Company Registration No. 08680472 (England and Wales)
AXIS MCR LTD
Unaudited accounts
for the year ended 30 September 2018
AXIS MCR LTD
Unaudited accounts
Contents
AXIS MCR LTD
Company Information
for the year ended 30 September 2018
Company Number
08680472 (England and Wales)
Registered Office
355 WILMSLOW ROAD
MANCHESTER
M14 6XU
AXIS MCR LTD
Statement of financial position
as at
30 September 2018
Intangible assets
135,000
135,000
Tangible assets
195,254
177,127
Cash at bank and in hand
34,648
126,422
Creditors: amounts falling due within one year
(350,242)
(432,452)
Net current liabilities
(315,594)
(306,030)
Called up share capital
100
100
Profit and loss account
14,560
5,997
Shareholders' funds
14,660
6,097
For the year ending 30 September 2018 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.
Approved by the Board on 27 June 2019.
Adeel Ahmad
Director
Company Registration No. 08680472
AXIS MCR LTD
Notes to the Accounts
for the year ended 30 September 2018
AXIS MCR LTD is a private company, limited by shares, registered in England and Wales, registration number 08680472. The registered office is 355 WILMSLOW ROAD, MANCHESTER, M14 6XU.
2
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
18% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 October 2017
135,000
At 30 September 2018
135,000
At 30 September 2018
135,000
At 30 September 2017
135,000
AXIS MCR LTD
Notes to the Accounts
for the year ended 30 September 2018
5
Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2017
158,669
32,908
191,577
Additions
-
24,000
24,000
Disposals
-
(3,000)
(3,000)
At 30 September 2018
158,669
53,908
212,577
At 1 October 2017
-
14,450
14,450
Charge for the year
-
2,873
2,873
At 30 September 2018
-
17,323
17,323
At 30 September 2018
158,669
36,585
195,254
At 30 September 2017
158,669
18,458
177,127
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Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
17,379
-
Taxes and social security
1,996
203
Other creditors
330,867
432,249
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Average number of employees
During the year the average number of employees was 3 (2017: 3).