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REGISTERED NUMBER: 10937505 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

M10c Ltd

M10c Ltd (Registered number: 10937505)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M10c Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: J Isaac
Mrs V Isaac





REGISTERED OFFICE: 3rd Floor
86-90 Paul Street
London
EC2A 4NE





REGISTERED NUMBER: 10937505 (England and Wales)





ACCOUNTANTS: Shield Accountancy Services Ltd
Unit 2 Hillside Farm
Hillside Lane
Great Amwell
Ware
Hertfordshire
SG12 9SH

M10c Ltd (Registered number: 10937505)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 11,512 7,686

CURRENT ASSETS
Debtors 5 163,733 38,547
Investments 6 74,000 80,000
Cash at bank 11,503 217,148
249,236 335,695
CREDITORS
Amounts falling due within one year 7 116,639 141,663
NET CURRENT ASSETS 132,597 194,032
TOTAL ASSETS LESS CURRENT
LIABILITIES

144,109

201,718

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 144,009 201,618
144,109 201,718

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

M10c Ltd (Registered number: 10937505)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2025 and were signed on its behalf by:




J Isaac - Director



Mrs V Isaac - Director


M10c Ltd (Registered number: 10937505)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

M10c 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

M10c Ltd (Registered number: 10937505)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - NIL ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 17,035
Additions 7,657
At 31 August 2024 24,692
DEPRECIATION
At 1 September 2023 9,349
Charge for year 3,831
At 31 August 2024 13,180
NET BOOK VALUE
At 31 August 2024 11,512
At 31 August 2023 7,686

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 14,834 33,086
Other debtors 148,899 5,461
163,733 38,547

6. CURRENT ASSET INVESTMENTS
31.8.24 31.8.23
£    £   
JVI Property Limited 74,000 80,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors - 2,560
Taxation and social security 115,676 131,781
Other creditors 963 7,322
116,639 141,663

M10c Ltd (Registered number: 10937505)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
J Isaac
Balance outstanding at start of year - -
Amounts advanced 102,057 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 102,057 -

Mrs V Isaac
Balance outstanding at start of year - -
Amounts advanced 40,931 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 40,931 -