Registration number: 05270881 (England & Wales)

MC336 Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 6

MC336 Limited

Company Information

Directors

Dr N C Trilk M P Urquhart

Registered office

C/O Advanced Coated Products Limited The Vineyards Industrial Estate Gloucester Road Cheltenham Gloucestershire GL51 8NH

Solicitors

Penningtons Manches Cooper LLP Apex Plaza Forbury Road Reading Berkshire RG1 1AX

Bankers

Barclays Bank PLC Apex Plaza Forbury Road Reading Berkshire RG1 1AX

Accountants

Hazlewoods LLP Chartered AccountantsStaverton Court Staverton Cheltenham GL51 0UX

MC336 Limited

(Registration number: 05270881)
Balance Sheet as at 30 September 2025

	Note	2025 £ 000	2024 £ 000
Fixed assets
Investment property	5	2,070	2,070
Current assets
Debtors	6	160	-
Cash at bank and in hand		-	5
		160	5
Creditors: Amounts falling due within one year	7	(643)	(606)
Net current liabilities		(483)	(601)
Total assets less current liabilities		1,587	1,469
Provisions for liabilities		(100)	(100)
Net assets		1,487	1,369
Capital and reserves
Revaluation reserve		398	398
Retained earnings		1,089	971
Shareholders' funds		1,487	1,369

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 26 June 2026 and signed on its behalf by:
 

......................................... M P Urquhart Director

MC336 Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

1

General information

The company is a private company limited by share capital, incorporated in the United Kingdom.

The address of its registered office is:
C/O Advanced Coated Products Limited
The Vineyards Industrial Estate
Gloucester Road
Cheltenham
Gloucestershire
GL51 8NH

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' effective January 2016 and has taken advantage of the small company exemptions available in section 1A of FRS 102 to produce reduced disclosure accounts.

Basis of preparation

These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
 

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable under a property lease. Turnover is shown net of value added tax.

The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

MC336 Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Investment property

Investment properties are included in the balance sheet at their open market value in accordance with the Financial Reporting Standard 102 (effective January 2016) and are not depreciated. This treatment is contrary to the Companies Act 2006 which states that the fixed assets should be depreciated but is, in the opinion of the directors, necessary in order to give a true and fair view of the financial position of the company.

The investment property is a freehold property. It is held for long term investment and is revalued annually by the directors. Any revaluation surplus or deficit is transferred to the revaluation reserve unless a deficit on the investment property is expected to be permanent, in which case it is charged straight to the profit and loss account.

Depreciation is only one of many factors reflected in the annual valuation of the property and accordingly the amount of depreciation which might otherwise have been charged cannot be separately identified or quantified.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. All trade debtors are repayable within one year and hence are included at the undiscounted cost of cash expected to be received. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the debtors.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and all are repayable within one year and hence are included at the undiscounted amount of cash expected to be paid.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distributions to the company's shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.

MC336 Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4

Taxation

Tax charged/(credited) in the profit and loss account

	2025 £ 000	2024 £ 000
Current taxation
UK corporation tax	39	12

5

Investment properties

	2025 £ 000
At 1 October 2024 and 30 September 2025	2,070

The property was revalued in the year ended 30 September 2018 by an independent qualified third party.

6

Debtors

	2025  £ 000	2024  £ 000
Trade debtors	4	-
Other debtors	156	-
Total current trade and other debtors	160	-

7

Creditors

	2025 £ 000	2024 £ 000
Due within one year
Amounts due to related parties	575	532
Taxation and social security	49	59
Accruals and deferred income	19	15
	643	606

8

Deferred tax

Deferred tax assets and liabilities

2025	Liability £ 000
On revaluation of property	100
	100