MEC2 Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06594121 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2020

for

MEC2 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M P Coote

D M Coote

REGISTERED OFFICE:

Old Gas Works

1 Godstone Road

Whyteleafe

Surrey

CR3 0EG

REGISTERED NUMBER:

06594121 (England and Wales)

ACCOUNTANTS:

Fitzgerald Mithia Springer Limited

Chartered Accountants

67 Westow Street

Upper Norwood

London

SE19 3RW

FIXED ASSETS

Investments

5

6

CURRENT ASSETS

Debtors

6

271,504

61,504

Cash at bank

500

5,500

272,004

67,004

CREDITORS

Amounts falling due within one year

7

272,000

67,000

NET CURRENT ASSETS

4

TOTAL ASSETS LESS CURRENT
LIABILITIES

10

CAPITAL AND RESERVES

Called up share capital

10

SHAREHOLDERS' FUNDS

10

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2021 and were signed on its behalf by:

M P Coote - Director

1.	STATUTORY INFORMATION

MEC2 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2019

and 30 April 2020

6

NET BOOK VALUE

At 30 April 2020

6

At 30 April 2019

6

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Formark Scaffolding (Holdings) Ltd

Registered office: United Kingdom

Nature of business: Scaffold contractors

%

holding

Class of shares:

Ordinary

100

Deferred ordinary

100

Preference

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

Amounts owed by group undertakings

271,500

61,500

Other debtors

4