2025-01-01 2025-12-31 2025-12-31 false 03620909 MC2 London Ltd 2026-03-23 01500 false iso4217:GBP xbrli:pure 03620909 2024-12-31 03620909 2025-12-31 03620909 2025-01-01 2025-12-31 03620909 2023-12-31 03620909 2024-12-31 03620909 2024-01-01 2024-12-31 03620909 bus:SmallEntities 2025-01-01 2025-12-31 03620909 bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 03620909 bus:FullAccounts 2025-01-01 2025-12-31 03620909 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 03620909 core:WithinOneYear 2025-12-31 03620909 core:AfterOneYear 2025-12-31 03620909 core:WithinOneYear 2024-12-31 03620909 core:AfterOneYear 2024-12-31 03620909 core:ShareCapital 2025-12-31 03620909 core:SharePremium 2025-12-31 03620909 core:RevaluationReserve 2025-12-31 03620909 core:OtherReservesSubtotal 2025-12-31 03620909 core:RetainedEarningsAccumulatedLosses 2025-12-31 03620909 core:ShareCapital 2024-12-31 03620909 core:SharePremium 2024-12-31 03620909 core:RevaluationReserve 2024-12-31 03620909 core:OtherReservesSubtotal 2024-12-31 03620909 core:RetainedEarningsAccumulatedLosses 2024-12-31 03620909 core:LandBuildings 2025-12-31 03620909 core:PlantMachinery 2025-12-31 03620909 core:Vehicles 2025-12-31 03620909 core:FurnitureFittings 2025-12-31 03620909 core:OfficeEquipment 2025-12-31 03620909 core:NetGoodwill 2025-12-31 03620909 core:IntangibleAssetsOtherThanGoodwill 2025-12-31 03620909 core:ListedExchangeTraded 2025-12-31 03620909 core:UnlistedNon-exchangeTraded 2025-12-31 03620909 core:LandBuildings 2024-12-31 03620909 core:PlantMachinery 2024-12-31 03620909 core:Vehicles 2024-12-31 03620909 core:FurnitureFittings 2024-12-31 03620909 core:OfficeEquipment 2024-12-31 03620909 core:NetGoodwill 2024-12-31 03620909 core:IntangibleAssetsOtherThanGoodwill 2024-12-31 03620909 core:ListedExchangeTraded 2024-12-31 03620909 core:UnlistedNon-exchangeTraded 2024-12-31 03620909 core:LandBuildings 2025-01-01 2025-12-31 03620909 core:PlantMachinery 2025-01-01 2025-12-31 03620909 core:Vehicles 2025-01-01 2025-12-31 03620909 core:FurnitureFittings 2025-01-01 2025-12-31 03620909 core:OfficeEquipment 2025-01-01 2025-12-31 03620909 core:NetGoodwill 2025-01-01 2025-12-31 03620909 core:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 03620909 core:ListedExchangeTraded 2025-01-01 2025-12-31 03620909 core:UnlistedNon-exchangeTraded 2025-01-01 2025-12-31 03620909 core:MoreThanFiveYears 2025-01-01 2025-12-31 03620909 core:Non-currentFinancialInstruments 2025-12-31 03620909 core:Non-currentFinancialInstruments 2024-12-31 03620909 dpl:CostSales 2025-01-01 2025-12-31 03620909 dpl:DistributionCosts 2025-01-01 2025-12-31 03620909 core:LandBuildings 2025-01-01 2025-12-31 03620909 core:PlantMachinery 2025-01-01 2025-12-31 03620909 core:Vehicles 2025-01-01 2025-12-31 03620909 core:FurnitureFittings 2025-01-01 2025-12-31 03620909 core:OfficeEquipment 2025-01-01 2025-12-31 03620909 dpl:AdministrativeExpenses 2025-01-01 2025-12-31 03620909 core:NetGoodwill 2025-01-01 2025-12-31 03620909 core:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 03620909 dpl:GroupUndertakings 2025-01-01 2025-12-31 03620909 dpl:ParticipatingInterests 2025-01-01 2025-12-31 03620909 dpl:GroupUndertakings core:ListedExchangeTraded 2025-01-01 2025-12-31 03620909 core:ListedExchangeTraded 2025-01-01 2025-12-31 03620909 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2025-01-01 2025-12-31 03620909 core:UnlistedNon-exchangeTraded 2025-01-01 2025-12-31 03620909 dpl:CostSales 2024-01-01 2024-12-31 03620909 dpl:DistributionCosts 2024-01-01 2024-12-31 03620909 core:LandBuildings 2024-01-01 2024-12-31 03620909 core:PlantMachinery 2024-01-01 2024-12-31 03620909 core:Vehicles 2024-01-01 2024-12-31 03620909 core:FurnitureFittings 2024-01-01 2024-12-31 03620909 core:OfficeEquipment 2024-01-01 2024-12-31 03620909 dpl:AdministrativeExpenses 2024-01-01 2024-12-31 03620909 core:NetGoodwill 2024-01-01 2024-12-31 03620909 core:IntangibleAssetsOtherThanGoodwill 2024-01-01 2024-12-31 03620909 dpl:GroupUndertakings 2024-01-01 2024-12-31 03620909 dpl:ParticipatingInterests 2024-01-01 2024-12-31 03620909 dpl:GroupUndertakings core:ListedExchangeTraded 2024-01-01 2024-12-31 03620909 core:ListedExchangeTraded 2024-01-01 2024-12-31 03620909 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-01-01 2024-12-31 03620909 core:UnlistedNon-exchangeTraded 2024-01-01 2024-12-31 03620909 core:NetGoodwill 2025-12-31 03620909 