REGISTERED NUMBER: 05359870 (England and Wales)

Report of the Directors and

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

MGF DESIGN SERVICES LIMITED

Page

Company Information

1

Report of the Directors

2

Accountants' Report

3

Profit and Loss Account

4

Balance Sheet

5

Statement of Changes in Equity

6

Notes to the Financial Statements

7

Directors:

S D Hesketh

S J Littlewood

J G Woodward

Secretary:

K J Harrison

Registered office:

Grant House

South Lancashire Industrial Estate

Lockett Road, Ashton In Makerfield

Wigan, Lancashire

WN4 8DE

Registered number:

05359870 (England and Wales)

Accountants:

S&W Partners (Manchester) Limited

Accountants

Northern Assurance Buildings

9-21 Princess Street

Manchester

M2 4DN

The directors present their report with the financial statements of the company for the year ended 30 June 2025.

Principal activity

The Company's principal activities are the provision of temporary works design services and the design works of manufacturing equipment in connection with the construction industry.

Review of business

The profit for the year after taxation amounted to £54,308 (2024: £49,941). There were no dividends declared or paid during the year.

Directors

S D Hesketh has held office during the whole of the period from 1 July 2024 to the date of this report.

Other changes in directors holding office are as follows:

M O'Hara - resigned 2 May 2025

G Nowicki - resigned 31 March 2025

S J Littlewood - appointed 18 December 2024

J G Woodward - appointed 3 May 2025

Going concern

The Company mainly transacts with a related party and there are no concerns about the current or future solvency of that party. That party has also confirmed that it will provide financial support to the Company if required.

Small company exemption

This report has been prepared in accordance with the special provisions of the Companies Act 2006 relating to small company's.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

On behalf of the board:

J G Woodward - Director

19 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MGF Design Services Limited for the year ended 30 June 2025 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of MGF Design Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of MGF Design Services Limited and state those matters that we have agreed to state to the Board of Directors of MGF Design Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MGF Design Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that MGF Design Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of MGF Design Services Limited. You consider that MGF Design Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of MGF Design Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

S&W Partners (Manchester) Limited

Accountants

Northern Assurance Buildings

9-21 Princess Street

Manchester

M2 4DN

19 December 2025

Turnover

2,345,714

2,092,352

Cost of sales

(2,027,224

)

(1,784,392

)

Gross profit

318,490

307,960

Administrative expenses

(248,560

)

(243,066

)

Operating profit

5

69,930

64,894

Interest receivable and similar income

2,482

1,744

Profit before taxation

72,412

66,638

Tax on profit

6

(18,104

)

(16,697

)

Profit for the financial year

54,308

49,941

Fixed assets

Tangible assets

7

2,720

4,492

Current assets

Debtors

8

276,370

282,217

Cash at bank and in hand

262,274

106,350

538,644

388,567

Creditors

Amounts falling due within one year

9

389,736

295,337

Net current assets

148,908

93,230

Total assets less current liabilities

151,628

97,722

Provisions for liabilities

495

897

Net assets

151,133

96,825

Capital and reserves

Called up share capital

10

77

77

Capital redemption reserve

23

23

Retained earnings

151,033

96,725

Shareholders' funds

151,133

96,825

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2025 and were signed on its behalf by:

J G Woodward - Director

Called up

Capital

share

Retained

redemption

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 July 2023

77

46,784

23

46,884

Changes in equity

Total comprehensive income

-

49,941

-

49,941

Balance at 30 June 2024

77

96,725

23

96,825

Changes in equity

Total comprehensive income

-

54,308

-

54,308

Balance at 30 June 2025

77

151,033

23

151,133

1.	Company information

MGF Design Services Limited is a private company limited by shares and is registered and incorporated in England and Wales. The registered office is Grant House, South Lancashire Industrial Estate, Lockett Road, Ashton in Makerfield, Wigan, WN4 8DE.

The Company's principal activities are the provision of temporary works design services and the design works of manufacturing equipment in connection with the construction industry.

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the financial statements.

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime, and under the historical cost convention. The disclosure requirements of section 1A of FRS 102 have been applied.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Cash and Cash equivalents

Cash and cash equivalents are basic financial instruments and include cash in hand and deposits held at call with banks.

Turnover

Turnover comprises revenue recognised by the Company in respect of services supplied during the year, exclusive of Value Added Tax.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer software - 5 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Research and development

Research and development expenditure is charged to the profit and loss account in the year in which it is incurred.

Pensions

The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company to the fund in respect of the year,

Going concern

These financial statements have been prepared on a going concern basis. The company mainly transacts with a related party and there are no concerns about its current or future solvency. That party has confirmed that it will provide financial support to the company if required.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include other debtors, amounts owed by related parties and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

Basic financial liabilities

Basic financial liabilities, including other creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

4.	Employees and directors

The average number of employees during the year was 42 (2024 - 35 ) .

The directors did not receive any remuneration from this company.

5.	Operating profit

The operating profit is stated after charging:

2025

2024

£

£

Depreciation - owned assets

1,772

1,756

6.

Taxation

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

2025

2024

£

£

Current tax:

UK corporation tax

18,506

17,029

Deferred tax

(402

)

(332

)

Tax on profit

18,104

16,697

7.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 July 2024

and 30 June 2025

35,757

Depreciation

At 1 July 2024

31,265

Charge for year

1,772

At 30 June 2025

33,037

Net book value

At 30 June 2025

2,720

At 30 June 2024

4,492

8.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

240,592

254,667

Other debtors

35,778

27,550

276,370

282,217

9.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

3,600

-

Taxation and social security

174,152

147,435

Other creditors

211,984

147,902

389,736

295,337

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

77

Ordinary

£1

77

77

11.	Related party disclosures

During the year £2,345,714 (2024: £2,092,352) sales were charged to a company under common control. At year end the amount due from a company under common control was £240,592 (2024: £254,667). During the year £120,000 (2024: £120,000) management charges included in administrative expenses were charged from a company under common control.

12.	Ultimate controlling party

The company is ultimately controlled by the Estate of Michael O'Hara.