1 April 2022 false No description of principal activity Taxfiler 2023.10.2 10958933business:PrivateLimitedCompanyLtd2022-04-012023-03-31 109589332022-03-31 109589332022-04-012023-03-31 10958933business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 10958933business:FilletedAccounts2022-04-012023-03-31 109589332023-03-31 10958933business:Director12022-04-012023-03-31 10958933business:Director22022-04-012023-03-31 10958933business:Director32022-04-012023-03-31 10958933business:RegisteredOffice2022-04-012023-03-31 109589332022-03-31 10958933core:WithinOneYear2023-03-31 10958933core:WithinOneYear2022-03-31 10958933core:AfterOneYear2023-03-31 10958933core:AfterOneYear2022-03-31 10958933core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 10958933core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 10958933core:RevaluationReservecore:PreviouslyStatedAmount2023-03-31 10958933core:RevaluationReservecore:PreviouslyStatedAmount2022-03-31 10958933core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 10958933core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 10958933core:PreviouslyStatedAmount2023-03-31 10958933core:PreviouslyStatedAmount2022-03-31 10958933business:SmallEntities2022-04-012023-03-31 10958933countries:EnglandWales2022-04-012023-03-31 10958933core:LandBuildings2022-03-31 10958933core:LandBuildings2022-04-012023-03-31 10958933core:LandBuildings2023-03-31 109589332021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10958933 (England and Wales)
MCR GROUP LTD Unaudited accounts for the year ended 31 March 2023
MCR GROUP LTD Unaudited accounts Contents
Page
- 2 -
MCR GROUP LTD Company Information for the year ended 31 March 2023
Directors
Usman Anjum Omer Anjum Ali Anjum
Company Number
10958933 (England and Wales)
Registered Office
2A TWEEDALE STREET ROCHDALE OL11 1HH ENGLAND
Accountants
PRIME ACCOUNTANTS 10 LOCKWOOD HOUSE LOCKWOOD PARK HUDDERSFIELD HD4 6EN
- 3 -
MCR GROUP LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
839,794 
Investment property
2,525,000 
- 
Investments
5,000 
5,000 
2,530,000 
844,794 
Current assets
Cash at bank and in hand
20,247 
18,667 
Creditors: amounts falling due within one year
(752,936)
(710,082)
Net current liabilities
(732,689)
(691,415)
Total assets less current liabilities
1,797,311 
153,379 
Creditors: amounts falling due after more than one year
(16,250)
(23,750)
Provisions for liabilities
Deferred tax
(401,524)
- 
Net assets
1,379,537 
129,629 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
1,204,572 
- 
Profit and loss account
174,865 
129,529 
Shareholders' funds
1,379,537 
129,629 
For the year ending 31 March 2023 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 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2023 and were signed on its behalf by
Usman Anjum Director Company Registration No. 10958933
- 4 -
MCR GROUP LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
MCR GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 10958933. The registered office is 2A TWEEDALE STREET, ROCHDALE, OL11 1HH, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2022
892,719 
Transfer to investment property
(892,719)
At 31 March 2023
- 
Depreciation
At 1 April 2022
52,925 
On transfers from investment property
(52,925)
At 31 March 2023
- 
Net book value
At 31 March 2023
- 
At 31 March 2022
839,794 
5
Investment property
2023 
£ 
Additions
26,185 
Net gain from fair value adjustments
1,606,096 
Transfers from tangible fixed assets
892,719 
At 31 March 2023
2,525,000 
- 5 -
MCR GROUP LTD Notes to the Accounts for the year ended 31 March 2023
6
Investments
Other investments 
£ 
Valuation at 1 April 2022
5,000 
Valuation at 31 March 2023
5,000 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
7,500 
7,500 
Amounts owed to group undertakings and other participating interests
17,120 
- 
Taxes and social security
10,635 
6,541 
Other creditors
1,849 
- 
Loans from directors
715,832 
696,041 
752,936 
710,082 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
16,250 
23,750 
9
Average number of employees
During the year the average number of employees was 1 (2022: 3).
- 6 -