Company registration number: 13949591
Unaudited financial statements
for the year ended 31 March 2024
for
Mcm Property Investments Limited
Pages for filing with the Registrar
Company registration number: 13949591
Mcm Property Investments Limited
Balance sheet
as at 31 March 2024
2024 2023
Note £ £ £ £
Fixed assets
Investment property 4 405,192 -
405,192 -
Current assets
Debtors 1,028 -
Cash at bank and in hand 854 1,923
1,882 1,923
Creditors: amounts falling due within one
year
(115,957) (1,890)
Net current (liabilities)/assets (114,075) 33
Total assets less current liabilities 291,117 33
Creditors: Amounts falling due after more
than one year
5 (287,629) -
NET ASSETS 3,488 33
Capital and reserves
Called up share capital 100 100
Profit and loss account 3,388 (67)
TOTAL EQUITY 3,488 33
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 13949591
Mcm Property Investments Limited
Balance sheet - continued
as at 31 March 2024
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr K Panaretou, Director
31 March 2025
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Mcm Property Investments Limited
Notes to the financial statements
for the year ended 31 March 2024
1 Company information
Mcm Property Investments Limited is a private company registered in England and Wales. Its registered number is 13949591. The company is limited by shares. Its registered office is 79 Lancaster Avenue, Barnet, EN4 0ES.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
3 Average number of employees
During the year the average number of employees was Nil (2023 - Nil).
4 Investment property
£
Valuation
Additions 405,192
At 31 March 2024 405,192
3
Mcm Property Investments Limited
Notes to the financial statements - continued
for the year ended 31 March 2024
5 Creditors: amounts falling due after more than five years
2024 2023
£ £
Repayable otherwise than by instalments
Bank loans 287,629 -
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