REGISTERED NUMBER: 04822237 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

M. G. BUILDING SERVICES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr M Gallagher

SECRETARY:

Mrs H E Gallagher

REGISTERED OFFICE:

1, B Manor Road

Eastham

Wirral

Merseyside

CH62 8BW

REGISTERED NUMBER:

04822237 (England and Wales)

ACCOUNTANTS:

LBW Chartered Accountants

Enterprise House

The Courtyard

Old Courthouse Road

Bromborough

Merseyside

CH62 4UE

FIXED ASSETS

Tangible assets

4

424

840

CURRENT ASSETS

Debtors

5

13,582

33,741

Cash at bank and in hand

4,677

50

18,259

33,791

CREDITORS

Amounts falling due within one year

6

53,320

59,764

NET CURRENT LIABILITIES

(35,061

)

(25,973

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(34,637

)

(25,133

)

CREDITORS

Amounts falling due after more than one year

7

6,934

12,134

NET LIABILITIES

(41,571

)

(37,267

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

(41,671

)

(37,367

)

SHAREHOLDERS' FUNDS

(41,571

)

(37,267

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 April 2026 and were signed by:

Mr M Gallagher - Director

1.	STATUTORY INFORMATION

M. G. Building Services Limited 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

The financial statements have been prepared on the basis that the enterprise will continue in operational existence for the foreseeable future. This means in particular that the profit and loss account and balance sheet assume no intention nor necessity to liquidate or curtail significantly the scale of operation. Further, the financial statements have been prepared on the basis that continued support will be given by the company's director.

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.

Plant and machinery etc

-

33% on cost and 25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

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 5 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

and 31 July 2025

12,124

DEPRECIATION

At 1 August 2024

11,284

Charge for year

416

At 31 July 2025

11,700

NET BOOK VALUE

At 31 July 2025

424

At 31 July 2024

840

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

8,582

28,741

Other debtors

5,000

5,000

13,582

33,741

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

5,200

9,634

Trade creditors

12,034

15,602

Taxation and social security

3,611

5,018

Other creditors

32,475

29,510

53,320

59,764

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

6,934

12,134

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 August 2024

(37,367

)

Deficit for the year

(4,304

)

At 31 July 2025

(41,671

)

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

included within other creditors is an amount of £29,471 (2024 - £26,219) relating to the directors loan account of Mr M Gallagher, director of the company.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M Gallagher.