2023-10-012024-09-302024-09-30false12211400MGV LONDON LTD2025-06-2468100falseiso4217:GBPxbrli:pure122114002023-10-01122114002024-09-30122114002023-10-012024-09-30122114002022-10-01122114002023-09-30122114002022-10-012023-09-3012211400bus:SmallEntities2023-10-012024-09-3012211400bus:AuditExempt-NoAccountantsReport2023-10-012024-09-3012211400bus:FullAccounts2023-10-012024-09-3012211400bus:PrivateLimitedCompanyLtd2023-10-012024-09-3012211400core:WithinOneYear2024-09-3012211400core:AfterOneYear2024-09-3012211400core:WithinOneYear2023-09-3012211400core:AfterOneYear2023-09-3012211400core:ShareCapital2024-09-3012211400core:SharePremium2024-09-3012211400core:RevaluationReserve2024-09-3012211400core:OtherReservesSubtotal2024-09-3012211400core:RetainedEarningsAccumulatedLosses2024-09-3012211400core:ShareCapital2023-09-3012211400core:SharePremium2023-09-3012211400core:RevaluationReserve2023-09-3012211400core:OtherReservesSubtotal2023-09-3012211400core:RetainedEarningsAccumulatedLosses2023-09-3012211400core:LandBuildings2024-09-3012211400core:PlantMachinery2024-09-3012211400core:Vehicles2024-09-3012211400core:FurnitureFittings2024-09-3012211400core:OfficeEquipment2024-09-3012211400core:NetGoodwill2024-09-3012211400core:IntangibleAssetsOtherThanGoodwill2024-09-3012211400core:ListedExchangeTraded2024-09-3012211400core:UnlistedNon-exchangeTraded2024-09-3012211400core:LandBuildings2023-09-3012211400core:PlantMachinery2023-09-3012211400core:Vehicles2023-09-3012211400core:FurnitureFittings2023-09-3012211400core:OfficeEquipment2023-09-3012211400core:NetGoodwill2023-09-3012211400core:IntangibleAssetsOtherThanGoodwill2023-09-3012211400core:ListedExchangeTraded2023-09-3012211400core:UnlistedNon-exchangeTraded2023-09-3012211400core:LandBuildings2023-10-012024-09-3012211400core:PlantMachinery2023-10-012024-09-3012211400core:Vehicles2023-10-012024-09-3012211400core:FurnitureFittings2023-10-012024-09-3012211400core:OfficeEquipment2023-10-012024-09-3012211400core:NetGoodwill2023-10-012024-09-3012211400core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3012211400core:ListedExchangeTraded2023-10-012024-09-3012211400core:UnlistedNon-exchangeTraded2023-10-012024-09-3012211400core:MoreThanFiveYears2023-10-012024-09-3012211400core:Non-currentFinancialInstruments2024-09-3012211400core:Non-currentFinancialInstruments2023-09-3012211400dpl:CostSales2023-10-012024-09-3012211400dpl:DistributionCosts2023-10-012024-09-3012211400core:LandBuildings2023-10-012024-09-3012211400core:PlantMachinery2023-10-012024-09-3012211400core:Vehicles2023-10-012024-09-3012211400core:FurnitureFittings2023-10-012024-09-3012211400core:OfficeEquipment2023-10-012024-09-3012211400dpl:AdministrativeExpenses2023-10-012024-09-3012211400core:NetGoodwill2023-10-012024-09-3012211400core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3012211400dpl:GroupUndertakings2023-10-012024-09-3012211400dpl:ParticipatingInterests2023-10-012024-09-3012211400dpl:GroupUndertakingscore:ListedExchangeTraded2023-10-012024-09-3012211400core:ListedExchangeTraded2023-10-012024-09-3012211400dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-10-012024-09-3012211400core:UnlistedNon-exchangeTraded2023-10-012024-09-3012211400dpl:CostSales2022-10-012023-09-3012211400dpl:DistributionCosts2022-10-012023-09-3012211400core:LandBuildings2022-10-012023-09-3012211400core:PlantMachinery2022-10-012023-09-3012211400core:Vehicles2022-10-012023-09-3012211400core:FurnitureFittings2022-10-012023-09-3012211400core:OfficeEquipment2022-10-012023-09-3012211400dpl:AdministrativeExpenses2022-10-012023-09-3012211400core:NetGoodwill2022-10-012023-09-3012211400core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3012211400dpl:GroupUndertakings2022-10-012023-09-3012211400dpl:ParticipatingInterests2022-10-012023-09-3012211400dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-012023-09-3012211400core:ListedExchangeTraded2022-10-012023-09-3012211400dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-012023-09-3012211400core:UnlistedNon-exchangeTraded2022-10-012023-09-3012211400core:NetGoodwill2024-09-3012211400core:IntangibleAssetsOtherThanGoodwill2024-09-3012211400core:LandBuildings2024-09-3012211400core:PlantMachinery2024-09-3012211400core:Vehicles2024-09-3012211400core:FurnitureFittings2024-09-3012211400core:OfficeEquipment2024-09-3012211400core:AfterOneYear2024-09-3012211400core:WithinOneYear2024-09-3012211400core:ListedExchangeTraded2024-09-3012211400core:UnlistedNon-exchangeTraded2024-09-3012211400core:ShareCapital2024-09-3012211400core:SharePremium2024-09-3012211400core:RevaluationReserve2024-09-3012211400core:OtherReservesSubtotal2024-09-3012211400core:RetainedEarningsAccumulatedLosses2024-09-3012211400core:NetGoodwill2023-09-3012211400core:IntangibleAssetsOtherThanGoodwill2023-09-3012211400core:LandBuildings2023-09-3012211400core:PlantMachinery2023-09-3012211400core:Vehicles2023-09-3012211400core:FurnitureFittings2023-09-3012211400core:OfficeEquipment2023-09-3012211400core:AfterOneYear2023-09-3012211400core:WithinOneYear2023-09-3012211400core:ListedExchangeTraded2023-09-3012211400core:UnlistedNon-exchangeTraded2023-09-3012211400core:ShareCapital2023-09-3012211400core:SharePremium2023-09-3012211400core:RevaluationReserve2023-09-3012211400core:OtherReservesSubtotal2023-09-3012211400core:RetainedEarningsAccumulatedLosses2023-09-3012211400core:NetGoodwill2022-10-0112211400core:IntangibleAssetsOtherThanGoodwill2022-10-0112211400core:LandBuildings2022-10-0112211400core:PlantMachinery2022-10-0112211400core:Vehicles2022-10-0112211400core:FurnitureFittings2022-10-0112211400core:OfficeEquipment2022-10-0112211400core:AfterOneYear2022-10-0112211400core:WithinOneYear2022-10-0112211400core:ListedExchangeTraded2022-10-0112211400core:UnlistedNon-exchangeTraded2022-10-0112211400core:ShareCapital2022-10-0112211400core:SharePremium2022-10-0112211400core:RevaluationReserve2022-10-0112211400core:OtherReservesSubtotal2022-10-0112211400core:RetainedEarningsAccumulatedLosses2022-10-0112211400core:AfterOneYear2023-10-012024-09-3012211400core:WithinOneYear2023-10-012024-09-3012211400core:Non-currentFinancialInstrumentscore:CostValuation2023-10-012024-09-3012211400core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-10-012024-09-3012211400core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-10-012024-09-3012211400core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-10-012024-09-3012211400core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-10-012024-09-3012211400core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-10-012024-09-3012211400core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3012211400core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3012211400core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3012211400core:Non-currentFinancialInstrumentscore:CostValuation2024-09-3012211400core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-09-3012211400core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-09-3012211400core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-09-3012211400core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-09-3012211400core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-09-3012211400core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-09-3012211400core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-09-3012211400core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-09-3012211400core:Non-currentFinancialInstrumentscore:CostValuation2023-09-3012211400core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-3012211400core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-3012211400core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-3012211400core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-3012211400core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-3012211400core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-3012211400core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-3012211400core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-3012211400bus:Director12023-10-012024-09-3012211400bus:Director22023-10-012024-09-30

