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Company Registration No. 10981738 (England and Wales)
MGW (NW) Limited Unaudited accounts for the year ended 30 September 2025
MGW (NW) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MGW (NW) Limited Company Information for the year ended 30 September 2025
Directors
Mark Williams Gemma Marie Williams
Company Number
10981738 (England and Wales)
Registered Office
50 MOOR ROAD ORRELL WIGAN LANCASHIRE WN5 8RR UNITED KINGDOM
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MGW (NW) Limited Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,546
2,394
Current assets
Debtors
5
16,171
10,000
Cash at bank and in hand
68,622
56,335
84,793
66,335
Creditors: amounts falling due within one year
6
(57,679)
(34,438)
Net current assets
27,114
31,897
Total assets less current liabilities
28,660
34,291
Creditors: amounts falling due after more than one year
7
(19,411)
(28,140)
Provisions for liabilities
Deferred tax
(386)
(575)
Net assets
8,863
5,576
Capital and reserves
Called up share capital
100
100
Profit and loss account
8,763
5,476
Shareholders' funds
8,863
5,576
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 12 November 2025 and were signed on its behalf by
Mark Williams Director Company Registration No. 10981738
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MGW (NW) Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
MGW (NW) Limited is a private company, limited by shares, registered in England and Wales, registration number 10981738. The registered office is 50 MOOR ROAD, ORRELL, WIGAN, LANCASHIRE, WN5 8RR, UNITED KINGDOM.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
3 years straight line
Fixtures & fittings
3 years straight line
Computer equipment
3 years straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 October 2024
1,246
3,098
5,321
9,665
Additions
-
864
233
1,097
At 30 September 2025
1,246
3,962
5,554
10,762
Depreciation
At 1 October 2024
853
1,866
4,552
7,271
Charge for the year
257
881
807
1,945
At 30 September 2025
1,110
2,747
5,359
9,216
Net book value
At 30 September 2025
136
1,215
195
1,546
At 30 September 2024
393
1,232
769
2,394
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MGW (NW) Limited Notes to the Accounts for the year ended 30 September 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
7,488
-
Accrued income and prepayments
2,191
-
Other debtors
6,492
10,000
16,171
10,000
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
8,571
7,494
VAT
10,153
10,529
Trade creditors
143
81
Taxes and social security
38,812
16,334
57,679
34,438
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
19,411
28,140
8
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Cash Advance
-
3,246
3,246
-
Cash Advance
-
3,246
3,246
-
-
6,492
6,492
-
Cash advance cleared down by dividend dated 30.04.2026
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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