REGISTERED NUMBER: 07270555 (England and Wales)

Financial Statements

for the Year Ended 30th June 2025

for

MPG CONSTRUCTION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M P Gallagher

Ms N O Grimes

SECRETARIES:

M P Gallagher

Ms N O Grimes

REGISTERED OFFICE:

61 Pear Tree Walk

Cheshunt

Hertfordshire

EN7 6RG

REGISTERED NUMBER:

07270555 (England and Wales)

ACCOUNTANTS:

Attenboroughs (Accountants) Limited

Chartered Certified Accountants

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

FIXED ASSETS

Tangible assets

4

31,122

3,625

CURRENT ASSETS

Debtors

5

67,115

16,528

Cash at bank

253,782

166,906

320,897

183,434

CREDITORS

Amounts falling due within one year

6

112,142

83,673

NET CURRENT ASSETS

208,755

99,761

TOTAL ASSETS LESS CURRENT LIABILITIES

239,877

103,386

PROVISIONS FOR LIABILITIES

4,935

689

NET ASSETS

234,942

102,697

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

234,842

102,597

SHAREHOLDERS' FUNDS

234,942

102,697

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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 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 1st October 2025 and were signed on its behalf by:

M P Gallagher - Director

1.	STATUTORY INFORMATION

MPG CONSTRUCTION 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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st July 2024

421

489

14,875

10,556

26,341

Additions

-

-

38,591

1,140

39,731

Disposals

-

-

(14,875

)

-

(14,875

)

At 30th June 2025

421

489

38,591

11,696

51,197

DEPRECIATION

At 1st July 2024

184

409

13,015

9,108

22,716

Charge for year

59

20

9,648

647

10,374

Eliminated on disposal

-

-

(13,015

)

-

(13,015

)

At 30th June 2025

243

429

9,648

9,755

20,075

NET BOOK VALUE

At 30th June 2025

178

60

28,943

1,941

31,122

At 30th June 2024

237

80

1,860

1,448

3,625

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/25

30/6/24

£

£

Trade debtors

59,024

7,752

VAT

8,091

8,776

67,115

16,528

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/25

30/6/24

£

£

Trade creditors

794

2,777

Tax

93,929

77,991

Social security and other taxes

3,181

119

Directors' current accounts

12,766

1,373

Accrued expenses

1,472

1,413

112,142

83,673

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/6/25

30/6/24

value:

£

£

100

Ordinary

£1

100

100

8.	ULTIMATE CONTROLLING PARTY

The controlling party is M P Gallagher.