Company Registration No. 11387463 (England and Wales)
MC Consultancy & Accountancy Ltd
Unaudited accounts
for the year ended 31 March 2020
MC Consultancy & Accountancy Ltd
Unaudited accounts
Contents
MC Consultancy & Accountancy Ltd
Company Information
for the year ended 31 March 2020
Company Number
11387463 (England and Wales)
Registered Office
WHITEHAVEN
NEW PARK ROAD
CRANLEIGH
SURREY
GU6 7HL
UNITED KINGDOM
MC Consultancy & Accountancy Ltd
Statement of financial position
as at
31 March 2020
Intangible assets
1,800
2,400
Cash at bank and in hand
78,980
231
Creditors: amounts falling due within one year
(37,345)
(18,535)
Net current assets/(liabilities)
58,933
(2,310)
Called up share capital
1
1
Profit and loss account
60,732
89
Shareholders' funds
60,733
90
For the year ending 31 March 2020 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 15 March 2021 and were signed on its behalf by
M.J. Creak
Director
Company Registration No. 11387463
MC Consultancy & Accountancy Ltd
Notes to the Accounts
for the year ended 31 March 2020
MC Consultancy & Accountancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 11387463. The registered office is WHITEHAVEN, NEW PARK ROAD, CRANLEIGH, SURREY, GU6 7HL, UNITED KINGDOM.
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 financial statements have been prepared on the going concern basis, which assumes that the company continues to trade profitably and to meet its liabilities as they fall due.
These financial statements comply with Financial Reporting Standard 102 Section 1A.
Revenue, described as turnover, is the value of services (net of VAT) provided to customers during the year.
The cost of the right to use the company's trademark is amortised on a straight line basis over 5 years, this being the period of the licence.
4
Intangible fixed assets
Other
Trade debtors
17,298
15,994
Total debtors
17,298
15,994
MC Consultancy & Accountancy Ltd
Notes to the Accounts
for the year ended 31 March 2020
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
27,730
7,823
Loans from directors
8,853
10,385
7
Transactions with related parties
A loan of £8,853 (2019: £10,385) was owed to the Director-Shareholder at 31 March 2020. The loan was repayable on demand and interest of 5% was charged.
8
Average number of employees
During the year the average number of employees was 0 (2019: 0).