MGL FLOORING & DECO LTD

Company Registration Number:
13469583 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

MGL FLOORING & DECO LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

MGL FLOORING & DECO LTD

Company Information

for the Period Ended 30 June 2024




Director: Otgontsengel Dashtseren
Registered office: Flat 17 Davenport House
Walnut Tree Walk
London
England
SE11 6DH
Company Registration Number: 13469583 (England and Wales)

MGL FLOORING & DECO LTD

Directors' Report Period Ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Directors

The directors shown below have held office during the whole of the period from 01 July 2023 to 30 June 2024
Otgontsengel Dashtseren

This report was approved by the board of directors on 16 March 2025
And Signed On Behalf Of The Board By:

Name: Otgontsengel Dashtseren
Status: Director

MGL FLOORING & DECO LTD

Profit and Loss Account

for the Period Ended 30 June 2024


Notes

2024
£

2023
£
Turnover 66,595 76,224
Cost of sales ( 4,096 ) ( 5,561 )
Gross Profit or (Loss) 62,499 70,663
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 59,220 ) ( 62,074 )
Other operating income 0 0
Operating Profit or (Loss) 3,279 8,589
Interest Receivable and Similar Income - 0
Interest Payable and Similar Charges - ( 0 )
Profit or (Loss) Before Tax 3,279 8,589
Profit or (Loss) for Period 3,279 8,589

The notes form part of these financial statements

MGL FLOORING & DECO LTD

Balance sheet

As at 30 June 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 6,744 4,558
Total current assets: 6,744 4,558
Creditors: amounts falling due within one year: 5 ( 3,043 ) ( 3,013 )
Net current assets (liabilities): 3,701 1,545
Total assets less current liabilities: 3,701 1,545
Total net assets (liabilities): 3,701 1,545

The notes form part of these financial statements

MGL FLOORING & DECO LTD

Balance sheet continued

As at 30 June 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 3,700 1,544
Shareholders funds: 3,701 1,545

For the year ending 30 June 2024 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.

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

This report was approved by the board of directors on 16 March 2025
And Signed On Behalf Of The Board By:

Name: Otgontsengel Dashtseren
Status: Director

The notes form part of these financial statements

MGL FLOORING & DECO LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

MGL FLOORING & DECO LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

MGL FLOORING & DECO LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 3. Off balance sheet disclosure

    No

MGL FLOORING & DECO LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Dividends


2024
£

2023
£
Dividends paid 500 8,000

MGL FLOORING & DECO LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 917 1,911
Accruals and deferred income 900 800
Other creditors 1,226 302
Total 3,043 3,013