Registered Number 14195238

MCQUISITE VIDA LTD

Micro-entity Accounts

30 June 2025

MCQUISITE VIDA LTD Registered Number 14195238

Micro-entity Balance Sheet as at 30 June 2025

Notes 2025 2024
JMD JMD
Called up share capital not paid
-
1,861
Fixed Assets
1,334,717
-
Current Assets
9,625
-
Prepayments and accrued income
-
-
Creditors: amounts falling due within one year
(3,184,460)
(349,024)
Net current assets (liabilities)
(3,174,835)
(349,024)
Total assets less current liabilities
(1,840,118)
(347,163)
Creditors: amounts falling due after more than one year
0
0
Provisions for liabilities
0
0
Accruals and deferred income
(11,023)
0
Total net assets (liabilities)
(1,851,141)
(347,163)
Capital and reserves
(1,851,141)
(347,163)
  • For the year ending 30 June 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 5 October 2026

And signed on their behalf by:
R R McLean, Director

Footnotes:

MCQUISITE VIDA LTD Registered Number 14195238

Notes to the Micro-entity Accounts for the period ended 30 June 2025

1Employees
2025 2024
Average number of employees during the period 0 0

2Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime. They are presented in Jamaican dollars (JMD), the company’s functional currency, rounded to the nearest dollar.

Tangible assets depreciation policy
Tangible fixed assets are improvements to the company’s leased property in Jamaica, stated at cost less depreciation. Depreciation is charged on a straight-line basis over 10 to 14 years, limited to the remaining term of the lease.

Other accounting policies
Comparative figures

The 2024 comparatives have been restated to show the share capital, unpaid at 30 June 2024, at its historical cost of JMD 1,861 rather than within creditors. Net liabilities at 30 June 2024 are restated from JMD 350,885 to JMD 347,163.