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Company Registration No. 12012946 (England and Wales)
M&G ASSOCIATES LIMITED Unaudited accounts for the year ended 31 May 2025
M&G ASSOCIATES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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M&G ASSOCIATES LIMITED Company Information for the year ended 31 May 2025
Directors
Andres Mauricio MARINO MANRIQUE Alejandro Garcia VALDERRAMA
Company Number
12012946 (England and Wales)
Registered Office
14 ATNEY ROAD LONDON SW15 2PS ENGLAND
Accountants
Accountancy SOS 21 Gorsehill Road Poole, DORSET BH15 3QH
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M&G ASSOCIATES LIMITED Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
5,399
10,797
Current assets
Cash at bank and in hand
(4,845)
(1,723)
Creditors: amounts falling due within one year
5
(42,719)
(51,232)
Net current liabilities
(47,564)
(52,955)
Net liabilities
(42,165)
(42,158)
Capital and reserves
Called up share capital
2
2
Profit and loss account
(42,167)
(42,160)
Shareholders' funds
(42,165)
(42,158)
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 1 September 2025 and were signed on its behalf by
Alejandro Garcia VALDERRAMA Director Company Registration No. 12012946
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M&G ASSOCIATES LIMITED Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
M&G ASSOCIATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12012946. The registered office is 14 ATNEY ROAD, LONDON, SW15 2PS, 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:
Motor vehicles
25% on cost
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 June 2024
21,593
At 31 May 2025
21,593
Depreciation
At 1 June 2024
10,796
Charge for the year
5,398
At 31 May 2025
16,194
Net book value
At 31 May 2025
5,399
At 31 May 2024
10,797
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M&G ASSOCIATES LIMITED Notes to the Accounts for the year ended 31 May 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
11,750
17,713
Trade creditors
2,264
2,265
Other creditors
11,949
30,754
Loans from directors
16,256
-
Accruals
500
500
42,719
51,232
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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