Company No: 09211723 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	31,316		23,598
		31,316		23,598
Current assets
Stocks		18,459		18,102
Debtors	4	6,751		15,229
Cash at bank and in hand		76,475		53,064
		101,685		86,395
Creditors: amounts falling due within one year	5	( 54,662)		( 44,973)
Net current assets		47,023		41,422
Total assets less current liabilities		78,339		65,020
Provision for liabilities		( 5,900)		( 5,900)
Net assets		72,439		59,120
Capital and reserves
Called-up share capital		100		100
Profit and loss account		72,339		59,020
Total shareholders' funds		72,439		59,120

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of MC Shops Limited (registered number: 09211723) were approved and authorised for issue by the Board of Directors on 03 June 2026. They were signed on its behalf by:

T D Harrison Director

R P Bookham Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

MC Shops Limited is a private limited company, limited by shares, incorporated in England and Wales with registered number 09211723. The address of the registered office is Estate Office, Pallinghurst Farm, Rudgwick, Horsham, West Sussex, RH12 3BQ.

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

Turnover

Turnover comprises revenue recognised by the company in respect of cafe sales during the year net of discounts, VAT and other sales related taxes.

Taxation

Current tax
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Tangible fixed assets

Tangible fixed assets are stated at historical cost less accumulated depreciation.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following bases:

Plant and machinery etc.

25 % reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of income and retained earnings.

Stocks

Stock is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. cost includes all direct costs and an appropriate portion of fixed and variable overheads.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at transaction price. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	16		12

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 January 2025	48,959		48,959
Additions	17,423		17,423
At 31 December 2025	66,382		66,382
Accumulated depreciation
At 01 January 2025	25,361		25,361
Charge for the financial year	9,705		9,705
At 31 December 2025	35,066		35,066
Net book value
At 31 December 2025	31,316		31,316
At 31 December 2024	23,598		23,598

4. Debtors

	2025		2024
	£		£
Trade debtors	6,651		5,129
Other debtors	100		10,100
	6,751		15,229

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	17,266		10,328
Accruals	3,600		3,600
Corporation tax	10,285		7,939
Other taxation and social security	23,511		23,106
	54,662		44,973

6. Related party transactions

Included within other debtors is £Nil (2024: £10,000) due from Bookham Harrison Farms Limited, a company with common ownership to MC Shops Limited.