MGV LONDON LTD

Registered Number
12211400
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2024

MGV LONDON LTD
Company Information
for the year from 1 October 2023 to 30 September 2024

Directors

D'APONTE, Attanasio
PAPONE, Alberto

Registered Address

62 St Martin's Lane
London
WC2N 4JS

Registered Number

12211400 (England and Wales)
MGV LONDON LTD
Balance Sheet as at
30 September 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3698,058698,058
698,058698,058
Current assets
Debtors57,92442,630
57,92442,630
Creditors amounts falling due within one year4(16,424)(5,068)
Net current assets (liabilities)41,50037,562
Total assets less current liabilities739,558735,620
Creditors amounts falling due after one year5(712,113)(712,113)
Net assets27,44523,507
Capital and reserves
Called up share capital100100
Profit and loss account27,34523,407
Shareholders' funds27,44523,507
The financial statements were approved and authorised for issue by the Board of Directors on 24 June 2025, and are signed on its behalf by:
D'APONTE, Attanasio
Director
Registered Company No. 12211400
MGV LONDON LTD
Notes to the Financial Statements
for the year ended 30 September 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: No depreciation is provided on properties where the lease term exceeds 21 years.
2.Average number of employees

20242023
Average number of employees during the year00
3.Tangible fixed assets

Land & buildings

Total

££
Cost or valuation
At 01 October 23698,058698,058
At 30 September 24698,058698,058
Net book value
At 30 September 24698,058698,058
At 30 September 23698,058698,058
4.Creditors: amounts due within one year

2024

2023

££
Taxation and social security9233,988
Accrued liabilities and deferred income15,5011,080
Total16,4245,068
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due after one year

2024

2023

££
Other creditors712,113712,113
Total712,113712,113