MCC HOMES LIMITED - Filleted accounts

Registered number

10843302

MCC HOMES LIMITED

Filleted Accounts

28 February 2026

MCC HOMES LIMITED

Report to the director on the preparation of the unaudited statutory accounts of MCC HOMES LIMITED for the year ended 28 February 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MCC HOMES LIMITED for the year ended 28 February 2026 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
1st Cloud Accountants
1st Cloud Accountants
Chartered Certified Accountants
Analysis House
117 - 119 Sea Road
Fulwell
Sunderland
SR5 1PS

30 July 2026

MCC HOMES LIMITED
Registered number:		10843302
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		3,988			7,456

Current assets
Stocks		1,735,070			1,408,391
Debtors	4	448,165			559,177
Cash at bank and in hand		23,765			39,960
		2,207,000			2,007,528

Creditors: amounts falling due within one year	5	(844,618)			(713,957)

Net current assets			1,362,382			1,293,571

Total assets less current liabilities			1,366,370			1,301,027

Creditors: amounts falling due after more than one year	6		(200,000)			(257,500)

Provisions for liabilities			(997)			(1,864)


Net assets			1,165,373			1,041,663

Capital and reserves
Called up share capital			1			1
Profit and loss account			1,165,372			1,041,662

Shareholder's funds			1,165,373			1,041,663

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr P M McCoy
Director
Approved by the board on 30 July 2026

MCC HOMES LIMITED
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 4 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 March 2025				14,424
	At 28 February 2026				14,424

	Depreciation
	At 1 March 2025				6,968
	Charge for the year				3,468
	At 28 February 2026				10,436

	Net book value
	At 28 February 2026				3,988
	At 28 February 2025				7,456


4	Debtors		2026		2025
£				£

	Other loan		428,943		521,943
	Other debtors		19,222		37,234
			448,165		559,177


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Bank loans and overdrafts		51,239		46,000
	Trade creditors		7,273		32,830
	Amounts owed to group undertakings and undertakings in which the company has a participating interest		383,045		443,638
	Directors loan account		245,362		117,104
	Accruals		4,309		4,013
	Taxation and social security costs		49,713		70,372
			844,618		713,957


6	Creditors: amounts falling due after one year		2026		2025
£				£

	Bank loans		-		57,500
	Other creditors		200,000		200,000
			200,000		257,500


7	Other information

	MCC HOMES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Former Monkwearmouth Library
	Church Street North
	Sunderland
	United Kingdom
	SR6 0DR