Registered number
04776101
MCCP Limited
Unaudited Filleted Accounts
30 September 2024
MCCP Limited
Registered number: 04776101
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 22,791 8,245
Current assets
Debtors 4 22,296 11,608
Cash at bank and in hand 100,355 88,012
122,651 99,620
Creditors: amounts falling due within one year 5 (37,586) (27,979)
Net current assets 85,065 71,641
Total assets less current liabilities 107,856 79,886
Provisions for liabilities (4,165) (1,364)
Net assets 103,691 78,522
Capital and reserves
Called up share capital 2 2
Capital redemption reserve 2 2
Profit and loss account 103,687 78,518
Shareholder's funds 103,691 78,522
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M B Morrall
Director
Approved by the board on 10 June 2025
MCCP Limited
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery reducing balance at 25%
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery
£
Cost
At 1 October 2023 34,864
Additions 16,806
At 30 September 2024 51,670
Depreciation
At 1 October 2023 26,619
Charge for the year 2,260
At 30 September 2024 28,879
Net book value
At 30 September 2024 22,791
At 30 September 2023 8,245
4 Debtors 2024 2023
£ £
Trade debtors 9,594 11,608
Other debtors 12,702 -
22,296 11,608
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 10,571 18,571
Corporation tax 4,448 3,958
Other taxes and social security costs 3,265 1,829
Other creditors 19,302 3,621
37,586 27,979
6 Controlling party
The company is controlled by M B Morrall by virtue of his shareholding
7 Other information
MCCP Limited is a private company limited by shares and incorporated in England. Its registered office is:
63 Winchester Street
Botley
Hampshire
SO30 2EB
MCCP Limited 04776101 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts April 2025 M B Morrall No description of principal activity 04776101 2022-10-01 2023-09-30 04776101 core:WithinOneYear 2023-09-30 04776101 core:ShareCapital 2023-09-30 04776101 core:RetainedEarningsAccumulatedLosses 2023-09-30 04776101 2023-10-01 2024-09-30 04776101 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04776101 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 04776101 bus:Director40 2023-10-01 2024-09-30 04776101 1 2023-10-01 2024-09-30 04776101 2 2023-10-01 2024-09-30 04776101 core:PlantMachinery 2023-10-01 2024-09-30 04776101 countries:England 2023-10-01 2024-09-30 04776101 bus:FRS102 2023-10-01 2024-09-30 04776101 bus:FilletedAccounts 2023-10-01 2024-09-30 04776101 2024-09-30 04776101 core:WithinOneYear 2024-09-30 04776101 core:ShareCapital 2024-09-30 04776101 core:RetainedEarningsAccumulatedLosses 2024-09-30 04776101 core:PlantMachinery 2024-09-30 04776101 2023-09-30 04776101 core:PlantMachinery 2023-09-30 iso4217:GBP xbrli:pure