27 March 2024 false No description of principal activity Taxfiler 2024.6 15596665 business:PrivateLimitedCompanyLtd 2024-03-27 2025-03-31 15596665 2024-03-26 15596665 2024-03-27 2025-03-31 15596665 business:AuditExemptWithAccountantsReport 2024-03-27 2025-03-31 15596665 business:FilletedAccounts 2024-03-27 2025-03-31 15596665 2025-03-31 15596665 business:Director1 2024-03-27 2025-03-31 15596665 business:RegisteredOffice 2024-03-27 2025-03-31 15596665 core:WithinOneYear 2025-03-31 15596665 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 15596665 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 15596665 core:PreviouslyStatedAmount 2025-03-31 15596665 business:SmallEntities 2024-03-27 2025-03-31 15596665 countries:EnglandWales 2024-03-27 2025-03-31 iso4217:GBP xbrli:pure
Company Registration No. 15596665 (England and Wales)
MGKASSETS LTD Unaudited accounts for the period from 27 March 2024 to 31 March 2025
MGKASSETS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MGKASSETS LTD Company Information for the period from 27 March 2024 to 31 March 2025
Director
MAKADDUS GUL KHAN
Company Number
15596665 (England and Wales)
Registered Office
10 Edison Close London London E17 7TA England
Accountants
SYED ARIF & CO (ACCOUNTANTS) 114 CRANBROOK ROAD ILFORD ESSEX IG1 4LZ
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MGKASSETS LTD Statement of financial position as at 31 March 2025
2025
Notes
£
Current assets
Debtors
4
3,909
Cash at bank and in hand
4,512
8,421
Creditors: amounts falling due within one year
5
(2,636)
Net current assets
5,785
Net assets
5,785
Capital and reserves
Called up share capital
1
Profit and loss account
5,784
Shareholders' funds
5,785
For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 January 2026 and were signed on its behalf by
MAKADDUS GUL KHAN Director Company Registration No. 15596665
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MGKASSETS LTD Notes to the Accounts for the period from 27 March 2024 to 31 March 2025
1
Statutory information
MGKASSETS LTD is a private company, limited by shares, registered in England and Wales, registration number 15596665. The registered office is 10 Edison Close, London, London, E17 7TA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2025
£
Amounts falling due within one year
Trade debtors
3,909
5
Creditors: amounts falling due within one year
2025
£
Taxes and social security
1,474
Loans from directors
812
Accruals
350
2,636
6
Average number of employees
During the period the average number of employees was 0.
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