REGISTERED NUMBER: 12607615 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

M TRADING GROUP HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr S Milne

Mr J Lennox

Mr A Huckle

REGISTERED OFFICE:

Unit 2 Blackhill Drive

Wolverton Mill

Milton Keynes

MK12 5TS

REGISTERED NUMBER:

12607615 (England and Wales)

AUDITORS:

Xeinadin Audit Limited, Stautory Auditor

8th Floor, Becket House

36 Old Jewry

London

EC2R 8DD

FIXED ASSETS

Tangible assets

4

-

153

CURRENT ASSETS

Stocks

-

52,250

Debtors

5

127,988

183,371

Cash at bank

4,721

106,209

132,709

341,830

CREDITORS

Amounts falling due within one year

6

185,448

385,650

NET CURRENT LIABILITIES

(52,739

)

(43,820

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(52,739

)

(43,667

)

RESERVES

Retained earnings

(52,739

)

(43,667

)

(52,739

)

(43,667

)

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 December 2025 and were signed on its behalf by:

Mr J Lennox - Director

1.	STATUTORY INFORMATION

M Trading Group Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Rounding

All financial figures have been rounded off to the nearest pound.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

22,812

Disposals

16,213

Reclassification/transfer

(19,500

)

At 31 December 2024

19,525

DEPRECIATION

At 1 January 2024

22,659

Eliminated on disposal

(209

)

Reclassification/transfer

(2,925

)

At 31 December 2024

19,525

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

153

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

-

20,908

Amounts owed by group undertakings

35,000

-

Amounts owed by participating interests

75,000

124,900

Other debtors

17,988

37,563

127,988

183,371

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

15,233

1,994

Amounts owed to group undertakings

161,956

-

Amounts owed to participating interests

-

107,576

Taxation and social security

-

90,576

Other creditors

8,259

185,504

185,448

385,650

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Thurairatnam Sudarshan, FCCA (Senior Statutory Auditor)

for and on behalf of Xeinadin Audit Limited, Stautory Auditor

8.	ULTIMATE CONTROLLING PARTY

On 9 January 2024, FSG Services Group Limited acquired 100% of the share capital of M Trading Group Holdings Limited.

FSG Services Group Limited, a company registered in England and Wales, is the immediate and ultimate parent company. The smallest and largest group in which the results of the company will be consolidated is FSG Services Group Limited, whose accounts can be obtained from the registered office at Unit 2, Blackhill Drive, Wolverton Mill, Milton Keynes, England, MK12 5TS.