MGM REAL ESTATE LIMITED

Company Registration Number:
15013025 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 19 July 2023

End date: 31 July 2024

MGM REAL ESTATE LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Additional notes
Balance sheet notes

MGM REAL ESTATE LIMITED

Balance sheet

As at 31 July 2024

Notes 2024


£
Called up share capital not paid: 0
Fixed assets
Intangible assets:   0
Tangible assets: 3 789,682
Total fixed assets: 789,682
Current assets
Stocks:   0
Debtors: 4 5,900
Cash at bank and in hand: 2,031
Investments:   0
Total current assets: 7,931
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 5 ( 7,137 )
Net current assets (liabilities): 794
Total assets less current liabilities: 790,476
Creditors: amounts falling due after more than one year: 6 ( 790,220 )
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 256
Capital and reserves
Called up share capital: 100
Profit and loss account: 156
Total Shareholders' funds: 256

The notes form part of these financial statements

MGM REAL ESTATE LIMITED

Balance sheet statements

For the year ending 31 July 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.

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

This report was approved by the board of directors on 9 April 2025
and signed on behalf of the board by:

Name: Murat Sahin
Status: Director

The notes form part of these financial statements

MGM REAL ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 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

MGM REAL ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

MGM REAL ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 789,682 789,682
Disposals
Revaluations
Transfers
At 31 July 2024 789,682 789,682
Depreciation
Charge for year 0 0
On disposals
Other adjustments
At 31 July 2024 0 0
Net book value
At 31 July 2024 789,682 789,682

MGM REAL ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

2024
£
Other debtors 5,900
Total 5,900

MGM REAL ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

2024
£
Taxation and social security 37
Other creditors 7,100
Total 7,137

MGM REAL ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Creditors: amounts falling due after more than one year note

2024
£
Bank loans and overdrafts 783,083
Amounts due under finance leases and hire purchase contracts 0
Other creditors 7,137
Total 790,220

Loans from Directors