Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-30truetrue2023-10-01falseconstruction of commercial and domestic buildings and property developers22The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10988817 2023-10-01 2024-09-30 10988817 2022-10-01 2023-09-30 10988817 2024-09-30 10988817 2023-09-30 10988817 c:Director1 2023-10-01 2024-09-30 10988817 c:Director2 2023-10-01 2024-09-30 10988817 d:CurrentFinancialInstruments 2024-09-30 10988817 d:CurrentFinancialInstruments 2023-09-30 10988817 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 10988817 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 10988817 d:ShareCapital 2024-09-30 10988817 d:ShareCapital 2023-09-30 10988817 d:RetainedEarningsAccumulatedLosses 2024-09-30 10988817 d:RetainedEarningsAccumulatedLosses 2023-09-30 10988817 c:OrdinaryShareClass1 2023-10-01 2024-09-30 10988817 c:OrdinaryShareClass1 2024-09-30 10988817 c:OrdinaryShareClass1 2023-09-30 10988817 c:FRS102 2023-10-01 2024-09-30 10988817 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10988817 c:FullAccounts 2023-10-01 2024-09-30 10988817 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10988817 2 2023-10-01 2024-09-30 10988817 6 2023-10-01 2024-09-30 10988817 e:PoundSterling 2023-10-01 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10988817









MCO MARYLEBONE (FOUR) LIMITED








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
MCO MARYLEBONE (FOUR) LIMITED
REGISTERED NUMBER: 10988817

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
-
5,612,303

Current assets
  

Debtors: amounts falling due within one year
 5 
186,247
191,632

Cash at bank and in hand
 6 
2,193
177

  
188,440
191,809

Creditors: amounts falling due within one year
 7 
(193,220)
(5,807,312)

Net current liabilities
  
 
 
(4,780)
 
 
(5,615,503)

  

Net liabilities
  
(4,780)
(3,200)


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
(4,880)
(3,300)

  
(4,780)
(3,200)


Page 1

 
MCO MARYLEBONE (FOUR) LIMITED
REGISTERED NUMBER: 10988817
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 June 2025.






A D Bratt
S C Miller
Director
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
MCO MARYLEBONE (FOUR) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

MCO Marylebone (Four) Limited is a private company limited by shares, incorporated in England, United Kingdom. The address of the registered office is Suite D, The Business Centre, Faringdon Avenue, Romford, Essex, RM3 8EN. The principal business activity is that of construction of commercial and domestic buildings and property developers.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the company has transferred the significant risks and rewards of ownership to the buyer;
the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
MCO MARYLEBONE (FOUR) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Impairment of fixed assets and goodwill

Assets that are subject to depreciation or amortisation are assessed at each balance sheet date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each balance sheet date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's Balance sheet when the company becomes party to the contractual provisions of the instrument.

Page 4

 
MCO MARYLEBONE (FOUR) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 -2).


4.


Fixed asset investments





Investments in subsidiary companies

£





At 1 October 2023
5,612,303


Amounts written off
(5,612,303)



At 30 September 2024
-





5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
185,632
-

Other debtors
615
191,632

Total
186,247
191,632



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
2,193
177


Page 5

 
MCO MARYLEBONE (FOUR) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
66,180

Other taxation and social security
1,661
-

Other creditors
187,102
5,728,646

Accruals and deferred income
4,457
12,486

193,220
5,807,312


Page 6

 
MCO MARYLEBONE (FOUR) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 -100) Ordinary shares of £1 each
100
100



9.


Related party transactions


2024
2023
£
£

Amount due to connected company
-
55,150
Amount due to subsidiary companies
-
5,728,646
Amount due from connected companies
451
53,469
Amount due from subsidary companies
185,632
-



 
Page 7