REGISTERED NUMBER: 14721946 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

MCP Properties (Bristol) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Pearce

SECRETARY:

REGISTERED OFFICE:

Woodlands

Bridge Road

Leigh Woods

Bristol

BS8 3PB

REGISTERED NUMBER:

14721946 (England and Wales)

ACCOUNTANTS:

M R Dury and Co Ltd

51 Peaslands Road

Sidmouth

Devon

EX10 9BE

FIXED ASSETS

Investment property

4

563,242

563,242

CURRENT ASSETS

Debtors

5

-

58,920

Cash at bank

80,367

14,938

80,367

73,858

CREDITORS

Amounts falling due within one year

6

680,530

705,902

NET CURRENT LIABILITIES

(600,163

)

(632,044

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(36,921

)

(68,802

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(37,021

)

(68,902

)

SHAREHOLDERS' FUNDS

(36,921

)

(68,802

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 December 2025 and were signed by:

M Pearce - Director

1.	STATUTORY INFORMATION

MCP Properties (Bristol) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

563,242

NET BOOK VALUE

At 31 March 2025

563,242

At 31 March 2024

563,242

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

58,920

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

39

121

Amounts owed to associates

674,352

704,231

Other creditors

6,139

1,550

680,530

705,902

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 March 2025 and the period ended 31 March 2024:

2025

2024

£

£

M Pearce

Balance outstanding at start of year

58,920

-

Amounts advanced

-

58,920

Amounts repaid

(58,920

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

58,920

Interest is charged on overdrawn directors loan balances at a rate of 2.4% per annum. Interest charged in the accounts for the period ended 31 March 2024 was £1,380. The overdrawn loan balance at 31 March 2024 was repaid to the company within 9 months.

8.	RELATED PARTY DISCLOSURES

During the year the company received a loan from MarthaJackson Ltd, a company under the common control of M Pearce (sole director and shareholder of MCP PRoperties (Bristol) Ltd). A balance of £674,352 (2024 - £704,231) was outstanding at the year end date and is included within creditors due within 1 year. Interest was not charged on this loan.