08586882 false CONTRACT CARPET FITTING 2018-07-01 2019-06-30 http://www.companieshouse.gov.uk/ 2018-06-30 http://www.companieshouse.gov.uk/ pt:ShareCapital 2018-06-30 http://www.companieshouse.gov.uk/ cd:Director1 2018-07-01 2019-06-30 http://www.companieshouse.gov.uk/ pt:CommercialMotorVehicles 2018-06-30 http://www.companieshouse.gov.uk/ pt:ShareCapital 2019-06-30 http://www.companieshouse.gov.uk/ pt:FurnitureFittings 2018-06-30 http://www.companieshouse.gov.uk/ pt:CommercialMotorVehicles 2019-06-30 http://www.companieshouse.gov.uk/ pt:FurnitureFittings 2019-06-30 http://www.companieshouse.gov.uk/ cd:RegisteredOffice 2018-07-01 2019-06-30 http://www.companieshouse.gov.uk/ cd:AuditExemptWithAccountantsReport 2018-07-01 2019-06-30 http://www.companieshouse.gov.uk/ pt:CurrentFinancialInstruments 2019-06-30 http://www.companieshouse.gov.uk/ pt:CurrentFinancialInstruments 2018-06-30 http://www.companieshouse.gov.uk/ 2018-07-01 2019-06-30 http://www.companieshouse.gov.uk/ 2018-06-30 http://www.companieshouse.gov.uk/ cd:FRS102 2018-07-01 2019-06-30 http://www.companieshouse.gov.uk/ 2019-06-30 http://www.companieshouse.gov.uk/ cd:FullAccounts 2018-07-01 2019-06-30 http://www.companieshouse.gov.uk/ cd:PrivateLimitedCompanyLtd 2018-07-01 2019-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 08586882

MARCOT FLOORING SOLUTIONS LTD

ACCOUNTS
FOR THE YEAR ENDED 30/06/2019

Prepared By:
WALLER UK LIMITED
ACCOUNTANTS
28A CALLE CAMELIA
URB. CORTIJO DE TORREQUEBRADA
29630 BENALMADENA COSTA
MALAGA SPAIN

MARCOT FLOORING SOLUTIONS LTD

ACCOUNTS
FOR THE YEAR ENDED 30/06/2019
DIRECTORS
A COTTRILL
REGISTERED OFFICE
UNIT 6 CHESHAM INDUSTRIAL ESTATE
ORAM STREET
BURY
LANCS
BL9 6EN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08586882
ACCOUNTANTS
WALLER UK LIMITED
ACCOUNTANTS
28A CALLE CAMELIA
URB. CORTIJO DE TORREQUEBRADA
29630 BENALMADENA COSTA
MALAGA SPAIN

MARCOT FLOORING SOLUTIONS LTD

ACCOUNTS
FOR THE YEAR ENDED 30/06/2019
CONTENTS
Page
Directors' Report -
Accountants' Report -
Statement Of Comprehensive Income -
Balance Sheet 3
Notes To The Accounts 4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account -
Profit And Loss Account Summaries -

MARCOT FLOORING SOLUTIONS LTD

BALANCE SHEET AT 30/06/2019
2019 2018
Notes £ £
FIXED ASSETS
Tangible assets 2 36,604 22,351
CURRENT ASSETS
Stock - 35,421
Debtors 4 238,066 173,082
Cash at bank and in hand 1,086 502
239,152 209,005
CREDITORS: Amounts falling due within one year 5 160,306 147,527
NET CURRENT ASSETS 78,846 61,478
TOTAL ASSETS LESS CURRENT LIABILITIES 115,450 83,829
CREDITORS: Amounts falling due after more than one year 6 54,840 63,308
NET ASSETS 60,610 20,521
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and loss account 60,608 20,519
SHAREHOLDERS' FUNDS 60,610 20,521
For the year ending 30/06/2019 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 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 24/03/2020 and signed on their behalf by
.............................
A COTTRILL
Director

MARCOT FLOORING SOLUTIONS LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2019
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehicles 25%
Fixtures and Fittings 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. TANGIBLE FIXED ASSETS
Commercial Fixtures
Vehicles and Fittings Total
£ £ £
Cost
At 01/07/2018 34,664 8,100 42,764
Additions 23,159 3,500 26,659
At 30/06/2019 57,823 11,600 69,423
Depreciation
At 01/07/2018 15,332 5,081 20,413
For the year 10,256 2,150 12,406
At 30/06/2019 25,588 7,231 32,819
Net Book Amounts
At 30/06/2019 32,235 4,369 36,604
At 30/06/2018 19,332 3,019 22,351
3. STOCK 2019 2018
£ £
Stock comprises:
Work in progress - 35,421
- 35,421

MARCOT FLOORING SOLUTIONS LTD

4. DEBTORS 2019 2018
£ £
Amounts falling due within one year
Trade debtors 238,066 173,082
238,066 173,082
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£ £
UK corporation tax 13,097 9,730
Bank loans and overdrafts 27,000 26,000
Loans 15,000 15,000
Hire purchase 11,375 6,750
Trade creditors 64,906 78,978
Other creditors 25,428 4,969
Accruals 3,500 6,100
160,306 147,527
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2019 2018
£ £
Loans >1yr 36,250 51,250
Hire purchase >1yr 18,590 12,058
54,840 63,308
7. EMPLOYEES
2019 2018
No. No.
Average number of employees - -
8. SHARE CAPITAL 2019 2018
£ £
Allotted, issued and fully paid:
2 2