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Company Registration No. 12484771 (England and Wales)
MGM BATHROOMS LTD Unaudited accounts for the year ended 28 February 2025
MGM BATHROOMS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MGM BATHROOMS LTD Company Information for the year ended 28 February 2025
Director
Mark Mcauley
Company Number
12484771 (England and Wales)
Registered Office
UNIT 19 CUNLIFFE DRIVE INDUSTRIAL ESTATE CUNLIFFE DRIVE KETTERING NORTHAMPTONSHIRE NN16 8LD ENGLAND
Accountants
Nineteen Accountants Limited 207 Rockingham Road Kettering United Kingdom NN16 9JA
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MGM BATHROOMS LTD Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
4,120 
4,799 
Current assets
Inventories
26,000 
20,000 
Debtors
5
6,154 
6,613 
Cash at bank and in hand
33,196 
35,194 
65,350 
61,807 
Creditors: amounts falling due within one year
6
(62,946)
(60,133)
Net current assets
2,404 
1,674 
Net assets
6,524 
6,473 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
6,424 
6,373 
Shareholders' funds
6,524 
6,473 
For the year ending 28 February 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 11 September 2025 and were signed on its behalf by
Mark Mcauley Director Company Registration No. 12484771
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MGM BATHROOMS LTD Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
MGM BATHROOMS LTD is a private company, limited by shares, registered in England and Wales, registration number 12484771. The registered office is UNIT 19 CUNLIFFE DRIVE INDUSTRIAL ESTATE, CUNLIFFE DRIVE, KETTERING, NORTHAMPTONSHIRE, NN16 8LD, 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:
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2024
7,434 
1,220 
29 
8,683 
At 28 February 2025
7,434 
1,220 
29 
8,683 
Depreciation
At 1 March 2024
3,459 
411 
14 
3,884 
Charge for the year
596 
81 
2 
679 
At 28 February 2025
4,055 
492 
16 
4,563 
Net book value
At 28 February 2025
3,379 
728 
13 
4,120 
At 29 February 2024
3,975 
809 
15 
4,799 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
1,279 
1,738 
Other debtors
4,875 
4,875 
6,154 
6,613 
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MGM BATHROOMS LTD Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Amounts owed to group undertakings and other participating interests
10,109 
10,109 
Taxes and social security
171 
346 
Loans from directors
52,086 
49,098 
Accruals
580 
580 
62,946 
60,133 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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