MGLB Contracts Ltd

MGLB Contracts Ltd
Contents Page
For the year ended 31 March 2025

Company information	1
Directors' report	2
Income statement	3
Statement of financial position	4
Notes to the financial statements	5

MGLB Contracts Ltd
Company Information
For the year ended 31 March 2025

Directors	Kerry Keeble Keeble Andrew Keeble
Registered Number	12106193
Registered Office	15 Glebe Road Heybridge Maldon Essex CM9 4AR

1

MGLB Contracts Ltd
Directors' Report
For the year ended 31 March 2025

Director's report and financial statements

The directors present their annual report and the financial statements for the year ended 31 March 2025.

This report was approved by the board and signed on its behalf by:

----------------------------------
Kerry Keeble Keeble
Director

Date approved: 20 December 2025

2

MGLB Contracts Ltd
Income Statement
For the year ended 31 March 2025

	2025 £	2024 £
Turnover	161,251	82,536
Cost of sales	(118,634)	(59,040)
Gross profit	42,617	23,496
Administrative expenses	(26,663)	(24,193)
Operating profit/(loss)	15,954	(697)
Other interest receivable and similar income	18	0
Profit/(Loss) on ordinary activities before taxation	15,972	(697)
Tax on profit on ordinary activities	(3,107)	0
Profit/(Loss) for the financial year	12,865	(697)

3

MGLB Contracts Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Current assets
Debtors	3	18,346	4,887
Cash at bank and in hand		26,090	135
		44,436	5,022
Creditors: amount falling due within one year	4	(38,156)	(3,207)
Net current assets		6,280	1,815

Total assets less current liabilities		6,280	1,815
Net assets		6,280	1,815

Capital and reserves
Called up share capital	5	2	2
Profit and loss account		6,278	1,813
Shareholders' funds		6,280	1,815

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 20 December 2025 and were signed on its behalf by:

-------------------------------
Kerry Keeble Keeble
Director

4

MGLB Contracts Ltd
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

MGLB Contracts Ltd is a private company, limited by shares, registered in England and Wales, registration number 12106193, registration address 15 Glebe Road, Heybridge, Maldon, Essex, CM9 4AR.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

2.	Average number of employees Average number of employees during the year was 20 (2024 : 20).

3.

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	12,864	(30)
Other Debtors	5,482	0
CIS Control Account	0	945
Directors' Current Accounts	0	3,972
	18,346	4,887

4.

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	86	86
Corporation Tax	3,696	0
PAYE & Social Security	6,702	1,206
CIS Control Account	3,139	0
Accrued Expenses	1,073	1,915
Other Creditors	3,766	0
Wages & Salaries Control Account	1,143	0
Directors' Current Accounts	76	0
VAT	18,475	0
	38,156	3,207

5.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
2 Class A shares of £1.00 each	2		2
	2		2

5

Registered Number: 12106193
England and Wales
MGLB CONTRACTS LTD

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025