MECS COMMUNICATIONS LIMITED - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 04048484 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2022

for

MECS COMMUNICATIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Howe

REGISTERED OFFICE:

86-90 Paul Street

London

EC2A 4NE

REGISTERED NUMBER:

04048484 (England and Wales)

ACCOUNTANTS:

The Greene Partnership LLP

Chartered Accountants

Suite 2C, Brosnan House

175 Darkes Lane

Potters Bar

Hertfordshire

EN6 1BW

FIXED ASSETS

Tangible assets

4

12,218

4,023

CURRENT ASSETS

Debtors

5

141,341

402,074

Cash at bank

990,363

687,168

1,131,704

1,089,242

CREDITORS

Amounts falling due within one year

6

344,634

300,150

NET CURRENT ASSETS

787,070

789,092

TOTAL ASSETS LESS CURRENT LIABILITIES

799,288

793,115

PROVISIONS FOR LIABILITIES

7

2,321

764

NET ASSETS

796,967

792,351

CAPITAL AND RESERVES

Called up share capital

8

150

150

Retained earnings

796,817

792,201

SHAREHOLDERS' FUNDS

796,967

792,351

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27 September 2023 and were signed by:

M Howe - Director

1.	STATUTORY INFORMATION

MECS COMMUNICATIONS 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2022

16,776

10,107

26,883

Additions

11,490

934

12,424

At 31 December 2022

28,266

11,041

39,307

DEPRECIATION

At 1 January 2022

13,300

9,560

22,860

Charge for year

3,741

488

4,229

At 31 December 2022

17,041

10,048

27,089

NET BOOK VALUE

At 31 December 2022

11,225

993

12,218

At 31 December 2021

3,476

547

4,023

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Trade debtors

141,341

402,074

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Creditors and accruals

28,992

19,554

Tax

212

4,396

Social security and other taxes

119,869

102,020

VAT

19,264

12,369

Directors' current accounts

176,297

161,811

344,634

300,150

7.	PROVISIONS FOR LIABILITIES

31.12.22

31.12.21

£

£

Deferred tax

Accelerated capital allowances

2,321

764

Deferred

tax

£

Balance at 1 January 2022

764

Provided during year

1,557

Balance at 31 December 2022

2,321

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.22

31.12.21

value:

£

£

150

Ordinary

£1

150

150

9.	ULTIMATE CONTROLLING PARTY

The controlling party is M Howe.