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Company Registration No. 13825946 (England and Wales)
MGROUP Accommodation Ltd Unaudited accounts for the year ended 31 January 2024
MGROUP Accommodation Ltd Unaudited accounts Contents
Page
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MGROUP Accommodation Ltd Company Information for the year ended 31 January 2024
Director
Craig Davies
Company Number
13825946 (England and Wales)
Registered Office
18A THE NEWPORT BUSINESS CENTRE CORPORATION ROAD NEWPORT NP19 4RF WALES
Accountants
Aces Accounts and Taxation Ltd 195 High Street Chipping Ongar Essex CM5 9JG
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MGROUP Accommodation Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
(2,561)
23,252 
Current assets
Inventories
11,820 
4,400 
Cash at bank and in hand
11,708 
(18,301)
23,528 
(13,901)
Creditors: amounts falling due within one year
(7,952)
(1,777)
Net current assets/(liabilities)
15,576 
(15,678)
Total assets less current liabilities
13,015 
7,574 
Creditors: amounts falling due after more than one year
2 
2 
Net assets
13,017 
7,576 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
13,015 
7,574 
Shareholders' funds
13,017 
7,576 
For the year ending 31 January 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 March 2025 and were signed on its behalf by
Craig Davies Director Company Registration No. 13825946
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MGROUP Accommodation Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
MGROUP Accommodation Ltd is a private company, limited by shares, registered in England and Wales, registration number 13825946. The registered office is 18A THE NEWPORT BUSINESS CENTRE, CORPORATION ROAD, NEWPORT, NP19 4RF, WALES.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 February 2023
23,252 
At 31 January 2024
23,252 
Depreciation
Charge for the year
25,813 
At 31 January 2024
25,813 
Net book value
At 31 January 2024
(2,561)
At 31 January 2023
23,252 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
2,640 
1,777 
Loans from directors
5,312 
- 
7,952 
1,777 
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MGROUP Accommodation Ltd Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
(2)
(2)
7
Average number of employees
During the year the average number of employees was 8 (2023: 11).
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