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REGISTERED NUMBER: 08462650 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2021

FOR

MNMG LIMITED

MNMG LIMITED (REGISTERED NUMBER: 08462650)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30th November 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MNMG LIMITED

COMPANY INFORMATION
for the Year Ended 30th November 2021







DIRECTORS: Mr C G Elliott
Mrs S J Elliott





REGISTERED OFFICE: 1st Floor
Bridgewater House
58-60 Whitworth Street
Manchester
Lancashire
M1 6LT





REGISTERED NUMBER: 08462650 (England and Wales)





ACCOUNTANTS: KJG
1 City Road East
Manchester
M15 4PN

MNMG LIMITED (REGISTERED NUMBER: 08462650)

BALANCE SHEET
30th November 2021

2021 2020
Notes £    £   
FIXED ASSETS
Tangible assets 4 17,429 11,621

CURRENT ASSETS
Debtors 5 621,707 267,343
Cash at bank 4,450 1,263
626,157 268,606
CREDITORS
Amounts falling due within one year 6 (611,729 ) (240,427 )
NET CURRENT ASSETS 14,428 28,179
TOTAL ASSETS LESS CURRENT LIABILITIES 31,857 39,800

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 31,855 39,798
SHAREHOLDERS' FUNDS 31,857 39,800

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2021 in accordance with Section 476 of the Companies Act 2006.

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.

MNMG LIMITED (REGISTERED NUMBER: 08462650)

BALANCE SHEET - continued
30th November 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th August 2022 and were signed on its behalf by:





Mrs S J Elliott - Director


MNMG LIMITED (REGISTERED NUMBER: 08462650)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30th November 2021


1. STATUTORY INFORMATION

MNMG Limited is a private company limited by share capital, incorporated in England and Wales, registration number 08462650. The address of the registered office and principal place of business is Bridgewater House, Whitworth Street, Manchester, England, M1 6LT.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover principally consists of income relating income relating to the running of an annual awards event for the finance industry.

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following basis:

Fixture and fittings -20% on cost

The residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with carrying amount and are recognised in profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

MNMG LIMITED (REGISTERED NUMBER: 08462650)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th November 2021


2. ACCOUNTING POLICIES - continued

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st December 2020 28,032
Additions 13,335
At 30th November 2021 41,367
DEPRECIATION
At 1st December 2020 16,411
Charge for year 7,527
At 30th November 2021 23,938
NET BOOK VALUE
At 30th November 2021 17,429
At 30th November 2020 11,621

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 2,640 4,605
Amounts owed by participating interests 580,936 237,694
Other debtors 38,131 25,044
621,707 267,343

MNMG LIMITED (REGISTERED NUMBER: 08462650)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th November 2021


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 4,249 3,427
Amounts owed to participating interests 607,480 237,000
611,729 240,427

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
200 Ordinary £0.01 2 2