core:IntangibleAssetsOtherThanGoodwill 2025-12-31 03620909 core:LandBuildings 2025-12-31 03620909 core:PlantMachinery 2025-12-31 03620909 core:Vehicles 2025-12-31 03620909 core:FurnitureFittings 2025-12-31 03620909 core:OfficeEquipment 2025-12-31 03620909 core:AfterOneYear 2025-12-31 03620909 core:WithinOneYear 2025-12-31 03620909 core:ListedExchangeTraded 2025-12-31 03620909 core:UnlistedNon-exchangeTraded 2025-12-31 03620909 core:ShareCapital 2025-12-31 03620909 core:SharePremium 2025-12-31 03620909 core:RevaluationReserve 2025-12-31 03620909 core:OtherReservesSubtotal 2025-12-31 03620909 core:RetainedEarningsAccumulatedLosses 2025-12-31 03620909 core:NetGoodwill 2024-12-31 03620909 core:IntangibleAssetsOtherThanGoodwill 2024-12-31 03620909 core:LandBuildings 2024-12-31 03620909 core:PlantMachinery 2024-12-31 03620909 core:Vehicles 2024-12-31 03620909 core:FurnitureFittings 2024-12-31 03620909 core:OfficeEquipment 2024-12-31 03620909 core:AfterOneYear 2024-12-31 03620909 core:WithinOneYear 2024-12-31 03620909 core:ListedExchangeTraded 2024-12-31 03620909 core:UnlistedNon-exchangeTraded 2024-12-31 03620909 core:ShareCapital 2024-12-31 03620909 core:SharePremium 2024-12-31 03620909 core:RevaluationReserve 2024-12-31 03620909 core:OtherReservesSubtotal 2024-12-31 03620909 core:RetainedEarningsAccumulatedLosses 2024-12-31 03620909 core:NetGoodwill 2023-12-31 03620909 core:IntangibleAssetsOtherThanGoodwill 2023-12-31 03620909 core:LandBuildings 2023-12-31 03620909 core:PlantMachinery 2023-12-31 03620909 core:Vehicles 2023-12-31 03620909 core:FurnitureFittings 2023-12-31 03620909 core:OfficeEquipment 2023-12-31 03620909 core:AfterOneYear 2023-12-31 03620909 core:WithinOneYear 2023-12-31 03620909 core:ListedExchangeTraded 2023-12-31 03620909 core:UnlistedNon-exchangeTraded 2023-12-31 03620909 core:ShareCapital 2023-12-31 03620909 core:SharePremium 2023-12-31 03620909 core:RevaluationReserve 2023-12-31 03620909 core:OtherReservesSubtotal 2023-12-31 03620909 core:RetainedEarningsAccumulatedLosses 2023-12-31 03620909 core:AfterOneYear 2025-01-01 2025-12-31 03620909 core:WithinOneYear 2025-01-01 2025-12-31 03620909 core:Non-currentFinancialInstruments core:CostValuation 2025-01-01 2025-12-31 03620909 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2025-01-01 2025-12-31 03620909 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2025-01-01 2025-12-31 03620909 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2025-01-01 2025-12-31 03620909 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-01-01 2025-12-31 03620909 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-01-01 2025-12-31 03620909 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-01-01 2025-12-31 03620909 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-01-01 2025-12-31 03620909 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-01-01 2025-12-31 03620909 core:Non-currentFinancialInstruments core:CostValuation 2025-12-31 03620909 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2025-12-31 03620909 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2025-12-31 03620909 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2025-12-31 03620909 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-12-31 03620909 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-12-31 03620909 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-12-31 03620909 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-12-31 03620909 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-12-31 03620909 core:Non-currentFinancialInstruments core:CostValuation 2024-12-31 03620909 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-12-31 03620909 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-12-31 03620909 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-12-31 03620909 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-12-31 03620909 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-12-31 03620909 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-12-31 03620909 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-12-31 03620909 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-12-31 03620909 bus:Director1 2025-01-01 2025-12-31 03620909 bus:Director2 2025-01-01 2025-12-31 03620909 core:FurnitureFittingsToolsEquipment 2024-12-31 03620909 core:FurnitureFittingsToolsEquipment 2025-01-01 2025-12-31 03620909 core:FurnitureFittingsToolsEquipment 2025-12-31

