MCG DAVIES LTD - Accounts

MCG DAVIES LTD
Contents Page
For the Period 09 April 2024 to 30 April 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

MCG DAVIES LTD Accountants' Report For the Period 09 April 2024 to 30 April 2025
Accountants report You consider that the company is exempt from an audit for the year ended 30 April 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. LJ Accountancy Services Ltd 30 April 2025 .................................................... LJ Accountancy Services Ltd Penffynnon Hawthorn Rise Haverfordwest SA61 2AX 29 December 2025 1

MCG DAVIES LTD
Accountants' Report
For the Period 09 April 2024 to 30 April 2025

Accountants report
You consider that the company is exempt from an audit for the year ended 30 April 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
LJ Accountancy Services Ltd
30 April 2025

....................................................

LJ Accountancy Services Ltd
Penffynnon
Hawthorn Rise
Haverfordwest
SA61 2AX
29 December 2025

1

MCG DAVIES LTD
Statement of Financial Position
As at 30 April 2025

	Notes	2025 £
Fixed assets
Tangible fixed assets	3	24,848
		24,848
Current assets
Stocks		6,000
Debtors		25,249
Cash at bank and in hand		9,272
		40,521
Creditors: amount falling due within one year		(21,209)
Net current assets		19,312

Total assets less current liabilities		44,160
Creditors: amount falling due after more than one year		(48,829)
Net assets		(4,669)

Capital and reserves
Called up share capital	4	1
Profit and loss account		(4,670)
Shareholders' funds		(4,669)

For the period ended 30 April 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 period 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 29 December 2025 and were signed on its behalf by:

-------------------------------
Rhian Katherine Davies
Director

2

MCG DAVIES LTD
Notes to the Abridged Financial Statements
For the Period 09 April 2024 to 30 April 2025

General Information

MCG DAVIES LTD is a private company, limited by shares, registered in England and Wales, registration number 15630486, registration address Willards Way, Guilderoy Road, Hundleton, Pembrokeshire, SA71 5RR.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The company is a going concern due to the support of its directors, who are the company's main creditor. The company owes its directors £38,820 at the balance date. Accordingly, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	4 years Straight Line
Motor Vehicles	5 years Straight Line
Fixtures and Fittings	4 years Straight Line
Computer Equipment	4 years Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the period was 17.

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 09 April 2024	-	-	-	-	-
Additions	4,075	21,697	1,849	4,064	31,685
Disposals	-	-	-	-	-
At 30 April 2025	4,075	21,697	1,849	4,064	31,685
Depreciation
At 09 April 2024	-	-	-	-	-
Charge for period	1,019	4,340	462	1,016	6,837
On disposals	-	-	-	-	-
At 30 April 2025	1,019	4,340	462	1,016	6,837
Net book values
Closing balance as at 30 April 2025	3,056	17,357	1,387	3,048	24,848
Opening balance as at 09 April 2024	-	-	-	-	-

4.

Share Capital

Allotted, called up and fully paid	2025 £
1 Ordinary share of £1.00 each	1
	1

3

Registered Number: 15630486
England and Wales
MCG DAVIES LTD

Abridged Accounts

Period of accounts Start date: 09 April 2024 End date: 30 April 2025