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REGISTERED NUMBER: 06481009















Unaudited Financial Statements for the Year Ended 31 January 2025

for

MJG Project Management Limited

MJG Project Management Limited (Registered number: 06481009)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MJG Project Management Limited

Company Information
for the Year Ended 31 January 2025







DIRECTOR: MJ Gallagher





REGISTERED OFFICE: Ground Floor
Rear Barn
The Brookdale Centre
Knutsford
Cheshire
WA16 0SR





REGISTERED NUMBER: 06481009





ACCOUNTANTS: EBA
Ground Floor
Rear Barn
The Brookdale Centre
Knutsford
Cheshire
WA16 0SR

MJG Project Management Limited (Registered number: 06481009)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 1,186 3,249
Investments 5 50,000 50,000
51,186 53,249

CURRENT ASSETS
Debtors 6 43,512 19,990
Cash at bank 824 163
44,336 20,153
CREDITORS
Amounts falling due within one year 7 25,770 18,570
NET CURRENT ASSETS 18,566 1,583
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,752

54,832

CREDITORS
Amounts falling due after more than one
year

8

(2,552

)

(7,500

)

PROVISIONS FOR LIABILITIES (297 ) (971 )
NET ASSETS 66,903 46,361

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 65,903 45,361
66,903 46,361

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

MJG Project Management Limited (Registered number: 06481009)

Balance Sheet - continued
31 January 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 April 2025 and were signed by:





MJ Gallagher - Director


MJG Project Management Limited (Registered number: 06481009)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

MJG Project Management Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

MJG Project Management Limited (Registered number: 06481009)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 February 2024 17,384
Additions 341
At 31 January 2025 17,725
DEPRECIATION
At 1 February 2024 14,135
Charge for year 2,404
At 31 January 2025 16,539
NET BOOK VALUE
At 31 January 2025 1,186
At 31 January 2024 3,249

5. FIXED ASSET INVESTMENTS
Other
investments
£
COST
At 1 February 2024
and 31 January 2025 50,000
NET BOOK VALUE
At 31 January 2025 50,000
At 31 January 2024 50,000

The investments comprise of annuity contracts purchased from the directors and are shown at cost.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£ £
Trade debtors 7,904 8,545
Other debtors 35,608 11,445
43,512 19,990

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£ £
Bank loans and overdrafts 4,374 3,300
Taxation and social security 21,396 15,270
25,770 18,570

MJG Project Management Limited (Registered number: 06481009)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.25 31.1.24
£ £
Bank loans 2,552 7,500

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25 31.1.24
£ £
MJ Gallagher
Balance outstanding at start of year 11,445 8,051
Amounts advanced 82,205 62,609
Amounts repaid (62,054 ) (59,215 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 31,596 11,445

10. ULTIMATE CONTROLLING PARTY

The controlling party is MJ Gallagher.