REGISTERED NUMBER: 11373127 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Mcm Real Estate Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Investment property

4

3,390,000

3,500,000

CURRENT ASSETS

Debtors

5

24,803

26,322

Cash at bank and in hand

20,086

20,744

44,889

47,066

CREDITORS

Amounts falling due within one year

6

537,023

402,116

NET CURRENT LIABILITIES

(492,134

)

(355,050

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,897,866

3,144,950

CREDITORS

Amounts falling due after more than one year

7

(1,080,979

)

(1,212,243

)

PROVISIONS FOR LIABILITIES

-

(2,462

)

NET ASSETS

1,816,887

1,930,245

CAPITAL AND RESERVES

Called up share capital

9

1,900,100

1,900,100

Fair value reserve

10

(97,043

)

10,495

Retained earnings

13,830

19,650

SHAREHOLDERS' FUNDS

1,816,887

1,930,245

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 27 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 Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11373127

Registered office:

01 Meadlake Place

Thorpe Lea Road

Egham

Surrey

TW20 8HE

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.

Turnover

Turnover represents the fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment properties are 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.

Share capital

The Company issued share capital of £2,516,000 to MCM Holdings B.V. in the year ended 31 May 2021. The related Companies House filing is in the process of being amended to reflect share capital of £1,900,000; however, this amendment has not yet been filed. The directors have confirmed that the amended filing will be submitted to Companies House alongside these statutory financial statements.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 June 2024

3,500,000

Revaluations

(110,000

)

At 31 May 2025

3,390,000

NET BOOK VALUE

At 31 May 2025

3,390,000

At 31 May 2024

3,500,000

Investment property situated at 15 Princes Court, Princes Road, Weybridge KT13 9BZ is under a charge from Handelsbanken PLC. The charge was created on 31st March 2021.

Investment properties situated at following investment properties are under a charge from Handelsbanken PLC. The charge was created on 04th April 2022.

a) 22 Princes Court, Princes Road, Weybridge KT13 9BZ

b) 20 Princes Court, Princes Road, Weybridge KT13 9BZ

c) 16 Princes Court, Princes Road, Weybridge KT13 9BZ

d) 11 Princes Court, Princes Road, Weybridge KT13 9BZ

e) 5 Princes Court, Princes Road, Weybridge KT13 9BZ

Cost or valuation at 31 May 2025 is represented by:

£

Valuation in 2023

137,956

Valuation in 2024

(125,000

)

Valuation in 2025

(110,903

)

Cost

3,487,947

3,390,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

as

restated

£

£

Amounts owed by participating interests

23,900

23,800

Other debtors

903

2,522

24,803

26,322

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

as

restated

£

£

Trade creditors

50,942

35,774

Taxation and social security

3,197

5,348

Other creditors

482,884

360,994

537,023

402,116

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

as

restated

£

£

Bank loans

1,080,979

1,212,243

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.25

31.5.24

as

restated

£

£

Bank loans

1,080,979

1,212,243

The loan amounting to £158,998 is secured by the way of charge on the property situated at 15 Princes Court, Princes Road, Weybridge KT13 9BZ (disclosed as investment property). The charge was created in the name of Handelsbanken PLC on 31st March 2021.

The loan amounting to £921,981 is secured by the way of charge on the following properties (disclosed as investment properties):

a) 22 Princes Court, Princes Road, Weybridge KT13 9BZ

b) 20 Princes Court, Princes Road, Weybridge KT13 9BZ

c) 16 Princes Court, Princes Road, Weybridge KT13 9BZ

d) 11 Princes Court, Princes Road, Weybridge KT13 9BZ

e) 5 Princes Court, Princes Road, Weybridge KT13 9BZ

The charge was created in the name of Handelsbanken PLC on 04th April 2022.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

as restated

£

£

2,516,100

Ordinary

£1

1,900,100

1,900,100

10.

RESERVES

Fair

value

reserve

£

At 1 June 2024

10,495

Transfer to/from reserves

(107,538

)

At 31 May 2025

(97,043

)

11.	RELATED PARTY DISCLOSURES

The company owes £411,312 (2024: £349,734) to its director, Mrs Monique Angenieta Van Wezel-Mole as at accounting year end date.

The company owes £71,572 (2024: £9,995) to its director, Mr Christopher James Mole as at accounting year end date.

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

The company also owes £50,942 (€59,000) 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 £35,887 (€42,000) from MCM Holdings B.V.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is MCM Holdings B.V.