IRIS Accounts Production v24.2.0.383 09883267 director 1.1.23 31.12.23 31.12.23 25.9.24 0 0 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh098832672022-12-31098832672023-12-31098832672023-01-012023-12-31098832672021-12-31098832672022-01-012022-12-31098832672022-12-3109883267ns15:EnglandWales2023-01-012023-12-3109883267ns14:PoundSterling2023-01-012023-12-3109883267ns10:Director12023-01-012023-12-3109883267ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3109883267ns10:SmallEntities2023-01-012023-12-3109883267ns10:Audited2023-01-012023-12-3109883267ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3109883267ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3109883267ns10:FullAccounts2023-01-012023-12-3109883267ns10:OrdinaryShareClass12023-01-012023-12-3109883267ns10:RegisteredOffice2023-01-012023-12-3109883267ns5:CurrentFinancialInstruments2023-12-3109883267ns5:CurrentFinancialInstruments2022-12-3109883267ns5:ShareCapital2023-12-3109883267ns5:ShareCapital2022-12-3109883267ns5:CapitalRedemptionReserve2023-12-3109883267ns5:CapitalRedemptionReserve2022-12-3109883267ns5:RetainedEarningsAccumulatedLosses2023-12-3109883267ns5:RetainedEarningsAccumulatedLosses2022-12-3109883267ns5:CostValuation2022-12-3109883267ns5:DisposalsRepaymentsInvestments2023-12-3109883267ns5:CostValuation2023-12-3109883267ns10:OrdinaryShareClass12023-12-3109883267ns5:RetainedEarningsAccumulatedLosses2022-12-3109883267ns5:CapitalRedemptionReserve2022-12-3109883267ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31
REGISTERED NUMBER: 09883267 (England and Wales)







Financial Statements for the Year Ended 31 December 2023

for

MCM Enterprise Holdings Ltd

MCM Enterprise Holdings Ltd (Registered number: 09883267)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MCM Enterprise Holdings Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: J M Race



REGISTERED OFFICE: 4th Floor
Great Suffolk Yard
131 Great Suffolk Street
London
SE1 1PP



REGISTERED NUMBER: 09883267 (England and Wales)



SENIOR STATUTORY AUDITOR: Dunkley's Chartered Accountants



AUDITORS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

MCM Enterprise Holdings Ltd (Registered number: 09883267)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Investments 4 1,317,241 1,317,341

CREDITORS
Amounts falling due within one year 5 - (100 )
NET CURRENT LIABILITIES - (100 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,317,241 1,317,241

CAPITAL AND RESERVES
Called up share capital 6 23,059 23,059
Capital redemption reserve 7 2,562 2,562
Retained earnings 7 1,291,620 1,291,620
SHAREHOLDERS' FUNDS 1,317,241 1,317,241

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 25 September 2024 and were signed by:





J M Race - Director


MCM Enterprise Holdings Ltd (Registered number: 09883267)

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

1. STATUTORY INFORMATION

MCM Enterprise Holdings Ltd 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 as modified by the revaluation of certain assets.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST OR VALUATION
At 1 January 2023 1,317,341
Disposals (100 )
At 31 December 2023 1,317,241
NET BOOK VALUE
At 31 December 2023 1,317,241
At 31 December 2022 1,317,341

MCM Enterprise Holdings Ltd (Registered number: 09883267)

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

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 December 2023 is represented by:

Shares in
group
undertakings
£   
Cost 1,317,241

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed to group undertakings - 100

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
27,103 Ordinary £1 23,059 23,059

7. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 January 2023 1,291,620 2,562 1,294,182
Profit for the year - -
At 31 December 2023 1,291,620 2,562 1,294,182

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

The Report of the Auditors was unqualified.

Dunkley's Chartered Accountants Matthew Dobbins FCA
for and on behalf of Dunkley's

9. RELATED PARTY DISCLOSURES

There is a balance owing to Cadfluence Ltd, a company under common control, at the balance sheet date of £nil (2022, £100).

10. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.