Accounts filed on 30-04-2021


Registered number: 11953278






MCEA Limited


ACCOUNTS

FOR THE YEAR ENDED 30/04/2021
























Prepared By:
Stevenson & Co Accountants Ltd
Chartered Certified Accountants
101a Crow Green Road
Pilgrims Hatch
Brentwood
Essex
CM15 9RP


ACCOUNTS
FOR THE YEAR ENDED 30/04/2021





DIRECTORS
M J Mulvaney


REGISTERED OFFICE
101a Crow Green Road
Pilgrims Hatch
Brentwood
Essex
CM15 9RP


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11953278



ACCOUNTANTS
Stevenson & Co Accountants Ltd
Chartered Certified Accountants
101a Crow Green Road
Pilgrims Hatch
Brentwood
Essex
CM15 9RP


ACCOUNTS
FOR THEYEARENDED30/04/2021



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30/04/2021

			2021		2020
	Notes		£		£

FIXED ASSETS
Tangible assets	3		4,200,000		4,100,000

CURRENT ASSETS
Debtors	5	42,500		-
Cash at bank and in hand		439		35,454
		42,939		35,454
CREDITORS: Amounts falling due within one year	6	779,476		134,416
NET CURRENT LIABILITIES			(736,537)		(98,962)
TOTAL ASSETS LESS CURRENT LIABILITIES			3,463,463		4,001,038


CREDITORS: Amounts falling due after more than one year	7		2,627,082		2,697,258


PROVISIONS FOR LIABILITIES AND CHARGES	8		182,324		264,474

NET ASSETS			654,057		1,039,306

CAPITAL AND RESERVES

Called up share capital	9		100		100
Revaluation reserve	1c,10		959,601		1,391,970
Profit and loss account			(305,644)		(352,764)
SHAREHOLDERS' FUNDS			654,057		1,039,306

For the year ending 30/04/2021 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 18/01/2122 and signed on their behalf by



.............................
M J Mulvaney
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Investment Properties

Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.




1c. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 10).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.

3. TANGIBLE FIXED ASSETS

Cost

At 30/04/2021

Depreciation

At 30/04/2021

Net Book Amounts

At 30/04/2021




5. DEBTORS	2021	2020
	£	£
Amounts falling due within one year
Trade debtors	2,300	-
Other debtors Frankton Group Ltd	40,200	-
	42,500	-




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021	2020
	£	£
Directors current account	123,099	48,083
Bank Loan	70,176	70,176
Loans	50,000	-
Other creditors Proficient Holdings Ltd	533,869	15,000
Accruals	2,332	1,157
	779,476	134,416




7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2021	2020
	£	£
Bank loans (secured) >1yr	2,627,082	2,697,258
	2,627,082	2,697,258

There are two charges dated 15th October registered by Together Commercial Finance Limited. with security against the assets of the company. There is a charge dated 25th September 2019 registered by Pulse Cashflow Finance Limited with security against the assets of the company.




9. SHARE CAPITAL	2021	2020
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100