Modern Capital Group Limited in London, W1D 3AT

Description

Data updated on: 01-11-2023

Modern Capital Group Limited,registered as Private Limited Company, based in 8 Royalty Mews in London. The office's post code is W1D 3AT. The firm has been operating since 2015. The company's Companies House Registration Number is 09552951. The firm's Standard Industrial Classification Code is 64999 meaning Financial intermediation not elsewhere classified. Modern Capital Group Ltd released its latest accounts for the financial year up to 2022-12-31. The company's latest annual confirmation statement was filed on 2023-01-02.

As of now, this particular firm has only been overseen by 1 managing director: Michael F. who has been supervising it for nine years.

Michael F. is the individual who has control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	100 000

Balance Sheet
Cash Bank On Hand		105 479	768 517	1 202 534	1 719 859	1 273 358	1 944 589	2 272 096
Current Assets		662 183	1 856 491	1 468 112	2 794 675	2 982 235	5 821 078	5 189 251
Debtors		556 704	311 299	265 578	1 074 816	911 601	1 912 785	156 964
Net Assets Liabilities						3 064 419	8 285 200
Other Debtors		262 740	5 491	24 012	739 799	690 912	1 557 031
Property Plant Equipment		140 117	163 158	315 738	318 997	386 552	406 236	406 739
Cash Bank In Hand	100 000
Net Assets Liabilities Including Pension Asset Liability	100 000

