MCS PROPERTY GROUP LTD


1 August 2020 false No description of principal activity Taxfiler 2022.3.2 12098730business:PrivateLimitedCompanyLtd2020-08-012021-07-31 120987302020-07-31 120987302020-08-012021-07-31 12098730business:AuditExempt-NoAccountantsReport2020-08-012021-07-31 12098730business:AbridgedAccounts2020-08-012021-07-31 120987302021-07-31 12098730business:Director12020-08-012021-07-31 12098730business:RegisteredOffice2020-08-012021-07-31 120987302020-07-31 12098730core:WithinOneYear2021-07-31 12098730core:WithinOneYear2020-07-31 12098730core:AfterOneYear2021-07-31 12098730core:AfterOneYear2020-07-31 12098730core:ShareCapital2021-07-31 12098730core:ShareCapital2020-07-31 12098730core:RetainedEarningsAccumulatedLosses2021-07-31 12098730core:RetainedEarningsAccumulatedLosses2020-07-31 12098730business:SmallEntities2020-08-012021-07-31 12098730countries:EnglandWales2020-08-012021-07-31 120987302019-08-012020-07-31 iso4217:GBP xbrli:pure
Company Registration No. 12098730 (England and Wales)
MCS PROPERTY GROUP LTD Unaudited accounts for the year ended 31 July 2021
MCS PROPERTY GROUP LTD Unaudited accounts Contents
Page
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MCS PROPERTY GROUP LTD Company Information for the year ended 31 July 2021
Director
Suniel Janagal
Company Number
12098730 (England and Wales)
Registered Office
42 NINEVEH ROAD BIRMINGHAM B21 0TT UNITED KINGDOM
Accountants
Naseems 104 Stoney Lane Sparkbrook Birmingham B12 8AF
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MCS PROPERTY GROUP LTD Statement of financial position as at 31 July 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
144,533 
144,533 
Current assets
Cash at bank and in hand
372 
77,568 
Creditors: amounts falling due within one year
(7,500)
(600)
Net current (liabilities)/assets
(7,128)
76,968 
Total assets less current liabilities
137,405 
221,501 
Creditors: amounts falling due after more than one year
(136,291)
(236,333)
Net assets/(liabilities)
1,114 
(14,832)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,014 
(14,932)
Shareholders' funds
1,114 
(14,832)
For the year ending 31 July 2021 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 19 April 2022 and were signed on its behalf by
Suniel Janagal Director Company Registration No. 12098730
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MCS PROPERTY GROUP LTD Notes to the Accounts for the year ended 31 July 2021
1
Statutory information
MCS PROPERTY GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 12098730. The registered office is 42 NINEVEH ROAD, BIRMINGHAM, B21 0TT, UNITED KINGDOM.
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:
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 August 2020
144,533 
At 31 July 2021
144,533 
Depreciation
At 31 July 2021
- 
Net book value
At 31 July 2021
144,533 
At 31 July 2020
144,533 
5
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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