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Registered number: 10348689

MC & LC Properties Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/08/2023

Prepared By:
Anstee Gorst
Unit 4 Eaton Court
Colmworth Business Park
Eaton Socon
Cambridgeshire
PE19 8ER

MC & LC Properties Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/08/2023
DIRECTORS
Leanne Carpenter (resigned 1 March 2024)
Michael Carpenter (resigned 1 March 2024)
Tarun Patel
REGISTERED OFFICE
Unit 4 Eaton Court
Colmworth Business Park
Eaton Socon
Cambs
PE19 8ER
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10348689
ACCOUNTANTS
Anstee Gorst
Unit 4 Eaton Court
Colmworth Business Park
Eaton Socon
Cambridgeshire
PE19 8ER

MC & LC Properties Ltd

ACCOUNTS
FOR THEYEARENDED31/08/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

MC & LC Properties Ltd

BALANCE SHEET AT 31/08/2023
20232022
Notes££
FIXED ASSETS
Intangible assets247237
Tangible assets34,5136,016
4,5606,253
CURRENT ASSETS
Debtors44,9356,103
Cash at bank and in hand5,7352,004
10,6708,107
CREDITORS: Amounts falling due within one year514,96412,520
NET CURRENT LIABILITIES(4,294)(4,413)
TOTAL ASSETS LESS CURRENT LIABILITIES2661,840
CREDITORS: Amounts falling due after more than one year65,5358,471
PROVISIONS FOR LIABILITIES AND CHARGES8586781
NET LIABILITIES(5,855)(7,412)
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account(5,955)(7,512)
SHAREHOLDERS' FUNDS(5,855)(7,412)
For the year ending 31/08/2023 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 26/03/2024 and signed on their behalf by
.............................
Tarun Patel
Director

MC & LC Properties Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/08/2023
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. Going Concern
These accounts have been prepared on the going concern basis on the assumption that the directors will be able to meet the financial needs of the company as they become due.
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Short Leasehold Propertiesreducing balance 15%
Equipmentreducing balance 25%
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. INTANGIBLE FIXED ASSETS
PatentsTotal
££
Cost
At 01/09/20228,4508,450
At 31/08/20238,4508,450
Depreciation
At 01/09/20228,2138,213
For the year190190
At 31/08/20238,4038,403
Net Book Amounts
At 31/08/20234747
At 31/08/2022237237

MC & LC Properties Ltd

3. TANGIBLE FIXED ASSETS
Short Leasehold
PropertiesEquipmentTotal
£££
Cost
At 01/09/20223,2957,27710,572
At 31/08/20233,2957,27710,572
Depreciation
At 01/09/20221,7842,7724,556
For the year1,0274761,503
At 31/08/20232,8113,2486,059
Net Book Amounts
At 31/08/20234844,0294,513
At 31/08/20221,5114,5056,016
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors9141,485
UK corporation tax-646
Other debtors2,7173,013
Prepayments1,304959
4,9356,103
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax58-
VAT4,5043,555
PAYE control1,041873
Directors current account-1,092
Loans3,1953,195
Other creditors412512
Pension schemes324254
Accruals5,4303,039
14,96412,520

MC & LC Properties Ltd

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Loans >1yr5,5358,471
5,5358,471
7. EMPLOYEES
20232022
No.No.
Average number of employees11
8. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation586781
586781
9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100