REGISTERED NUMBER: 11155235 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

NGM (Middx) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Nagalingam

Mrs L Nagalingam

REGISTERED OFFICE:

6 Blenheim Garden

Wembley

HA9 7NP

REGISTERED NUMBER:

11155235 (England and Wales)

ACCOUNTANTS:

City Wise Accountants Ltd

Chartered Accountants & Registered Auditors

19 Tintern Avenue

London

NW9 0RH

FIXED ASSETS

Tangible assets

4

1,448,312

1,497,750

CURRENT ASSETS

Stocks

192,759

185,756

Debtors

5

1,231,934

739,277

Cash at bank

725

64,657

1,425,418

989,690

CREDITORS

Amounts falling due within one year

6

454,133

813,320

NET CURRENT ASSETS

971,285

176,370

TOTAL ASSETS LESS CURRENT LIABILITIES

2,419,597

1,674,120

CREDITORS

Amounts falling due after more than one year

7

1,515,788

964,645

NET ASSETS

903,809

709,475

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

903,808

709,474

903,809

709,475

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 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 31 December 2025 and were signed on its behalf by:

M Nagalingam - Director

1.	STATUTORY INFORMATION

NGM (Middx) Ltd 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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2024

and 31 March 2025

1,695,502

DEPRECIATION

At 1 April 2024

197,752

Charge for year

49,438

At 31 March 2025

247,190

NET BOOK VALUE

At 31 March 2025

1,448,312

At 31 March 2024

1,497,750

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

44,062

15,937

Other debtors

1,187,872

723,340

1,231,934

739,277

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other creditors consist of director's loan account. The company owes Mr N G Maheswaran who is a director and shareholder of the company.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,515,788

964,645

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,466,742

915,599

Other creditors consist of director's loan account. The company owes Mr N G Maheswaran who is a director and shareholder of the company.