Company registration number 03328760 (England and Wales)
MEGA TRADING & SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
MEGA TRADING & SERVICES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
MEGA TRADING & SERVICES LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
-
0
-
0
Tangible assets
5
1,817
1,834
Investment property
6
1,504,705
1,504,705
1,506,522
1,506,539
Current assets
Debtors
7
71,959
67,458
Cash at bank and in hand
71,538
114,747
143,497
182,205
Creditors: amounts falling due within one year
8
(200,120)
(201,406)
Net current liabilities
(56,623)
(19,201)
Total assets less current liabilities
1,449,899
1,487,338
Provisions for liabilities
(104,450)
(104,450)
Net assets
1,345,449
1,382,888
Capital and reserves
Called up share capital
10
5,000
5,000
Profit and loss reserves
11
1,340,449
1,377,888
Total equity
1,345,449
1,382,888
MEGA TRADING & SERVICES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year 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 financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 5 February 2026 and are signed on its behalf by:
Mr S Vaghani
Director
Company registration number 03328760 (England and Wales)
MEGA TRADING & SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

Mega Trading & Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5C Greenheys Close, Northwood, Middlesex, HA6 2FR.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment
- 15% on reducing balance
Computer equipment
- 25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.3
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

MEGA TRADING & SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.7
Leases

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

1.8
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
4
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
-
0
31,116
Adjustments in respect of prior periods
(8,778)
-
0
Total current tax
(8,778)
31,116
MEGA TRADING & SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
4
Taxation
2025
2024
£
£
(Continued)
- 5 -
Deferred tax
Origination and reversal of timing differences
-
0
(83,025)
Total tax credit
(8,778)
(51,909)
5
Tangible fixed assets
Fixtures, fittings & equipment
Computer equipment
Total
£
£
£
Cost
At 1 January 2025
4,030
6,813
10,843
Additions
-
0
699
699
At 31 December 2025
4,030
7,512
11,542
Depreciation and impairment
At 1 January 2025
3,920
5,089
9,009
Depreciation charged in the year
110
606
716
At 31 December 2025
4,030
5,695
9,725
Carrying amount
At 31 December 2025
-
0
1,817
1,817
At 31 December 2024
110
1,724
1,834
6
Investment property
2025
£
Fair value
At 1 January 2025 and 31 December 2025
1,504,705

In the opinion of the directors, the fair value of the investment properties is not materially different to that stated at the balance sheet date.

MEGA TRADING & SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 6 -
7
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
63,179
67,458
Corporation tax recoverable
8,778
-
0
Other debtors
2
-
0
71,959
67,458
8
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
47,473
48,246
Corporation tax
-
0
31,116
Other taxation and social security
-
0
135
Other creditors
152,647
121,909
200,120
201,406
9
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
2025
2024
Balances:
£
£
Revaluations
104,450
104,450
There were no deferred tax movements in the year.
10
Called up share capital
2025
2024
Ordinary share capital
£
£
Issued and fully paid
5000 Ordinary shares of £1 each
5,000
5,000
11
Profit and loss reserves

Profit and loss reserves include non distributable reserves of £421,361 (2024: £421,361) being the revaluation reserves.

MEGA TRADING & SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 7 -
12
Related party transactions

At the balance sheet date, the amount due to the directors amounted to £150,947 (2024: £120,209).

The loan is unsecured, interest free and repayable on demand.

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