REGISTERED NUMBER: 11372719 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Mcm Real Estate Ventures Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Christopher James Mole

Mrs Monique Angenieta Van Wezel-Mole

REGISTERED OFFICE:

01 Meadlake Place

Thorpe Lea Road

Egham

Surrey

TW20 8HE

REGISTERED NUMBER:

11372719 (England and Wales)

FIXED ASSETS

Investment property

4

640,000

745,000

CURRENT ASSETS

Debtors

5

100

-

Cash at bank and in hand

1,746

96,043

1,846

96,043

CREDITORS

Amounts falling due within one year

6

1,428,997

1,414,678

NET CURRENT LIABILITIES

(1,427,151

)

(1,318,635

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(787,151

)

(573,635

)

CREDITORS

Amounts falling due after more than one year

7

69,000

118,000

NET LIABILITIES

(856,151

)

(691,635

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

(856,251

)

(691,735

)

SHAREHOLDERS' FUNDS

(856,151

)

(691,635

)

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

The members have not required the company to obtain an audit of its financial statements for the year 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 28 May 2026 and were signed on its behalf by:

Mr Christopher James Mole - Director

Mrs Monique Angenieta Van Wezel-Mole - Director

1.	STATUTORY INFORMATION

Mcm Real Estate Ventures 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 as modified by the revaluation of certain assets.

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 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

The company has net liabilities of £856,151. The accounts have been prepared on going concern basis as the directors have confirmed that they will continue to provide financial support to the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

745,000

Impairments

(105,000

)

At 31 May 2025

640,000

NET BOOK VALUE

At 31 May 2025

640,000

At 31 May 2024

745,000

Fair value at 31 May 2025 is represented by:

£

Valuation in 2023

(70,000

)

Valuation in 2024

(185,000

)

Valuation in 2025

(105,100

)

Cost

1,000,100

640,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Other debtors

100

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade creditors

83,904

68,566

Amounts owed to participating interests

23,900

23,800

Taxation and social security

3,671

3,410

Other creditors

1,317,522

1,318,902

1,428,997

1,414,678

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

69,000

118,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.25

31.5.24

£

£

Bank loans

69,000

118,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

100

Ordinary

£1

100

100

10.	RELATED PARTY DISCLOSURES

The company owes £828,823 (2024: £828,823) to its director, Mrs Monique Angenieta Van Wezel-Mole as at accounting year end date.

The company owes £487,379 (2024: £487,379) to its director, Mr Christopher James Mole as at accounting year end date.

The company owes £23,900 (2024: £23,800) to MCM Real Estate Ltd, a company registered in United Kingdom (Company registered number: 11373127) as at accounting year end date. Mr Christopher James and Mrs Monique Angenieta Van Wezel-Mole are also directors of this company.

The company also owes £83,904 (€98,000) to MCM Holdings B.V which is also a 100% holding company. The amount owed is in relation to management fees invoices raised by MCM Holdings B.V. During the year, the company has incurred a management charge of £35,938 (€42,000) from MCM Holdings B.V.