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REGISTERED NUMBER: 11976889 (England and Wales)















Financial Statements for the Year Ended 31 May 2023

for

MAC CC Group Limited

MAC CC Group Limited (Registered number: 11976889)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MAC CC Group Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: P Albrighton
J P Beckett
Y Ghaznavi
J Jones
A Nunn
M A Roberts
G Witheat





SECRETARY: G Witheat





REGISTERED OFFICE: Bell House Seebeck Place
Knowlhill
Milton Keynes
MK5 8FR





REGISTERED NUMBER: 11976889 (England and Wales)





AUDITORS: TC Group
1 Rushmills
Northampton
NN4 7YB

MAC CC Group Limited (Registered number: 11976889)

Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 6,149,823 6,149,823

CURRENT ASSETS
Debtors 5 72,312 63,312
Cash at bank 40,368 67,966
112,680 131,278
CREDITORS
Amounts falling due within one year 6 1,040,945 633,653
NET CURRENT LIABILITIES (928,265 ) (502,375 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,221,558

5,647,448

CREDITORS
Amounts falling due after more than one
year

7

790,653

1,125,000
NET ASSETS 4,430,905 4,522,448

CAPITAL AND RESERVES
Called up share capital 200,000 200,000
Retained earnings 4,230,905 4,322,448
SHAREHOLDERS' FUNDS 4,430,905 4,522,448

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 Board of Directors and authorised for issue on 21 November 2023 and were signed on its behalf by:





G Witheat - Director


MAC CC Group Limited (Registered number: 11976889)

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


1. STATUTORY INFORMATION

MAC CC Group Limited is a private company, limited by shares, registered in England and Wales under the company number 11976889 at Bell House Seebeck Place, Knowlhill, Milton Keynes, Buckinghamshire, MK5 8FR.

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 MAC CC Group Limited 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.

Financial instruments
The Company has elected to apply the provisions of Section 11 'Basic Financial Instruments'.
Basic financial liabilities including bank loans are initially recognised at transaction price and are subsequently carried at amortised cost using the effective interest method.

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.

Going concern
The financial statements have been prepared on the going concern basis, which the directors consider to be appropriate for the reasons set out below:

The directors have provided the Company with confirmation that for at least 12 months from the date of approval of these financial statements that they will provide sufficient financial support to enable the Company to meet its liabilities as they fall due and that they will not call for the repayment of their directors' loan accounts without first safeguarding the Company.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 June 2022
and 31 May 2023 6,149,823
NET BOOK VALUE
At 31 May 2023 6,149,823
At 31 May 2022 6,149,823

MAC CC Group Limited (Registered number: 11976889)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings - 16,000
Other debtors 72,312 47,312
72,312 63,312

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 375,000 375,000
Amounts owed to group undertakings 407,292 -
Other creditors 258,653 258,653
1,040,945 633,653

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 790,653 1,125,000

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Antonia Aldridge-Brown FCCA (Senior Statutory Auditor)
for and on behalf of TC Group

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is deemed to be the directors of MAC CC Group Limited and the MAC Employee Benefit Trust by virtue of their shareholding.