MCL (NW) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 12732650

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,302,787		858,888
Investments	5		11,099,420		9,476,265

			12,402,207		10,335,153
CURRENT ASSETS
Debtors	6	1,708,740		1,708,240
Cash at bank and in hand		189,694		386,957

		1,898,434		2,095,197
Creditors: Amounts Falling Due Within One Year	7	(1,139,170 )		(330,992 )

NET CURRENT ASSETS (LIABILITIES)			759,264		1,764,205

TOTAL ASSETS LESS CURRENT LIABILITIES			13,161,471		12,099,358

PROVISIONS FOR LIABILITIES
Deferred Taxation			(413,238 )		(112,019 )

NET ASSETS			12,748,233		11,987,339

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			12,748,133		11,987,239

SHAREHOLDERS' FUNDS			12,748,233		11,987,339

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MCL (NW) Limited

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr John McGeachie Director	Mr Lloyd Green Director
28 November 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

MCL (NW) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12732650 . The registered office is Oswaldtwistle Mills Business Centre, Clifton Mill, Pickup Street, Accrington, BB5 0EY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Significant judgements and estimations

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There are no key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

not depreciated

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MCL (NW) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

3Average number of employees, including directors, during the year was: 3 (2024: )

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 October 2024	858,888
Additions	443,899

As at 30 September 2025	1,302,787

Net Book Value
As at 30 September 2025	1,302,787

As at 1 October 2024	858,888

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MCL (NW) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

5. Investments

	Subsidiaries	Listed	Total
	£	£	£
Cost or Valuation
As at 1 October 2024	10	9,476,255	9,476,265
Additions	-	2,761,502	2,761,502
Disposals	(10 )	(2,035,445 )	(2,035,455 )
Fair value adjustments	-	897,108	897,108

As at 30 September 2025	-	11,099,420	11,099,420

Provision
As at 1 October 2024	-	-	-

As at 30 September 2025	-	-	-

Net Book Value
As at 30 September 2025	-	11,099,420	11,099,420

As at 1 October 2024	10	9,476,255	9,476,265

The company owned the whole of the issued share capital of Marlie (Civils) Limited up to 28 August 2025 when it was transferred to GRMC Holdings Limited as part of a group restructuring. The accounts of Marlie (Civils) Limited for the year ended 30 September 2025 show:

2025 2024

£ £

Aggregate capital and reserves 2,954,349 3,068,534

Profit for the year 236,188 588,740

The company acquired the whole of the issued share capictal of McGreen Developments Limited on 11 August 2025. The shares were nil paid at the year end.

Under the provision of section 398 of the Companies Act2006 the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts shoe information about the company as an individual entity.

The listed investments are investments quoted on a stock market. The historical cost of the investments is £ 9,294,639 (2024 - £ 8,568,582).

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	1,708,740	1,708,240

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MCL (NW) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Amounts owed to group undertakings	1,029,170	220,992
Other creditors	110,000	110,000

	1,139,170	330,992

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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