Company Registration No. SC568332 (Scotland)
MEC Joinery Ltd
Unaudited accounts
for the year ended 30 June 2020
MEC Joinery Ltd
Unaudited accounts
Contents
MEC Joinery Ltd
Company Information
for the year ended 30 June 2020
Company Number
SC568332 (Scotland)
Registered Office
UNIT 17 MID ROAD
INDUSTRIAL ESTATE
PRESTONPANS
EAST LOTHIAN
EH21 9ER
SCOTLAND
MEC Joinery Ltd
Statement of financial position
as at 30 June 2020
Tangible assets
10,319
160
Creditors: amounts falling due within one year
(79,723)
(58,070)
Net current liabilities
(23,947)
(18,246)
Net liabilities
(13,628)
(18,086)
Profit and loss account
(13,628)
(18,086)
Shareholders' funds
(13,628)
(18,086)
For the year ending 30 June 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 12 November 2021 and were signed on its behalf by
John Brown
Director
Company Registration No. SC568332
MEC Joinery Ltd
Notes to the Accounts
for the year ended 30 June 2020
MEC Joinery Ltd is a private company, limited by shares, registered in Scotland, registration number SC568332. The registered office is UNIT 17 MID ROAD, INDUSTRIAL ESTATE, PRESTONPANS, EAST LOTHIAN, EH21 9ER, SCOTLAND.
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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:
Motor vehicles
20% straight line
Computer equipment
20% straight line
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 30 June 2020
12,765
266
13,031
Charge for the year
2,553
53
2,606
At 30 June 2020
2,553
159
2,712
At 30 June 2020
10,212
107
10,319
5
Debtors: amounts falling due within one year
2020
2019
Other debtors
54,398
39,824
MEC Joinery Ltd
Notes to the Accounts
for the year ended 30 June 2020
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
2,147
6,713
Trade creditors
34,447
37,693
Taxes and social security
14,783
9,099
Other creditors
28,346
4,565
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Average number of employees
During the year the average number of employees was 1 (2019: 1).
