| Registered Number:SC404703 |
For the year ended 31 March 2025
Scotland
Unaudited Financial Statements
For the year ended 31 March 2025
MCI Electronics Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
MCI Electronics Limited
Statement of Financial Position
31/3/2024
31/3/2025
| Property, plant and equipment |
57,519
63,683
2
57,519
63,683
34,148
12,246
3
| Trade and other receivables |
104,048
61,463
4
192,720
| Cash and cash equivalents |
206,866
280,575
330,916
| Trade and other payables: amounts falling due within one year |
(73,301)
(58,726)
5
257,615
221,849
Net current assets
| Total assets less current liabilities |
279,368
321,298
| Trade and other payables: amounts falling due after more than one |
| year |
(44,449)
(44,449)
6
234,919
Net assets
276,849
1
1
234,918
276,848
234,919
276,849
Shareholders' funds
| For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each |
| financial year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and |
| which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable |
| to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| James Lennox McIntosh Director |
| These financial statements were approved and authorised for issue by the Board on 10 December 2025 and were signed by: |
1 of 4
For the year ended 31 March 2025
MCI Electronics Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 4
For the year ended 31 March 2025
MCI Electronics Limited
Notes to the Financial Statements
Statutory Information
| MCI Electronics Limited is a private limited company, limited by shares, domiciled in Scotland, registration number SC404703. |
27 Castle Road
Bankside Industrial Estate
Falkirk
FK2 7UY
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
| 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The |
| financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Motor vehicles
Fixtures and fittings
| 2. Property, plant and equipment |
Motor vehicles
276,813
47,743
38,030
161,046
29,994
22,173
289
2,535
19,349
-
-
-
(28,054)
-
(28,054)
152,341
40,565
48,032
270,932
29,994
| Provision for depreciation and impairment |
213,130
39,767
31,835
120,328
21,200
Charge for year
16,502
1,377
1,309
12,057
1,759
(16,219)
-
-
(16,219)
-
213,413
41,144
33,144
116,166
22,959
7,035
36,175
7,421
6,888
57,519
8,794
40,718
6,195
7,976
63,683
3 of 4
For the year ended 31 March 2025
MCI Electronics Limited
Notes to the Financial Statements Continued
31/3/2024
31/3/2025
12,246
34,148
| 4. Trade and other receivables |
31/3/2024
31/3/2025
59,553
97,497
1,910
6,551
104,048
61,463
| 5. Trade and other payables: amounts falling due within one year |
31/3/2024
31/3/2025
-
53
4,529
49,353
| Taxation and social security |
48,254
22,613
5,943
1,282
58,726
73,301
| 6. Trade and other payables: amounts falling due after more than one year |
31/3/2024
31/3/2025
44,449
44,449
| 7. Average number of persons employed |
During the year the average number of employees was 7 (2024 : 7)
4 of 4