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Company Registration No. 06255613 (England and Wales)
MGT CONSTRUCTION LIMITED Unaudited accounts for the year ended 31 May 2024
MGT CONSTRUCTION LIMITED Unaudited accounts Contents
Page
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MGT CONSTRUCTION LIMITED Company Information for the year ended 31 May 2024
Director
Milen Todorov
Company Number
06255613 (England and Wales)
Registered Office
28 CAREW COURT BASINGHALL GARDENS SUTTON SURREY SM2 6AR ENGLAND
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MGT CONSTRUCTION LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
12,619 
9,677 
Cash at bank and in hand
12,359 
26,335 
24,978 
36,012 
Creditors: amounts falling due within one year
(15,470)
(19,371)
Net current assets
9,508 
16,641 
Total assets less current liabilities
9,508 
16,641 
Creditors: amounts falling due after more than one year
(8,509)
(12,702)
Net assets
999 
3,939 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
998 
3,938 
Shareholders' funds
999 
3,939 
For the year ending 31 May 2024 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 11 June 2024 and were signed on its behalf by
Milen Todorov Director Company Registration No. 06255613
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MGT CONSTRUCTION LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
MGT CONSTRUCTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06255613. The registered office is 28 CAREW COURT, BASINGHALL GARDENS, SUTTON, SURREY, SM2 6AR, ENGLAND.
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,619 
9,677 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
15,470 
19,371 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
8,509 
12,702 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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