Company registration number 15352262 (England and Wales)
MIKE CLAY PROPERTIES LIMITED
FORMERLY KNOWN AS MGC MOTOR COMPANY HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
MIKE CLAY PROPERTIES LIMITED
FORMERLY KNOWN AS MGC MOTOR COMPANY HOLDINGS LIMITED
COMPANY INFORMATION
Director
M G Clay
(Appointed 14 December 2023)
Company number
15352262
Registered office
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG
Accountants
Ashgates Corporate Services Limited
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG
MIKE CLAY PROPERTIES LIMITED
FORMERLY KNOWN AS MGC MOTOR COMPANY HOLDINGS LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
MIKE CLAY PROPERTIES LIMITED
FORMERLY KNOWN AS MGC MOTOR COMPANY HOLDINGS LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MIKE CLAY PROPERTIES LIMITED FOR THE PERIOD ENDED 31 MAY 2025
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mike Clay Properties Limited for the period ended 31 May 2025, which comprise from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Mike Clay Properties Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Mike Clay Properties Limited and state those matters that we have agreed to state to the board of directors of Mike Clay Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mike Clay Properties Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Mike Clay Properties Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Mike Clay Properties Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of Mike Clay Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Ashgates Corporate Services Limited
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG
22 August 2025
MIKE CLAY PROPERTIES LIMITED
FORMERLY KNOWN AS MGC MOTOR COMPANY HOLDINGS LIMITED
BALANCE SHEET
- 2 -
2025
£
£
Prepayments and accrued income
30,078
Creditors: amounts falling due within one year
(30,077)
Net current assets
1
Net assets
1
Capital and reserves
1
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
At the balance sheet date the amounts owed to directors amounted to £386. The loans are provided interest free and are repayable on demand.
2
Employees
The average number of persons, including directors, employed by the company during the period was as follows:
2025
Number
Employees
1
Mike Clay Properties Limited is a private company limited by shares incorporated in England and Wales.
For the period ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
MIKE CLAY PROPERTIES LIMITED
FORMERLY KNOWN AS MGC MOTOR COMPANY HOLDINGS LIMITED
BALANCE SHEET (CONTINUED)
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 22 August 2025
M G Clay
Director
Company registration number 15352262 (England and Wales)