Capital & Reserves
Shareholder Funds	100 000

Other Financial Data
Audit Fees Expenses		4 000	7 000	7 000	6 250	6 250	8 600	13 500
Accrued Liabilities Deferred Income		4 000	8 164	8 313	8 005	842 583	10 500	13 500
Accumulated Depreciation Impairment Property Plant Equipment		1 373	4 925	10 235	15 246	32 066	46 409	57 433
Additions Other Than Through Business Combinations Property Plant Equipment			17 866	157 891	8 270	84 376	34 027	11 527
Administrative Expenses		164 727	571 385	563 326	626 924	1 353 527	415 067	456 818
Average Number Employees During Period				4	4	3	4	3
Cash Cash Equivalents Cash Flow Value			768 517	1 202 534	1 719 859	1 273 358	1 944 589	2 272 096
Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities						-45 130
Cash Receipts From Sales Interests In Associates					722 154	-45 130	832 814
Comprehensive Income Expense		847 463			859 789	14 120	3 496 477	241 038
Corporation Tax Payable		210 837	314 581	240 276	200 966		817 686	58 856
Cost Sales			-2 927
Creditors		214 837	324 149	272 309	228 357	848 942	994 083	1 170 273
Current Asset Investments			776 675			797 276	1 963 704	2 760 191
Current Tax For Period		210 837	314 581	240 276	200 966		817 686	58 856
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences							473 412
Depreciation Expense Property Plant Equipment		1 373	3 552	5 310	5 011	16 820	14 343	11 024
Depreciation Impairment Expense Property Plant Equipment				5 310	5 011	16 820	14 343	11 024
Dividends Paid		360 000	18 000	315 000	210 000	210 000	210 000	480 000
Dividends Paid Classified As Financing Activities		-360 000	-18 000	-315 000	-210 000	-210 000	-210 000	-480 000
Dividends Paid On Shares Final							210 000	480 000
Dividends Paid On Shares Interim				315 000	210 000	210 000	210 000
Fixed Assets		140 117	363 560	1 414 707	693 981	931 126	1 523 901	2 092 956
Further Item Interest Expense Component Total Interest Expense						493		723
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss								-504 003
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total			-255 728	6 929	751 834
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss		-25 670	9 437	78 236	-24 228	-1 404	35 003	295 677
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				-22 465	4 642	-821 551	672 545	-935 020
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				-52 650	87 084	-118 085	168 370	-236 542
Gain Loss On Disposals Intangible Assets							407 344	13 210
Gain Loss On Financial Assets Fair Value Through Profit Or Loss							2 525 298
Gross Profit Loss		1 222 377	2 209 841	1 832 894
Impairment Loss Reversal On Investments					29 316	894	-2 525 298	-307 850
Income Taxes Paid Refund Classified As Operating Activities			-210 837	-314 581	-240 385	-200 966		-817 686
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				-434 016	-517 324
Increase Decrease In Current Tax From Adjustment For Prior Periods					130
Increase From Depreciation Charge For Year Property Plant Equipment			430	5 310	5 011	16 820	98 270	11 024
Interest Income On Bank Deposits		650	2 813	316	82	3 747
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss		650		316	82	3 747
Interest Payable Similar Charges Finance Costs			249			493		723
Interest Received Classified As Investing Activities		-650	-2 813	-316	-82	-3 747	-15 796	-921
Investments				251 985	374 985	544 574	3 076 017	1 686 217
Investments Fixed Assets			200 402	1 098 969	374 985	544 574	3 076 017	1 686 217
Key Management Personnel Compensation Total				106 995	106 053
Net Cash Flows From Used In Financing Activities				315 000	210 000
Net Cash Flows From Used In Investing Activities				286 396	36 038
Net Cash Flows From Used In Operating Activities				-1 035 412	-762 998	-766 757	-3 438 140	-137 339
Net Cash Generated From Operations			-1 637 253	-1 349 993	-1 003 383	-968 216
Net Current Assets Liabilities		447 346	1 532 342	1 195 803	2 566 318	2 133 293	5 360 286	4 018 978
Net Finance Income Costs		650	2 813	316	82	3 747	15 796	921
Net Interest Paid Received Classified As Operating Activities			-249			-493		-723
Number Shares Issued Fully Paid			100 000
Operating Profit Loss		1 057 650	1 638 456	1 269 568	1 090 098	11 760	4 264 712	-8 154
Other Creditors			1 404	11 042	11 882	6 359	23 180	1 069 000
Other Interest Income						3 747	15 796	921
Other Interest Receivable Similar Income Finance Income		650	2 813	316	82	3 747	15 796	921
Other Investments Other Than Loans				846 984
Other Operating Income Format1						23 227	12 539
Other Taxation Social Security Payable				12 678	7 504		142 717	28 917
Par Value Share	1		1
Pension Other Post-employment Benefit Costs Other Pension Costs			23 331	49 546	18 719	8 643	17 837	15 448
Prepayments Accrued Income					81 354
Proceeds From Sales Or Maturity Financial Assets Held For Trading Trading Investments					-694 668	967 759	1 705 864
Proceeds From Sales Or Maturity Financial Assets Other Than Trading Investments		258 240
Proceeds From Sales Other Long-term Assets Classified As Investing Activities			977 077	121 892	-723 984
Profit Loss		847 463	1 326 439	1 029 608	859 789	14 120	3 496 477	241 038
Profit Loss On Ordinary Activities Before Tax		1 058 300	1 641 020	1 269 884	1 060 864	14 120	6 721 879	299 894
Property Plant Equipment Gross Cost		141 490	168 082	325 973	334 243	418 618	452 645	464 172
Purchase Property Plant Equipment		-141 490	-26 593	-157 891	-8 270	-84 376	-34 027	-11 527
Social Security Costs			28 582	35 363	20 774	129 131	65 458	46 547
Staff Costs Employee Benefits Expense			332 378	385 958	263 771	1 099 426	602 651	442 421
Taxation Including Deferred Taxation Balance Sheet Subtotal							473 412
Tax Decrease From Utilisation Tax Losses							3 965
Tax Expense Credit Applicable Tax Rate				241 278	201 564	2 683	819 691	56 980
Tax Increase Decrease From Effect Capital Allowances Depreciation		-1 098	-2 025	-1 002	-1 571	-2 683	-2 005	-659
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		275	710		952			2 535
Tax Tax Credit On Profit Or Loss On Ordinary Activities		210 837	314 581	240 276	201 075		817 686	58 856
Total Assets Less Current Liabilities		587 463	1 895 902	2 610 510	3 260 299	3 064 419	6 350 896	6 111 934
Total Current Tax Expense Credit				240 276	201 075
Trade Debtors Trade Receivables		293 964	305 808	241 566	253 663	220 689	355 754	156 964
Turnover Revenue		1 222 377	2 206 914	1 832 894	1 717 022	1 342 060	4 667 240	952 667
Wages Salaries			280 465	301 049	224 278	961 652	519 356	380 426
Company Contributions To Defined Benefit Plans Directors						3 501	10 717	7 787
Director Remuneration					106 053	846 146	337 401	229 799
Director Remuneration Benefits Including Payments To Third Parties					106 053	849 647	348 118	237 586
Number Shares Allotted	100 000
Share Capital Allotted Called Up Paid	100 000

Company staff

Michael F.

Role: Director

Appointed: 21 April 2015

Latest update: 26 October 2023

People with significant control

Michael F.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	16 January 2024
Confirmation statement last made up date	02 January 2023

Annual Accounts 1 March 2017
Start Date For Period Covered By Report	2015-04-21
End Date For Period Covered By Report	2015-12-31
Date Approval Accounts	1 March 2017
Annual Accounts
Start Date For Period Covered By Report	2017-01-01
End Date For Period Covered By Report	2017-12-31
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Modern Capital Group Limited

General information

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Office Address:

Description

Financial data based on annual reports

Company staff

Michael F.

People with significant control

Michael F.

Accounts Documents

Company filings

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