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Company Registration No. 09466636 (England and Wales)
MGJB Signs Limited Unaudited accounts for the year ended 31 March 2025
MGJB Signs Limited Unaudited accounts Contents
Page
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MGJB Signs Limited Company Information for the year ended 31 March 2025
Director
Mark Richard Glover
Company Number
09466636 (England and Wales)
Registered Office
51 Wilmslow Road Cheadle Stockport Cheshire SK8 1HG England
Accountants
SJM Accounting Services 51 Wilmslow Road Cheadle Stockport Cheshire SK8 1HG
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MGJB Signs Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
2,526 
Tangible assets
2,589 
2,536 
2,589 
5,062 
Current assets
Inventories
1,200 
989 
Debtors
37,514 
22,070 
Cash at bank and in hand
59,457 
22,540 
98,171 
45,599 
Creditors: amounts falling due within one year
(40,580)
(16,144)
Net current assets
57,591 
29,455 
Total assets less current liabilities
60,180 
34,517 
Provisions for liabilities
Deferred tax
(169)
(74)
Net assets
60,011 
34,443 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
60,001 
34,433 
Shareholders' funds
60,011 
34,443 
For the year ending 31 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 25 June 2025 and were signed on its behalf by
Mark Richard Glover Director Company Registration No. 09466636
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MGJB Signs Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
MGJB Signs Limited is a private company, limited by shares, registered in England and Wales, registration number 09466636. The registered office is 51 Wilmslow Road, Cheadle, Stockport, Cheshire, SK8 1HG, England. The principal place of business is Unit 9 Alpha Court, Windmill Lane Industrial Estate, Denton, Manchester, M34 3RB, 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 which is the functional currency of the company.
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 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
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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MGJB Signs Limited Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 April 2024
14,000 
11,269 
25,269 
At 31 March 2025
14,000 
11,269 
25,269 
Amortisation
At 1 April 2024
12,600 
10,143 
22,743 
Charge for the year
1,400 
1,126 
2,526 
At 31 March 2025
14,000 
11,269 
25,269 
Net book value
At 31 March 2025
- 
- 
- 
At 31 March 2024
1,400 
1,126 
2,526 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
15,190 
250 
2,520 
17,960 
Additions
714 
- 
585 
1,299 
At 31 March 2025
15,904 
250 
3,105 
19,259 
Depreciation
At 1 April 2024
13,796 
63 
1,565 
15,424 
Charge for the year
527 
47 
672 
1,246 
At 31 March 2025
14,323 
110 
2,237 
16,670 
Net book value
At 31 March 2025
1,581 
140 
868 
2,589 
At 31 March 2024
1,394 
187 
955 
2,536 
6
Inventories
2025 
2024 
£ 
£ 
Raw materials
1,200 
989 
1,200 
989 
7
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
31,301 
18,577 
Accrued income and prepayments
4,563 
1,843 
Other debtors
1,650 
1,650 
37,514 
22,070 
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MGJB Signs Limited Notes to the Accounts for the year ended 31 March 2025
8
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
8,048 
4,222 
Trade creditors
12,968 
3,725 
Taxes and social security
13,869 
4,161 
Other creditors
366 
803 
Loans from directors
55 
485 
Accruals
5,274 
2,748 
40,580 
16,144 
9
Deferred taxation
2025 
2024 
£ 
£ 
Accelerated capital allowances
169 
74 
2025 
2024 
£ 
£ 
Provision at start of year
74 
- 
Charged to the profit and loss account
95 
74 
Provision at end of year
169 
74 
10
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
11
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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