MCL Partnership Ltd 05899360 true 2022-09-01 2023-08-31 2023-08-31 The principal activity of the company is Interior Design Consultancy Digita Accounts Production Advanced 6.30.9574.0 true Mr Paul Higgs Cobat Secretarial Services Limited true 05899360 2022-09-01 2023-08-31 05899360 2023-08-31 05899360 bus:OrdinaryShareClass1 2023-08-31 05899360 core:RetainedEarningsAccumulatedLosses 2023-08-31 05899360 core:ShareCapital 2023-08-31 05899360 core:CurrentFinancialInstruments 2023-08-31 05899360 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 05899360 core:FurnitureFittingsToolsEquipment 2023-08-31 05899360 bus:FRS102 2022-09-01 2023-08-31 05899360 bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 05899360 bus:FullAccounts 2022-09-01 2023-08-31 05899360 bus:RegisteredOffice 2022-09-01 2023-08-31 05899360 bus:CompanySecretary1 2022-09-01 2023-08-31 05899360 bus:Director3 2022-09-01 2023-08-31 05899360 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 05899360 bus:EntityNoLongerTradingButTradedInPast 2022-09-01 2023-08-31 05899360 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 05899360 core:FurnitureFittings 2022-09-01 2023-08-31 05899360 core:OfficeEquipment 2022-09-01 2023-08-31 05899360 core:PlantMachinery 2022-09-01 2023-08-31 05899360 countries:England 2022-09-01 2023-08-31 05899360 2022-08-31 05899360 core:FurnitureFittingsToolsEquipment 2022-08-31 05899360 2022-08-31 05899360 bus:OrdinaryShareClass1 2022-08-31 05899360 core:RetainedEarningsAccumulatedLosses 2022-08-31 05899360 core:ShareCapital 2022-08-31 05899360 core:CurrentFinancialInstruments 2022-08-31 05899360 core:CurrentFinancialInstruments core:WithinOneYear 2022-08-31 05899360 core:FurnitureFittingsToolsEquipment 2022-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 05899360

MCL Partnership Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 August 2023

 

MCL Partnership Ltd

Profit and Loss Account for the Year Ended 31 August 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

MCL Partnership Ltd

(Registration number: 05899360)
Balance Sheet as at 31 August 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

500

500

Current assets

 

Debtors

5

2,882

2,882

Net assets

 

3,382

3,382

Capital and reserves

 

Called up share capital

6

100

100

Retained earnings

3,282

3,282

Shareholders' funds

 

3,382

3,382

For the financial year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 31 August 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 20 February 2024
 

.........................................
Mr Paul Higgs
Director

 

MCL Partnership Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
1007 London Road
Leigh-On-Sea
Essex
SS9 3JY

These financial statements were authorised for issue by the director on 20 February 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% reducing balance

Furniture and fittings

20% reducing balance

Office equipment

20% reducing balance

 

MCL Partnership Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, analysed by category was as follows:

2023
No.

2022
No.

 

MCL Partnership Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 September 2022

5,830

5,830

At 31 August 2023

5,830

5,830

Depreciation

At 1 September 2022

5,330

5,330

At 31 August 2023

5,330

5,330

Carrying amount

At 31 August 2023

500

500

At 31 August 2022

500

500

5

Debtors

Current

2023
£

2022
£

Other debtors

2,882

2,882

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

100

100

100

100