MCR Construction Ltd Accounts

MCR CONSTRUCTION LTD - Company Information






MCR Construction Ltd
	Company No. 09661072
		Information for Filing with The Registrar
		30 June 2017

The Director presents his report and the accounts for the year ended 30 June 2017.

Principal activities
The principal activity of the company during the year under review was plastering.




Director

The Director who served at any time during the year was as follows:

M. Cernega



































































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

M. Cernega
Director
09 March 2018

at	30 June 2017

Company No.		09661072	Notes	2017	2016
				£	£
Fixed assets

	Tangible assets		2	2,400	3,200


				2,400	3,200
Current assets

	Debtors		3	282	1,921

	Cash at bank and in hand			354	1,276
				636	3,197
Creditors: Amount falling due within one year			4	(17,049)	(8,688)
Net current liabilities				(16,413)	(5,491)
Total assets less current liabilities				(14,013)	(2,291)




Net liabilities				(14,013)	(2,291)

Capital and reserves
	Called up share capital			1	1



	Profit and loss account		5	(14,014)	(2,292)

Total equity				(14,013)	(2,291)


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 30 June 2017 the company was entitled to exemption 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 09 March 2018

And signed on its behalf by:

M. Cernega
Director

for the year ended 30 June 2017

Accounting policies

Basis of preparation

The accounts have been prepared in accordance with FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Companies Act 2006 . There were no material departures from that standard.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.

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.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Motor vehicles

20% Straight line

2	Tangible fixed assets
			Motor vehicles	Total
			£	£
		Cost or revaluation
		At 1 July 2016	4,000	4,000




		At 30 June 2017	4,000	4,000
		Depreciation
		At 1 July 2016	800	800
		Charge for the year	800	800



		At 30 June 2017	1,600	1,600
		Net book values
		At 30 June 2017	2,400	2,400
		At 30 June 2016	3,200	3,200

3	Debtors
			2017	2016
			£	£






		Other debtors	282	1,921

			282	1,921

4	Creditors:
		amounts falling due within one year
			2017	2016
			£	£







		Other taxes and social security	17,049	8,688



			17,049	8,688

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

Related party disclosures

Controlling party

Immediate controlling party

No single party controls the company.

Additional information

Its registered number is:

09661072

Its registered office is:

25 EIGHTH AVENUE

LONDON

E12 5JN