MRL CONSULTING GROUP LIMITED

Company Registration Number:
03359812 (England and Wales)

Unaudited abridged accounts for the year ended 28 December 2023

Period of accounts

Start date: 01 January 2023

End date: 28 December 2023

MRL CONSULTING GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 28 December 2023

Balance sheet
Notes

MRL CONSULTING GROUP LIMITED

Balance sheet

As at 28 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 7,787 16,281
Tangible assets: 4 28,801 30,703
Investments: 5 56,260 52,392
Total fixed assets: 92,848 99,376
Current assets
Debtors: 6 1,756,767 2,853,661
Cash at bank and in hand: 30,089 63,588
Total current assets: 1,786,856 2,917,249
Creditors: amounts falling due within one year: 7 (3,514,232) (3,671,567)
Net current assets (liabilities): (1,727,376) (754,318)
Total assets less current liabilities: (1,634,528) (654,942)
Creditors: amounts falling due after more than one year:   (52,500) (122,500)
Total net assets (liabilities): (1,687,028) (777,442)
Capital and reserves
Called up share capital: 100 100
Share premium account: 197,487 197,487
Other reserves: 10 10
Profit and loss account: (1,884,625) (975,039)
Shareholders funds: (1,687,028) (777,442)

The notes form part of these financial statements

MRL CONSULTING GROUP LIMITED

Balance sheet statements

For the year ending 28 December 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 December 2024
and signed on behalf of the board by:

Name: David Stone
Status: Director

The notes form part of these financial statements

MRL CONSULTING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 28 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MRL CONSULTING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 28 December 2023

2. Employees

2023 2022
Average number of employees during the period 36 39

MRL CONSULTING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 28 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 29,465
Additions 0
Disposals 0
At 28 December 2023 29,465
Amortisation
At 01 January 2023 13,184
Charge for year 8,494
At 28 December 2023 21,678
Net book value
At 28 December 2023 7,787
At 31 December 2022 16,281

MRL CONSULTING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 28 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 143,729
Additions 17,817
Disposals (6,157)
At 28 December 2023 155,389
Depreciation
At 01 January 2023 113,026
Charge for year 19,719
On disposals (6,157)
At 28 December 2023 126,588
Net book value
At 28 December 2023 28,801
At 31 December 2022 30,703

MRL CONSULTING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 28 December 2023

5. Fixed investments

MRL owns 100% of the shareholding of the following subsidiaries. MRL Consulting GmbH in Germany 21,666 MRL Consulting SARL in France 21,666 Artworks 12,823

MRL CONSULTING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 28 December 2023

6. Debtors

Trade Debtors 1,424,912 Group undertakings 197,646 Other debtors 134,209

MRL CONSULTING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 28 December 2023

7. Creditors: amounts falling due within one year note

Trade creditors 314,560 Group undertakings 1,973,484 Other tax and social security 236,488 Invoice financing 601,363 Accruals & deferred income 270,632 Other creditors 117,705