Registered number: 10348689 | ||||||||
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 | ||||||||
REGISTERED OFFICE | ||||||||
Cambs | ||||||||
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 Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
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 | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 2 | |||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
10,670 | 8,107 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (4,413) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 5,535 | 8,471 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Profit and loss account | (5,955) | (7,512) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
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 | ||||||||
Short Leasehold Properties | reducing balance 15% | |||||||
Equipment | reducing 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 | ||||
Patents | Total | |||
£ | £ | |||
Cost | ||||
At 01/09/2022 | 8,450 | 8,450 | ||
At 31/08/2023 | 8,450 | 8,450 | ||
Depreciation | ||||
At 01/09/2022 | 8,213 | 8,213 | ||
For the year | 190 | 190 | ||
At 31/08/2023 | 8,403 | 8,403 | ||
Net Book Amounts | ||||
At 31/08/2023 | ||||
At 31/08/2022 | ||||
MC & LC Properties Ltd | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Short Leasehold | ||||||
Properties | Equipment | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/09/2022 | 3,295 | 7,277 | 10,572 | |||
At 31/08/2023 | 3,295 | 7,277 | 10,572 | |||
Depreciation | ||||||
At 01/09/2022 | 1,784 | 2,772 | 4,556 | |||
For the year | 1,027 | 476 | 1,503 | |||
At 31/08/2023 | 2,811 | 3,248 | 6,059 | |||
Net Book Amounts | ||||||
At 31/08/2023 | 484 | 4,513 | ||||
At 31/08/2022 | 1,511 | 6,016 | ||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 914 | 1,485 | ||||||
UK corporation tax | - | 646 | ||||||
Other debtors | 2,717 | 3,013 | ||||||
Prepayments | 1,304 | 959 | ||||||
4,935 | 6,103 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 58 | - | ||||||
VAT | 4,504 | 3,555 | ||||||
PAYE control | 1,041 | 873 | ||||||
Directors current account | - | 1,092 | ||||||
Loans | 3,195 | 3,195 | ||||||
Other creditors | 412 | 512 | ||||||
Pension schemes | 324 | 254 | ||||||
Accruals | 5,430 | 3,039 | ||||||
14,964 | 12,520 | |||||||
MC & LC Properties Ltd | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Loans >1yr | 5,535 | 8,471 | ||||||
5,535 | 8,471 | |||||||
7. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
8. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 586 | 781 | ||||||
586 | 781 | |||||||
9. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||