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REGISTERED NUMBER: 12950023 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

FOR

MCL ASSETS LTD

MCL ASSETS LTD (REGISTERED NUMBER: 12950023)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

Page |

Balance Sheet | 1 |

MCL ASSETS LTD (REGISTERED NUMBER: 12950023)

BALANCE SHEET

31 OCTOBER 2022

| 31.10.22 | 31.10.21 |

£ | £ | £ | £ |

FIXED ASSETS | 403,100 |  | - |  |

CURRENT ASSETS | 113 |  | 4,183 |  |

CREDITORS

Amounts falling due within one year | (417,823 | ) | (5,180 | ) |

NET CURRENT LIABILITIES | (417,710 | ) | (997 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (14,610 | ) | (997 | ) |

RESERVES | (14,610 | ) | (997 | ) |

NOTES TO THE FINANCIAL STATEMENTS

1. | STATUTORY INFORMATION

| MCL Assets Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 12950023

| Registered office: | 249 Newton Road

| Great Barr

| Birmingham

| West Midlands

| B43 6JD

2. | AVERAGE NUMBER OF EMPLOYEES

| The average number of employees during the year was NIL (2021 - NIL).

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

MCL ASSETS LTD (REGISTERED NUMBER: 12950023)

BALANCE SHEET - continued

31 OCTOBER 2022

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2023 and were signed on its behalf by:

Mr Charan Jit Salan - Director