2023-12-01 2024-11-30 false No description of principal activity Capium Accounts Production 1.1 11700324 2023-12-01 2024-11-30 11700324 bus:AbridgedAccounts 2023-12-01 2024-11-30 11700324 bus:Micro-entities 2023-12-01 2024-11-30 11700324 bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 11700324 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 11700324 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 11700324 2023-12-01 2024-11-30 11700324 2024-11-30 11700324 bus:RegisteredOffice 2023-12-01 2024-11-30 11700324 core:WithinOneYear 2024-11-30 11700324 core:AfterOneYear 2024-11-30 11700324 1 2023-12-01 2024-11-30 11700324 bus:Director1 2023-12-01 2024-11-30 11700324 bus:Director1 2024-11-30 11700324 bus:Director1 2022-12-01 2023-11-30 11700324 2022-12-01 11700324 bus:LeadAgentIfApplicable 2023-12-01 2024-11-30 11700324 2022-12-01 2023-11-30 11700324 2023-11-30 11700324 core:WithinOneYear 2023-11-30 11700324 core:AfterOneYear 2023-11-30 11700324 bus:EntityAccountantsOrAuditors 2022-12-01 2023-11-30 11700324 core:ComputerEquipment 2023-12-01 2024-11-30 11700324 core:ComputerEquipment 2024-11-30 11700324 core:ComputerEquipment 2023-11-30 11700324 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-11-30 11700324 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-11-30 11700324 core:CostValuation core:Non-currentFinancialInstruments 2024-11-30 11700324 core:CostValuation core:Non-currentFinancialInstruments 2023-11-30 11700324 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-11-30 11700324 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-11-30 11700324 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-11-30 11700324 core:Non-currentFinancialInstruments 2024-11-30 11700324 core:Non-currentFinancialInstruments 2023-11-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11700324
England and Wales

 

 

 

MGWC LIMITED



Abridged Accounts
 


Period of accounts

Start date: 01 December 2023

End date: 30 November 2024
  2024   2023
    £ £   £ £
Fixed assets   599      1,031 
Current assets 25,186      41,313   
Creditors: amount falling due within one year (20,416)     (42,126)  
Net current assets   4,770      (813)
Total assets less current liabilities   5,369      218 
Net assets   5,369      218 
 

         
Capital and reserves   5,369      218 
 
NOTES TO THE ACCOUNTS

General Information
MGWC Limited is a private company, limited by shares, registered in England and Wales, registration number 11700324, registration address 272 White Hart Lane, Fareham , Hampshire, PO16 9AR.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 4 Straight Line
2.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 December 2023 2,296    2,296 
Additions  
Disposals (571)   (571)
At 30 November 2024 1,725    1,725 
Depreciation
At 01 December 2023 1,265    1,265 
Charge for year 432    432 
On disposals (571)   (571)
At 30 November 2024 1,126    1,126 
Net book values
Closing balance as at 30 November 2024 599    599 
Opening balance as at 01 December 2023 1,031    1,031 


3.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).


For the year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the director on 29 July 2025 and were signed by:


--------------------------------
Michael George Watt
Director
1