MC2 London Ltd

Registered Number
03620909
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2025

MC2 London Ltd
Company Information
for the year from 1 January 2025 to 31 December 2025

Directors | D Chennells
| M G Chennells

Company Secretary | R M Atkinson

Registered Address | Parkhill House
| Eagle
| Lincoln
| LN6 9FT

Registered Number | 03620909 (England and Wales)

MC2 London Ltd
Balance Sheet as at
31 December 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Tangible assets | 3 |  |  | 5,410,973 |  |  |  | 5,368,867
Investments | 5 |  |  | 1 |  |  |  | 1
Investment property | 4 |  |  | 2,162,085 |  |  |  | 2,162,085
|  |  |  | 7,573,059 |  |  |  | 7,530,953
Current assets |  |  |  |  |  |  |  |
Debtors | 6 | 8,305 |  |  |  | 7,705 |  |
Current asset investments |  | 286,565 |  |  |  | 347,343 |  |
Cash at bank and on hand |  | 356 |  |  |  | 13,297 |  |
|  | 295,226 |  |  |  | 368,345 |  |
Creditors amounts falling due within one year | 7 | (125,375) |  |  |  | (41,698) |  |
Net current assets (liabilities) |  |  |  | 169,851 |  |  |  | 326,647
Total assets less current liabilities |  |  |  | 7,742,910 |  |  |  | 7,857,600
Creditors amounts falling due after one year | 8 |  |  | (3,049,422) |  |  |  | (3,202,688)
Provisions for liabilities | 9 |  |  | (1,151,229) |  |  |  | (1,152,945)
Net assets |  |  |  | 3,542,259 |  |  |  | 3,501,967
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 100 |  |  |  | 100
Revaluation reserve |  |  |  | 3,304,374 |  |  |  | 3,304,374
Profit and loss account |  |  |  | 237,785 |  |  |  | 197,493
Shareholders' funds |  |  |  | 3,542,259 |  |  |  | 3,501,967

