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Company Registration No. 09099190 (England and Wales)
MCM Finishing Limited Unaudited accounts for the year ended 31 December 2025
MCM Finishing Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
454
568
Current assets
Debtors
5
128,580
142,748
Cash at bank and in hand
19,658
20,317
148,238
163,065
Creditors: amounts falling due within one year
6
(85,276)
(67,462)
Net current assets
62,962
95,603
Total assets less current liabilities
63,416
96,171
Provisions for liabilities
Deferred tax
(113)
(142)
Net assets
63,303
96,029
Capital and reserves
Called up share capital
100
100
Profit and loss account
63,203
95,929
Shareholders' funds
63,303
96,029
For the 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. 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2026 and were signed on its behalf by
P D Turner Director Company Registration No. 09099190
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MCM Finishing Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
MCM Finishing Limited is a private company, limited by shares, registered in England and Wales, registration number 09099190. The registered office is Unit 13-14, Robert Way, Wickford, Essex, SS11 8DD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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 balance sheet date.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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MCM Finishing Limited Notes to the Accounts for the year ended 31 December 2025
Government grants
Government grants are in relation to expenditure and is charged to profit and loss.
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 January 2025
1,634
At 31 December 2025
1,634
Depreciation
At 1 January 2025
1,066
Charge for the year
114
At 31 December 2025
1,180
Net book value
At 31 December 2025
454
At 31 December 2024
568
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
117,608
128,769
Other debtors
10,972
13,979
128,580
142,748
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
24,253
29,752
Trade creditors
7,779
6,387
Taxes and social security
12,307
28,290
Other creditors
1,689
1,291
Loans from directors
87
87
Accruals
39,161
1,655
85,276
67,462
7
Transactions with related parties
During the period, purchases of £3,007 was recharged from an associated company, MCM Joinery Solutions Limited. At the period end, £10,972 is owed by MCM Joinery Solutions Limited (2024: £13,979).
8
Average number of employees
During the year the average number of employees was 19 (2024: 16).
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