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REGISTERED NUMBER: 04767460 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

MCV INVESTMENTS LIMITED

MCV INVESTMENTS LIMITED (REGISTERED NUMBER: 04767460)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Income Statement 2

Balance Sheet 3

Notes to the Financial Statements 4


MCV INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mr M C Vodden
Mr I J Colley





SECRETARY: Mrs S J Vodden





REGISTERED OFFICE: 3 The Grove
Chipperfield Road
Kings Langley
WD4 9JF





REGISTERED NUMBER: 04767460 (England and Wales)





ACCOUNTANTS: TBW Accountancy Limited
S2 Mill House Centre
108 Commercial Road
Totton
Southampton
Hampshire
SO40 3AE

MCV INVESTMENTS LIMITED (REGISTERED NUMBER: 04767460)

INCOME STATEMENT
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   

TURNOVER - -

Administrative expenses 549,415 489,912
(549,415 ) (489,912 )

Other operating income 373,104 331,068
OPERATING LOSS 5 (176,311 ) (158,844 )

Income from shares in group undertakings 2,848,961 716,000
Interest receivable and similar income 46,135 38,208
2,895,096 754,208
PROFIT BEFORE TAXATION 2,718,785 595,364

Tax on profit - -
PROFIT FOR THE FINANCIAL YEAR 2,718,785 595,364

MCV INVESTMENTS LIMITED (REGISTERED NUMBER: 04767460)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 62,082 83,998
Investments 7 160,001 160,001
Investment property 8 4,698,318 4,200,064
4,920,401 4,444,063

CURRENT ASSETS
Debtors 9 2,412,860 1,950,502
Cash at bank 635,874 322,699
3,048,734 2,273,201
CREDITORS
Amounts falling due within one year 10 39,014 97,928
NET CURRENT ASSETS 3,009,720 2,175,273
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,930,121

6,619,336

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7,930,021 6,619,236
SHAREHOLDERS' FUNDS 7,930,121 6,619,336

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements were approved by the Board of Directors and authorised for issue on 4 March 2025 and were signed on its behalf by:





Mr M C Vodden - Director


MCV INVESTMENTS LIMITED (REGISTERED NUMBER: 04767460)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

MCV Investments 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.

Preparation of consolidated financial statements
The financial statements contain information about MCV Investments 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.

Related party exemption
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.

Tangible fixed assets
Depreciation is provided by the Group to write off the cost of fixed tangible assets over their estimated useful economic lives by equal instalments at the following rates:

Office equipment - 20%
Motor vehicle - 25%
Plant and equipment held for operating lease - length of lease

Assets held under finance leases are depreciated over their expected useful lives on the same basis as owned assets or the periods of the leases where these are shorter.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.


MCV INVESTMENTS LIMITED (REGISTERED NUMBER: 04767460)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed asset investments
Fixed asset investments are capitalised at cost with impairment reviews carried out on an annual basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. DIRECTORS' EMOLUMENTS
2024 2023
£    £   
Directors' remuneration 86,011 71,172

5. OPERATING LOSS

The operating loss is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 31,916 31,273

MCV INVESTMENTS LIMITED (REGISTERED NUMBER: 04767460)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 102,316 54,890 7,604 164,810
Additions 10,000 - - 10,000
At 30 September 2024 112,316 54,890 7,604 174,810
DEPRECIATION
At 1 October 2023 42,596 33,658 4,558 80,812
Charge for year 16,942 13,723 1,251 31,916
At 30 September 2024 59,538 47,381 5,809 112,728
NET BOOK VALUE
At 30 September 2024 52,778 7,509 1,795 62,082
At 30 September 2023 59,720 21,232 3,046 83,998

7. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023
and 30 September 2024 160,001
NET BOOK VALUE
At 30 September 2024 160,001
At 30 September 2023 160,001

8. INVESTMENT PROPERTY
Total
£   
COST
At 1 October 2023 4,200,064
Additions 498,254
At 30 September 2024 4,698,318
NET BOOK VALUE
At 30 September 2024 4,698,318
At 30 September 2023 4,200,064

MCV INVESTMENTS LIMITED (REGISTERED NUMBER: 04767460)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 19,467 16,932
Other debtors 13,334 2,627
Other loans 329,859 363,156
Directors' loan accounts 113,100 345,500
Tax 99,288 131,787
Prepayments and accrued income 4,154 3,500
579,202 863,502

Amounts falling due after more than one year:
Other loans 1,833,658 1,087,000

Aggregate amounts 2,412,860 1,950,502

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 12,823 64,074
Amounts owed to group undertakings 10,000 10,000
Social security and other taxes 4,492 5,396
VAT - 636
Other creditors 1,150 1,150
Accruals and deferred income 5,347 11,470
Accrued expenses 5,202 5,202
39,014 97,928

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Mr M C Vodden
Balance outstanding at start of year 305,500 405,500
Amounts repaid (252,700 ) (100,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 52,800 305,500

Mr I J Colley
Balance outstanding at start of year 40,000 40,000
Amounts advanced 20,300 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 60,300 40,000

MCV INVESTMENTS LIMITED (REGISTERED NUMBER: 04767460)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

12. ULTIMATE PARENT COMPANY

MCV Limited, a company incorporated in England and Wales with registered office at 3 The Grove, Chipperfield Road, Kings Langley, WD4 9JF, United Kingdom is the parent company.

The ultimate controlling party is the the director of the company.