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Company Registration No. 13730089 (England and Wales)
MAG PROJECT MANAGEMENT (LONDON) LTD Unaudited accounts for the year ended 30 November 2024
MAG PROJECT MANAGEMENT (LONDON) LTD Unaudited accounts Contents
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MAG PROJECT MANAGEMENT (LONDON) LTD Company Information for the year ended 30 November 2024
Director
Graham, Mark
Company Number
13730089 (England and Wales)
Registered Office
3rd Floor Office 207 Regent Street, London W1B 3HH
Accountants
Sleek Accounting Ltd 4th Floor 205 Regent Street London W1B 4HB
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MAG PROJECT MANAGEMENT (LONDON) LTD Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
6,700 
858 
Cash at bank and in hand
5,374 
16,922 
12,074 
17,780 
Creditors: amounts falling due within one year
(10,281)
(20,509)
Net current assets/(liabilities)
1,793 
(2,729)
Net assets/(liabilities)
1,793 
(2,729)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,693 
(2,829)
Shareholders' funds
1,793 
(2,729)
For the year ending 30 November 2024 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 29 August 2025 and were signed on its behalf by
Graham, Mark Director Company Registration No. 13730089
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MAG PROJECT MANAGEMENT (LONDON) LTD Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
MAG PROJECT MANAGEMENT (LONDON) LTD is a private company, limited by shares, registered in England and Wales, registration number 13730089. The registered office is 3rd Floor Office, 207 Regent Street,, London, W1B 3HH.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
5,774 
- 
Accrued income and prepayments
926 
- 
Other debtors
- 
858 
6,700 
858 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
3,812 
Trade creditors
1,706 
15,660 
Taxes and social security
1,581 
377 
Loans from directors
6,319 
- 
Accruals
675 
660 
10,281 
20,509 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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MAG PROJECT MANAGEMENT (LONDON) LTD Notes to the Accounts for the year ended 30 November 2024
7
Operating lease commitments
2024 
2023 
£ 
£ 
At 30 November 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
800 
- 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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