REGISTERED NUMBER: SC812116 (Scotland)

Unaudited Financial Statements

for the Period 30 May 2024 to 31 May 2025

for

MC2 PROPERTY ABERDEEN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M R Clarke

Mrs M Clarke

REGISTERED OFFICE:

1st Floor, 5 Abercrombie Court

Arnhall Business Park

Prospect Road

Wessthill

Aberdeenshire

AB32 6FE

REGISTERED NUMBER:

SC812116 (Scotland)

ACCOUNTANTS:

Fyfe Moir & Associates

1st Floor, 5 Abercrombie Crt

Prospect Road,

Westhill

Aberdeenshire

Grampian

AB32 6FE

FIXED ASSETS

Tangible assets

3

158,289

CURRENT ASSETS

Debtors

4

267

Cash at bank

7,451

7,718

CREDITORS

Amounts falling due within one year

5

70,099

NET CURRENT LIABILITIES

(62,381

)

TOTAL ASSETS LESS CURRENT LIABILITIES

95,908

CREDITORS

Amounts falling due after more than one year

6

101,605

NET LIABILITIES

(5,697

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(5,797

)

SHAREHOLDERS' FUNDS

(5,697

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2025 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.

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 17 September 2025 and were signed on its behalf by:

M R Clarke - Director

Mrs M Clarke - Director

1.	STATUTORY INFORMATION

MC2 Property Aberdeen Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Going concern

Although technically insolvent the company is being supported by the company directors.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Taxation

Taxation for the period 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 period 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.

3.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

and

property

property

fittings

Totals

£

£

£

£

COST

Additions

145,384

11,169

1,877

158,430

At 31 May 2025

145,384

11,169

1,877

158,430

DEPRECIATION

Charge for period

-

-

141

141

At 31 May 2025

-

-

141

141

NET BOOK VALUE

At 31 May 2025

145,384

11,169

1,736

158,289

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Prepayments and accrued income

267

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Directors' current accounts

68,900

Accrued expenses

1,199

70,099

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans - 2-5 years

63,750

Other creditors

37,855

101,605