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Company Registration No. 10695868 (England and Wales)
MGI HOUSEHOLD SERVICES LIMITED Unaudited accounts for the year ended 28 March 2025
MGI HOUSEHOLD SERVICES LIMITED Unaudited accounts Contents
Page
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MGI HOUSEHOLD SERVICES LIMITED Company Information for the year ended 28 March 2025
Director
Georgi Georgiev
Company Number
10695868 (England and Wales)
Registered Office
4 THE FIRS WELWYN GARDEN CITY AL8 7EA ENGLAND
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MGI HOUSEHOLD SERVICES LIMITED Statement of financial position as at 28 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,884 
4,737 
Current assets
Cash at bank and in hand
1,950 
1,668 
Creditors: amounts falling due within one year
(67)
(46)
Net current assets
1,883 
1,622 
Total assets less current liabilities
5,767 
6,359 
Creditors: amounts falling due after more than one year
(5,292)
(6,170)
Net assets
475 
189 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
471 
185 
Shareholders' funds
475 
189 
For the year ending 28 March 2025 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 20 May 2025 and were signed on its behalf by
Georgi Georgiev Director Company Registration No. 10695868
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MGI HOUSEHOLD SERVICES LIMITED Notes to the Accounts for the year ended 28 March 2025
1
Statutory information
MGI HOUSEHOLD SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10695868. The registered office is 4 THE FIRS, WELWYN GARDEN CITY, AL8 7EA, 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.
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:
Plant & machinery
18%
Motor vehicles
6%-18%
Fixtures & fittings
18%
Computer equipment
18%
Other tangible fixed assets
18%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 29 March 2024
10,477 
At 28 March 2025
10,477 
Depreciation
At 29 March 2024
5,740 
Charge for the year
853 
At 28 March 2025
6,593 
Net book value
At 28 March 2025
3,884 
At 28 March 2024
4,737 
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MGI HOUSEHOLD SERVICES LIMITED Notes to the Accounts for the year ended 28 March 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
67 
21 
Loans from directors
- 
25 
67 
46 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
5,292 
6,170 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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