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REGISTERED NUMBER: 10190482 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

MCJW Ltd

MCJW Ltd (Registered number: 10190482)






Contents of the Financial Statements
for the year ended 30 September 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MCJW Ltd

Company Information
for the year ended 30 September 2023







DIRECTORS: M D Cathcart
J Worton
Mrs H Worton





SECRETARY: M D Cathcart





REGISTERED OFFICE: Hopkins Pharmacy
Fields Park Avenue
Alcester
Warwickshire
B49 6QR





REGISTERED NUMBER: 10190482 (England and Wales)





ACCOUNTANTS: Derek Young & Co Accountants LLP
Chartered Accountants
Estate House
Evesham Street
Redditch
Worcestershire
B97 4HP

MCJW Ltd (Registered number: 10190482)

Abridged Balance Sheet
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,913,591 2,913,591

CURRENT ASSETS
Debtors 142,800 145,800
Cash at bank 1,102 6,073
143,902 151,873
CREDITORS
Amounts falling due within one year 1,024,371 932,861
NET CURRENT LIABILITIES (880,469 ) (780,988 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,033,122

2,132,603

CREDITORS
Amounts falling due after more than one year 5 1,873,169 1,972,355
NET ASSETS 159,953 160,248

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Share premium 158,932 158,932
Retained earnings 21 316
SHAREHOLDERS' FUNDS 159,953 160,248

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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.

MCJW Ltd (Registered number: 10190482)

Abridged Balance Sheet - continued
30 September 2023


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 September 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 March 2024 and were signed on its behalf by:




M D Cathcart - Director



J Worton - Director


MCJW Ltd (Registered number: 10190482)

Notes to the Financial Statements
for the year ended 30 September 2023

1. STATUTORY INFORMATION

MCJW Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about MCJW Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 October 2022
and 30 September 2023 2,913,591
NET BOOK VALUE
At 30 September 2023 2,913,591
At 30 September 2022 2,913,591

MCJW Ltd (Registered number: 10190482)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS
2023 2022
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 1,071,847 1,149,473

6. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans 98,640 103,260

Amounts falling due between one and two years:
Bank loans - 1-2 years 98,640 103,260

Amounts falling due between two and five years:
Bank loans - 2-5 years 295,920 309,780
Loan notes 406,762 409,842
702,682 719,622

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,071,847 1,149,473

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 1,565,047 1,665,773

Barclays Bank PLC holds a fixed & floating charge dated 30 November 2022 over all property & assets present & future, including goodwill, book debts, uncalled capital, buildings, fixtures & fixed plant & machinery.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary £1 1,000 1,000

9. ULTIMATE CONTROLLING PARTY

The directors consider that there is no single controlling party.