Mountcray Limited Accounts






Mountcray Limited

	Company No. 01323946
		Information for Filing with The Registrar
		28 February 2022

The Directors present their report and the accounts for the year ended 28 February 2022.

Principal activities
The principal activity of the company during the year under review was residents' property management.




Directors

The Directors who served at any time during the year were as follows:

D. Craig

C.A. Ricketts
M. Roth			(Resigned 19 November 2021)


































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

D. Craig
Director
25 October 2022

at	28 February 2022
Company No.		01323946	Notes	2022	2021
				£	£






Current assets

	Debtors		4	4,351	2,931

	Cash at bank and in hand			43,678	44,544
				48,029	47,475
Creditors: Amount falling due within one year			5	(1,633)	(1,493)
Net current assets				46,396	45,982
Total assets less current liabilities				46,396	45,982




Net assets				46,396	45,982

Capital and reserves
	Called up share capital			12	12



	Profit and loss account		6	46,384	45,970

Total equity				46,396	45,982



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 28 February 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 25 October 2022
And signed on its behalf by:
D. Craig
Director
25 October 2022

for the year ended 28 February 2022

General information

Its registered number is: 01323946

Its registered office is:

Flat 4

16 The Ridgeway

Enfield

Middlesex

EN2 8QH

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2022	2021
			Number	Number
		The average monthly number of employees (including directors) during the year was:	0	0

4	Debtors
			2022	2021
			£	£
		Trade debtors	60	240





		Other debtors	1,791	191
		Prepayments and accrued income	2,500	2,500
			4,351	2,931

5	Creditors:
		amounts falling due within one year
			2022	2021
			£	£




		Trade creditors	260	120




		Other creditors	653	653
		Accruals and deferred income	720	720
			1,633	1,493

Reserves

Profit and loss account-includes all current and prior period retained profits and losses..'Notes to the Accounts'!C214