MCL Telecommunications Group Ltd - Accounts to registrar - small 17.1

MCL Telecommunications Group Ltd - Accounts to registrar - small 17.1

MCL TELECOMMUNICATIONS GROUP LTD - Company Information

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REGISTERED NUMBER: 04514660 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 31st August 2016

for

MCL Telecommunications Group Ltd

MCL Telecommunications Group Ltd (Registered number: 04514660)






Contents of the Financial Statements
for the Year Ended 31st August 2016




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


MCL Telecommunications Group Ltd

Company Information
for the Year Ended 31st August 2016







DIRECTOR: D Billington





SECRETARY: L C Billington





REGISTERED OFFICE: 43 Victoria Road
Burgess Hill
West Sussex
RH15 9LR





REGISTERED NUMBER: 04514660 (England and Wales)





ACCOUNTANTS: Sigma Partners
Gloucester House
Church Walk
Burgess Hill
West Sussex
RH15 9AS
Page 1
MCL Telecommunications Group Ltd (Registered number: 04514660)

Statement of Financial Position
31st August 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,785 4,590
Investments 5 100 100
3,885 4,690

CURRENT ASSETS
Stocks 6,250 3,500
Debtors 6 57,934 39,896
Cash at bank and in hand 101,926 66,783
166,110 110,179
CREDITORS
Amounts falling due within one year 7 97,767 64,209
NET CURRENT ASSETS 68,343 45,970
TOTAL ASSETS LESS CURRENT
LIABILITIES
72,228
50,660

PROVISIONS FOR LIABILITIES 175 -
NET ASSETS 72,053 50,660

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 71,953 50,560
SHAREHOLDERS' FUNDS 72,053 50,660

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2016 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 notes form part of these financial statements

Page 2 continued...
MCL Telecommunications Group Ltd (Registered number: 04514660)

Statement of Financial Position - continued
31st August 2016


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 20th April 2017 and were signed by:





D Billington - Director


The notes form part of these financial statements

Page 3
MCL Telecommunications Group Ltd (Registered number: 04514660)

Notes to the Financial Statements
for the Year Ended 31st August 2016

1. STATUTORY INFORMATION

MCL Telecommunications Group Ltd 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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 cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 .

Page 4 continued...
MCL Telecommunications Group Ltd (Registered number: 04514660)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2016

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st September 2015 24,508
Additions 1,408
At 31st August 2016 25,916
DEPRECIATION
At 1st September 2015 19,918
Charge for year 2,213
At 31st August 2016 22,131
NET BOOK VALUE
At 31st August 2016 3,785
At 31st August 2015 4,590

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st September 2015
and 31st August 2016 100
NET BOOK VALUE
At 31st August 2016 100
At 31st August 2015 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 41,075 28,710
Other debtors 16,859 11,186
57,934 39,896

Page 5 continued...
MCL Telecommunications Group Ltd (Registered number: 04514660)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2016

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade creditors 21,853 23,235
Taxation and social security 25,331 17,279
Other creditors 50,583 23,695
97,767 64,209

8. RELATED PARTY DISCLOSURES

Recharges of £56,682 were made to MCL Telecoms, the subsidiary company, during the year and a
debtor balance of £25,460 was owed from the subsidiary at the balance sheet date.

A further working capital loan of £9,556 was outstanding from the subsidiary company at the balance
sheet date.

9. ULTIMATE CONTROLLING PARTY

The controlling party is D Billington.

Page 6