| MCT Construction Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2018 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and 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). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
| 2 |
Debtors |
2018 |
|
2017 |
| £ |
£ |
|
|
Trade debtors |
11,457 |
|
3,181 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Trade creditors |
4,367 |
|
4,728 |
|
Taxation and social security costs |
14,742 |
|
15,811 |
|
Other creditors |
2,668 |
|
1,342 |
|
|
|
|
|
|
21,777 |
|
21,881 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Other information |
|
|
MCT Construction Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
129b High Street |
|
Stevenage |
|
Herts |
|
SG1 3HS |
