Company Registration No. 03285955 (England and Wales)
M T C LONDON LIMITED
Unaudited accounts
for the year ended 31 May 2019
M T C LONDON LIMITED
Unaudited accounts
Contents
M T C LONDON LIMITED
Company Information
for the year ended 31 May 2019
Directors
James Marley
Valery Marley
Company Number
03285955 (England and Wales)
Registered Office
101 ROXBOROUGH AVENUE
ISLEWORTH
MIDDLESEX
TW7 5HH
Accountants
Accounts & Finance Consultants Ltd
1000 Great West Road
Brentford
London
Middlesex
TW8 9DW
M T C LONDON LIMITED
Statement of financial position
as at
31 May 2019
Inventories
69,818
69,818
Cash at bank and in hand
(4,519)
(5,147)
Creditors: amounts falling due within one year
(84,932)
(84,798)
Net current liabilities
(9,125)
(10,846)
Net liabilities
(9,125)
(10,698)
Called up share capital
10,002
10,002
Profit and loss account
(19,127)
(20,700)
Shareholders' funds
(9,125)
(10,698)
For the year ending 31 May 2019 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 28 February 2020.
James Marley
Director
Company Registration No. 03285955
M T C LONDON LIMITED
Notes to the Accounts
for the year ended 31 May 2019
M T C LONDON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03285955. The registered office is 101 ROXBOROUGH AVENUE, ISLEWORTH, MIDDLESEX, TW7 5HH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
Finished goods
69,818
69,818
Trade debtors
10,508
9,281
M T C LONDON LIMITED
Notes to the Accounts
for the year ended 31 May 2019
7
Creditors: amounts falling due within one year
2019
2018
Trade creditors
8,757
8,257
Taxes and social security
24,366
20,807
Other creditors
9,466
15,784
Loans from directors
42,343
39,950
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Average number of employees
During the year the average number of employees was 0 (2018: 0).