Company Registration No. 03972396 (England and Wales)
MFOR ASSOCIATES LIMITED
Unaudited accounts
for the year ended 29 June 2022
MFOR ASSOCIATES LIMITED
Unaudited accounts
Contents
MFOR ASSOCIATES LIMITED
Company Information
for the year ended 29 June 2022
Director
Steven Sean Collier
Company Number
03972396 (England and Wales)
Registered Office
35/37 ST. LEONARDS ROAD
NORTHAMPTON
NORTHAMPTONSHIRE
NN4 8DL
Accountants
Robins & Co
35 St Leonards Road
Northampton
NN4 8DL
MFOR ASSOCIATES LIMITED
Statement of financial position
as at
29 June 2022
Tangible assets
6,303
8,391
Cash at bank and in hand
19,908
43,582
Creditors: amounts falling due within one year
(32,036)
(57,497)
Net current liabilities
(903)
(1,199)
Total assets less current liabilities
5,400
7,192
Creditors: amounts falling due after more than one year
(39,607)
(49,113)
Net liabilities
(34,207)
(41,921)
Called up share capital
2,500
2,500
Profit and loss account
(36,707)
(44,421)
Shareholders' funds
(34,207)
(41,921)
For the year ending 29 June 2022 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 24 March 2023 and were signed on its behalf by
Steven Sean Collier
Director
Company Registration No. 03972396
MFOR ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 29 June 2022
MFOR ASSOCIATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03972396. The registered office is 35/37 ST. LEONARDS ROAD, NORTHAMPTON, NORTHAMPTONSHIRE, NN4 8DL.
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:
Plant & machinery
25% Reducing
Motor vehicles
25% Reducing
Computer equipment
33.33% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 30 June 2021
23,035
23,206
785
47,026
At 29 June 2022
23,035
23,206
785
47,026
At 30 June 2021
18,010
20,034
591
38,635
Charge for the year
1,256
793
39
2,088
At 29 June 2022
19,266
20,827
630
40,723
At 29 June 2022
3,769
2,379
155
6,303
At 29 June 2021
5,025
3,172
194
8,391
MFOR ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 29 June 2022
Amounts falling due within one year
Trade debtors
8,371
7,500
Accrued income and prepayments
2,854
4,716
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
3,913
-
Other creditors
11
(2,385)
Loans from directors
14,923
44,846
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).