08586882 false CONTRACT CARPET FITTING 2017-07-01 2018-06-30 http://www.companieshouse.gov.uk/ 2017-06-30 http://www.companieshouse.gov.uk/ pt:ShareCapital 2017-06-30 http://www.companieshouse.gov.uk/ cd:Director1 2017-07-01 2018-06-30 http://www.companieshouse.gov.uk/ pt:CommercialMotorVehicles 2017-06-30 http://www.companieshouse.gov.uk/ pt:ShareCapital 2018-06-30 http://www.companieshouse.gov.uk/ pt:FurnitureFittings 2017-06-30 http://www.companieshouse.gov.uk/ pt:CommercialMotorVehicles 2018-06-30 http://www.companieshouse.gov.uk/ pt:FurnitureFittings 2018-06-30 http://www.companieshouse.gov.uk/ cd:RegisteredOffice 2017-07-01 2018-06-30 http://www.companieshouse.gov.uk/ cd:AuditExemptWithAccountantsReport 2017-07-01 2018-06-30 http://www.companieshouse.gov.uk/ pt:CurrentFinancialInstruments 2018-06-30 http://www.companieshouse.gov.uk/ pt:CurrentFinancialInstruments 2017-06-30 http://www.companieshouse.gov.uk/ 2017-07-01 2018-06-30 http://www.companieshouse.gov.uk/ 2017-06-30 http://www.companieshouse.gov.uk/ cd:FRS102 2017-07-01 2018-06-30 http://www.companieshouse.gov.uk/ 2018-06-30 http://www.companieshouse.gov.uk/ cd:FullAccounts 2017-07-01 2018-06-30 http://www.companieshouse.gov.uk/ cd:PrivateLimitedCompanyLtd 2017-07-01 2018-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 08586882

MARCOT FLOORING SOLUTIONS LTD

ACCOUNTS
FOR THE YEAR ENDED 30/06/2018

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 30/06/2018
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 30/06/2018
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 30/06/2018
2018 2017
Notes £ £
FIXED ASSETS
Tangible assets 2 22,351 31,393
CURRENT ASSETS
Stock 35,421 -
Debtors 4 173,082 116,279
Cash at bank and in hand 502 773
209,005 117,052
CREDITORS: Amounts falling due within one year 5 147,527 115,538
NET CURRENT ASSETS 61,478 1,514
TOTAL ASSETS LESS CURRENT LIABILITIES 83,829 32,907
CREDITORS: Amounts falling due after more than one year 6 63,308 14,826
NET ASSETS 20,521 18,081
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and loss account 20,519 18,079
SHAREHOLDERS' FUNDS 20,521 18,081
For the year ending 30/06/2018 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 30/03/2019 and signed on their behalf by
.............................
A COTTRILL
Director

MARCOT FLOORING SOLUTIONS LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2018
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 - 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 01/07/2017 34,664 6,451 41,115
Additions - 1,649 1,649
At 30/06/2018 34,664 8,100 42,764
Depreciation
At 01/07/2017 6,666 3,056 9,722
For the year 8,666 2,025 10,691
At 30/06/2018 15,332 5,081 20,413
Net Book Amounts
At 30/06/2018 19,332 3,019 22,351
At 30/06/2017 27,998 3,395 31,393
3. STOCK 2018 2017
£ £
Stock comprises:
Work in progress 35,421 -
35,421 -

MARCOT FLOORING SOLUTIONS LTD

4. DEBTORS 2018 2017
£ £
Amounts falling due within one year
Trade debtors 173,082 116,279
173,082 116,279
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£ £
UK corporation tax 9,730 3,774
Bank loans and overdrafts 26,000 25,215
Loans 15,000 -
Hire purchase 6,750 6,750
Trade creditors 78,978 66,505
Other creditors 4,969 10,294
Accruals 6,100 3,000
147,527 115,538
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2018 2017
£ £
Loans >1yr 51,250 -
Hire purchase >1yr 12,058 14,826
63,308 14,826
7. EMPLOYEES
2018 2017
No. No.
Average number of employees - -
8. SHARE CAPITAL 2018 2017
£ £
Allotted, issued and fully paid:
2 2