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REGISTERED NUMBER: 10272092 (England and Wales)















M & C GROUP LIMITED

Unaudited Financial Statements

for the Year Ended 31 July 2023






M & C GROUP LIMITED (Registered number: 10272092)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


M & C GROUP LIMITED

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Mrs C Greaves





REGISTERED OFFICE: Hollinberry House
Hollinberry Lane
Howbrook
Sheffield
Yorkshire
S35 7EL





REGISTERED NUMBER: 10272092 (England and Wales)





ACCOUNTANTS: Maclean & Company
1 Park View Court
St Paul's Road
Shipley
West Yorkshire
BD18 3DZ

M & C GROUP LIMITED (Registered number: 10272092)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,043 1,171

CURRENT ASSETS
Stocks 750 750
Debtors 5 8,657 22,451
Cash at bank 80,777 138,846
90,184 162,047
CREDITORS
Amounts falling due within one year 6 60,554 128,180
NET CURRENT ASSETS 29,630 33,867
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,673

35,038

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 30,573 34,938
SHAREHOLDERS' FUNDS 30,673 35,038

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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

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

The financial statements were approved by the director and authorised for issue on 15 April 2024 and were signed by:





Mrs C Greaves - Director


M & C GROUP LIMITED (Registered number: 10272092)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

M & C GROUP LIMITED 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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).

M & C GROUP LIMITED (Registered number: 10272092)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2022
and 31 July 2023 2,269 1,267 3,536
DEPRECIATION
At 1 August 2022 1,413 952 2,365
Charge for year 128 - 128
At 31 July 2023 1,541 952 2,493
NET BOOK VALUE
At 31 July 2023 728 315 1,043
At 31 July 2022 856 315 1,171

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 7,663 16,080
Other debtors 994 6,371
8,657 22,451

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors 5,428 52,313
Taxation 30 2,282
Other creditors 55,096 73,585
60,554 128,180