MGT PPBRG LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3

Registered number: OC434675

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		2,213,005		2,213,005

			2,213,005		2,213,005
CURRENT ASSETS
Debtors	5	64,905		63,598
Cash at bank and in hand		119,810		27,356

		184,715		90,954
Creditors: Amounts Falling Due Within One Year	6	(94,720 )		(959 )

NET CURRENT ASSETS (LIABILITIES)			89,995		89,995

TOTAL ASSETS LESS CURRENT LIABILITIES			2,303,000		2,303,000

NET ASSETS ATTRIBUTABLE TO MEMBERS			2,303,000		2,303,000

REPRESENTED BY:
Equity
Members' other interests
Members' capital		2,303,000		2,303,000

			2,303,000		2,303,000

TOTAL MEMBERS' INTEREST
Amounts due from members			(49,861)		(53,899)
Members' other interests			2,303,000		2,303,000

			2,253,139		2,249,101

Page 1

Page 2

MGT PPBRG LLP

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

MGTIM Limited

Designated Member

05/09/2025

The notes on page 3 form part of these financial statements.

1. General Information

MGT PPBRG LLP is a limited liability partnership, incorporated in England & Wales, registered number OC434675 . The Registered Office is 1st Floor, Healthaid House, Marlborough Hill, Harrow, HA1 1UD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)

4. Investments

	Joint Ventures
	£
Cost
As at 1 January 2024	2,213,005

As at 31 December 2024	2,213,005

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	2,213,005

As at 1 January 2024	2,213,005

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	64,905	63,598

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Other creditors	94,720	959

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