- The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 23 March 2026, and are signed on its behalf by:
M G Chennells Director Registered Company No. 03620909

MC2 London Ltd
Notes to the Financial Statements
for the year ended 31 December 2025

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Statement of compliance
--- | ---
| The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

| Revenue from sale of goods
--- | ---
| Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

| Foreign currency translation
--- | ---
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

| Deferred tax
--- | ---
| 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.

| Intangible assets
--- | ---
| Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

| Tangible fixed assets and depreciation
--- | ---
| All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

|  | Reducing balance (%) |  | Straight line (years)
| Land and buildings | - |  | 25
| Plant and machinery | 25 |  | -
| Fixtures and fittings | 25 |  | -
| Vehicles | 25 |  | -
| Office Equipment | 25 |  | -

| Investments
--- | ---
| Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

| Investment property
--- | ---
| The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss.

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 0 |  | 0

3. | Tangible fixed assets
--- | ---

|  | Land & buildings |  | Plant & machinery |  | Fixtures & fittings |  | Office Equipment |  | Total
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £ |  | £
| Cost or valuation
| At 01 January 25 | 5,353,237 |  | 118,448 |  | 88,007 |  | 6,195 |  | 5,565,887
| Additions | 52,803 |  | 1,262 |  | - |  | - |  | 54,065
| At 31 December 25 | 5,406,040 |  | 119,710 |  | 88,007 |  | 6,195 |  | 5,619,952
| Depreciation and impairment
| At 01 January 25 | 26,373 |  | 95,757 |  | 70,019 |  | 4,871 |  | 197,020
| Charge for year | 1,145 |  | 5,987 |  | 4,495 |  | 332 |  | 11,959
| At 31 December 25 | 27,518 |  | 101,744 |  | 74,514 |  | 5,203 |  | 208,979
| Net book value
| At 31 December 25 | 5,378,522 |  | 17,966 |  | 13,493 |  | 992 |  | 5,410,973
| At 31 December 24 | 5,326,864 |  | 22,691 |  | 17,988 |  | 1,324 |  | 5,368,867

4. | Investment property
--- | ---
| The director has reviewed the valuation of the investment properties and has confirmed that the value in the accounts reflects the fair value of the properties.

|  | £
| Fair value at 01 January 25 | 2,162,085
| At 31 December 25 | 2,162,085

5. | Fixed asset investments
--- | ---

|  | Investments in groups1 |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 January 25 | 1 |  | 1
| At 31 December 25 | 1 |  | 1
| Net book value
| At 31 December 25 | 1 |  | 1
| At 31 December 24 | 1 |  | 1

| Notes
--- | ---
| 1Investments in group undertakings and participating interests

6. | Debtors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Other debtors | 4,090 |  | 3,682
| Prepayments and accrued income | 4,215 |  | 4,023
| Total | 8,305 |  | 7,705

7. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 12,702 |  | 10,665
| Bank borrowings and overdrafts | 104,752 |  | 25,531
| Taxation and social security | 4,362 |  | 1,890
| Accrued liabilities and deferred income | 3,559 |  | 3,612
| Total | 125,375 |  | 41,698

| The bank borrowings are secured creditors.

8. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 954,850 |  | 1,022,291
| Amounts owed to related parties | - |  | 12,648
| Other creditors | 2,094,572 |  | 2,167,749
| Total | 3,049,422 |  | 3,202,688

| The bank borrowings are secured creditors.

9. | Provisions for liabilities
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Net deferred tax liability (asset) | 1,151,229 |  | 1,152,945
| Total | 1,151,229 |  | 1,152,945

10. | Related party transactions
--- | ---
| A loan exists between this company and its subsidiary. At the year end the balance due to MC2 Trading Ltd was £nil (2024 - £12,648).