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Company Registration No. 13730089 (England and Wales)
MAG PROJECT MANAGEMENT (LONDON) LTD Unaudited accounts for the year ended 30 November 2023
MAG PROJECT MANAGEMENT (LONDON) LTD Unaudited accounts Contents
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MAG PROJECT MANAGEMENT (LONDON) LTD Company Information for the year ended 30 November 2023
Director
Graham, Mark
Company Number
13730089 (England and Wales)
Registered Office
3rd Floor Office 207 Regent Street, London W1B 3HH
Accountants
Sleek Accounting Ltd 107 Kirkgate Leeds West Yorkshire LS1 6DP
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MAG PROJECT MANAGEMENT (LONDON) LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
858 
90 
Cash at bank and in hand
16,922 
12,328 
17,780 
12,418 
Creditors: amounts falling due within one year
(20,509)
(11,037)
Net current (liabilities)/assets
(2,729)
1,381 
Net (liabilities)/assets
(2,729)
1,381 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,829)
1,281 
Shareholders' funds
(2,729)
1,381 
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 August 2024 and were signed on its behalf by
Graham, Mark Director Company Registration No. 13730089
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MAG PROJECT MANAGEMENT (LONDON) LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
MAG PROJECT MANAGEMENT (LONDON) LTD is a private company, limited by shares, registered in England and Wales, registration number 13730089. The registered office is 3rd Floor Office, 207 Regent Street,, London, W1B 3HH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
858 
90 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,812 
- 
Trade creditors
15,660 
10,000 
Taxes and social security
377 
377 
Accruals
660 
660 
20,509 
11,037 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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