Company Registration No. 09149342 (England and Wales)
Mclean Corporation Limited
Unaudited accounts
for the year ended 31 July 2025
Mclean Corporation Limited
Unaudited accounts
Contents
Mclean Corporation Limited
Company Information
for the year ended 31 July 2025
Directors
Jonathon Oliver James Mclean
Elisabeth Aina Linnea Mclean
Company Number
09149342 (England and Wales)
Registered Office
167-169 Great Portland Street
5th Floor
London
W1W 5PF
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
Mclean Corporation Limited
Statement of financial position
as at 31 July 2025
Cash at bank and in hand
6,494
135
Creditors: amounts falling due within one year
49,778
(38,186)
Net current assets
70,122
162,159
Total assets less current liabilities
71,047
162,159
Creditors: amounts falling due after more than one year
(27,331)
(306,607)
Net assets/(liabilities)
43,716
(144,448)
Called up share capital
100
100
Profit and loss account
43,616
(144,548)
Shareholders' funds
43,716
(144,448)
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2025 and were signed on its behalf by
Jonathon Oliver James Mclean
Director
Company Registration No. 09149342
Mclean Corporation Limited
Notes to the Accounts
for the year ended 31 July 2025
Mclean Corporation Limited is a private company, limited by shares, registered in England and Wales, registration number 09149342. The registered office is 167-169 Great Portland Street, 5th Floor, London, W1W 5PF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Straight Line - 33%
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
13,486
13,288
Amounts due from group undertakings etc.
-
186,481
Mclean Corporation Limited
Notes to the Accounts
for the year ended 31 July 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
1,809
19,019
Amounts owed to group undertakings and other participating interests
1,357
1,357
Taxes and social security
-
119
Other creditors
3,605
16,075
Loans from directors
(60,919)
591
7
Creditors: amounts falling due after more than one year
2025
2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Jonathon Oliver James Mclean
Director Loan Account
591
161,888
223,398
(60,919)
591
161,888
223,398
(60,919)
Overdrawn Director Loan Account to be repaid within 9 months of Year End - No Section 455 Tax Implications.
9
Transactions with related parties
Balances due to related parties:
Mclean Heritage Holdings Limited - £1,357
Inter-company Loan Adjustments:
During the year, the company had a loan payable of £388,427 to Nelson and Palmer Limited, a connected company, due to being under common control through indirect ownership. This loan was waived in full by Nelson and Palmer Limited during the year. The waiver has been recognised as income in the profit and loss account. At the year end, there were no outstanding balances with Nelson and Palmer Limited.
During the year, the company waived an intercompany loan of £106,253 due from MHH 1004 Limited, a connected company, due to being under common control through indirect ownership. The waiver has been recognised as an expense in the profit and loss account. At the year end, there were no balances outstanding with MHH 1004 Limited.
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Average number of employees
During the year the average number of employees was 1 (2024: 2).