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Company Registration No. 10839206 (England and Wales)
MG Construction LTU Limited Unaudited accounts for the year ended 30 June 2025
MG Construction LTU Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MG Construction LTU Limited Company Information for the year ended 30 June 2025
Director
Mr Mantas Gramauskas
Company Number
10839206 (England and Wales)
Registered Office
55 Swiftsure Road Chafford Hundred Grays Essex RM16 6YB England
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MG Construction LTU Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
337
-
Current assets
Debtors
5
36,056
10,600
Cash at bank and in hand
4,046
2,250
40,102
12,850
Creditors: amounts falling due within one year
6
(7,612)
(7,975)
Net current assets
32,490
4,875
Total assets less current liabilities
32,827
4,875
Creditors: amounts falling due after more than one year
7
(8,622)
(4,874)
Net assets
24,205
1
Capital and reserves
Called up share capital
8
1
1
Profit and loss account
24,204
-
Shareholders' funds
24,205
1
For the year ending 30 June 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 13 October 2025 and were signed on its behalf by
Mr Mantas Gramauskas Director Company Registration No. 10839206
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MG Construction LTU Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
MG Construction LTU Limited is a private company, limited by shares, registered in England and Wales, registration number 10839206. The registered office is 55 Swiftsure Road, Chafford Hundred, Grays, Essex, RM16 6YB, 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
Depreciation is calculated at 25% on a straight line basis
Computer equipment
Depreciation is calculated at 25% on a straight line basis
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 July 2024
3,600
830
4,430
Additions
-
449
449
At 30 June 2025
3,600
1,279
4,879
Depreciation
At 1 July 2024
3,600
830
4,430
Charge for the year
-
112
112
At 30 June 2025
3,600
942
4,542
Net book value
At 30 June 2025
-
337
337
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
12,764
10,140
Amounts falling due after more than one year
Other debtors
23,292
460
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MG Construction LTU Limited Notes to the Accounts for the year ended 30 June 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
7,612
7,975
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
2,301
4,402
Taxes and social security
6,321
472
8,622
4,874
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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