1 September 2024 false No description of principal activity Taxfiler 2024.6 14277583 business:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 14277583 2024-08-31 14277583 2024-09-01 2025-08-31 14277583 business:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 14277583 business:FilletedAccounts 2024-09-01 2025-08-31 14277583 2025-08-31 14277583 business:Director1 2024-09-01 2025-08-31 14277583 business:RegisteredOffice 2024-09-01 2025-08-31 14277583 2024-08-31 14277583 core:WithinOneYear 2025-08-31 14277583 core:WithinOneYear 2024-08-31 14277583 core:ShareCapital core:PreviouslyStatedAmount 2025-08-31 14277583 core:ShareCapital core:PreviouslyStatedAmount 2024-08-31 14277583 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-08-31 14277583 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-08-31 14277583 core:PreviouslyStatedAmount 2025-08-31 14277583 core:PreviouslyStatedAmount 2024-08-31 14277583 business:SmallEntities 2024-09-01 2025-08-31 14277583 countries:EnglandWales 2024-09-01 2025-08-31 14277583 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Company Registration No. 14277583 (England and Wales)
MGM OBI LIMITED Unaudited accounts for the year ended 31 August 2025
MGM OBI LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
MGM OBI LIMITED Company Information for the year ended 31 August 2025
Director
Mrs. Grace Olufunke Obisesan
Company Number
14277583 (England and Wales)
Registered Office
3 SYCAMORE ROAD HOUGHTON REGIS DUNSTABLE LU5 5NQ ENGLAND
- 3 -
MGM OBI LIMITED Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Current assets
Debtors
4
2,213
3,542
Cash at bank and in hand
278
214
2,491
3,756
Creditors: amounts falling due within one year
5
-
(193)
Net current assets
2,491
3,563
Net assets
2,491
3,563
Capital and reserves
Called up share capital
10
10
Profit and loss account
2,481
3,553
Shareholders' funds
2,491
3,563
For the year ending 31 August 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 19 January 2026 and were signed on its behalf by
Mrs. Grace Olufunke Obisesan Director Company Registration No. 14277583
- 4 -
MGM OBI LIMITED Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
MGM OBI LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14277583. The registered office is 3 SYCAMORE ROAD, HOUGHTON REGIS, DUNSTABLE, LU5 5NQ, 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 remained unchanged from the previous year, and also 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
2024
£
£
Amounts falling due within one year
Other debtors
2,213
3,542
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
-
193
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 5 -