MCM (Holdings) Limited - Period Ending 2015-04-30

Registration number: 03683557

MCM (Holdings) Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2015
 

MCM (Holdings) Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

MCM (Holdings) Limited
(Registration number: 03683557)
Abbreviated Balance Sheet at 30 April 2015

		Note			2015 £			2014 £
Fixed assets
Investments					873,883			873,883
Current assets
Cash at bank and in hand					1,633,995			384,008
Total assets less current liabilities					2,507,878			1,257,891
Creditors: Amounts falling due after more than one year					(2,021)			(2,021)
Net assets					2,505,857			1,255,870
Capital and reserves
Called up share capital		3			240			240
Profit and loss account					2,505,617			1,255,630
Shareholders' funds					2,505,857			1,255,870

For the year ending 30 April 2015 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 in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Approved by the Board on 20 January 2016 and signed on its behalf by:

.........................................
Betty Wallis
Company secretary and director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

MCM (Holdings) Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Exemption from preparing group accounts

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

2	Fixed assets

		Investments £			Total £
Cost
At 1 May 2014		2,738,695			2,738,695
At 30 April 2015		2,738,695			2,738,695
Depreciation
At 1 May 2014		1,864,812			1,864,812
At 30 April 2015		1,864,812			1,864,812
Net book value
At 30 April 2015		873,883			873,883
At 30 April 2014		873,883			873,883

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
Moisture Control and Measurement Limited		Ordinary	100%	Electronic instrument manufacturer
MCM (UK) Limited		Ordinary	100%	Dormant

Page 2

MCM (Holdings) Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

The profit for the financial period of Moisture Control and Measurement Limited was £463,453 and the aggregate amount of capital and reserves at the end of the period was £637,109.

The financial period end of MCM (UK) Limited is 31 October 2014. The loss for the financial period of MCM (UK) Limited was £160 and the aggregate amount of capital and reserves at the end of the period was £4,418.

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary A shares of £1 each		96			96			96			96
Ordinary B shares of £1 each		144			144			144			144
		240			240			240			240

The ordinary A shares and the ordinary B shares rant Pari Passu but the B shares carry not voting rights

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