MCC Investments Ltd - Abbreviated accounts 16.1
MCC Investments Ltd - Abbreviated accounts 16.1
REGISTERED NUMBER: |
ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 JULY 2016 |
FOR |
MCC INVESTMENTS LTD |
MCC INVESTMENTS LTD (REGISTERED NUMBER: 03469360) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 JULY 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
MCC INVESTMENTS LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 JULY 2016 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
MCC INVESTMENTS LTD (REGISTERED NUMBER: 03469360) |
ABBREVIATED BALANCE SHEET |
31 JULY 2016 |
2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
Investments | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
4 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Revaluation reserve |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
MCC INVESTMENTS LTD (REGISTERED NUMBER: 03469360) |
ABBREVIATED BALANCE SHEET - continued |
31 JULY 2016 |
The financial statements were approved by the Board of Directors on |
MCC INVESTMENTS LTD (REGISTERED NUMBER: 03469360) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 JULY 2016 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention as modified by the revaluation |
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January |
2015). |
Turnover |
Turnover represents net invoiced sales of services, excluding value added tax. |
Investments |
Fixed asset investments are shown at cost less amounts written off. Provisions are made for temporary |
fluctuations in value. |
Revaluation reserve |
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are |
credited or debited to a non-distributable reserve known as the revaluation reserve (see also note). |
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the |
profit and loss account. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST OR VALUATION |
At 1 August 2015 |
and 31 July 2016 |
NET BOOK VALUE |
At 31 July 2016 |
At 31 July 2015 |
3. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
£ |
COST |
At 1 August 2015 |
and 31 July 2016 | 108,407 |
NET BOOK VALUE |
At 31 July 2016 |
At 31 July 2015 |
MCC INVESTMENTS LTD (REGISTERED NUMBER: 03469360) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 JULY 2016 |
4. | CREDITORS |
Creditors include an amount of £ |
They also include the following debts falling due in more than five years: |
2016 | 2015 |
£ | £ |
Repayable by instalments | 638,217 | 644,111 |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
Ordinary | £1 |