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# MGM REAL ESTATE LIMITED

## Company Registration Number:
15013025 (England and Wales)

## Unaudited statutory accounts for the year ended 31 July 2025

## Period of accounts

## Start date: 1 August 2024

## End date: 31 July 2025

# MGM REAL ESTATE LIMITED

## Contents of the Financial Statements

for the Period Ended 31 July 2025

Directors report |
Balance sheet |
Additional notes |
Balance sheet notes |

# MGM REAL ESTATE LIMITED

Directors' report period ended 31 July 2025

The directors present their report with the financial statements of the company for the period ended 31 July 2025

Principal activities of the company

The principal activity of the company is that buying and selling own real estate and receiving rental income.

Directors

The director shown below has held office during the whole of the period from
1 August 2024 to 31 July 2025

Murat Sahin

Secretary Murat Sahin

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
12 May 2026

And signed on behalf of the board by:
Name: Murat Sahin
Status: Secretary

# MGM REAL ESTATE LIMITED

## Balance sheet

As at 31 July 2025

| Notes | 2025 | 2024
--- | --- | --- | ---
|  | £ | £
Fixed assets
Tangible assets: | 3 | 1,139,682 | 789,682
Total fixed assets: |  | 1,139,682 | 789,682
Current assets
Debtors: | 4 | 7,400 | 5,900
Cash at bank and in hand: |  | 32,973 | 2,031
Total current assets: |  | 40,373 | 7,931
Creditors: amounts falling due within one year: | 5 | ( 32,468 ) | ( 7,137 )
Net current assets (liabilities): |  | 7,905 | 794
Total assets less current liabilities: |  | 1,147,587 | 790,476
Creditors: amounts falling due after more than one year: | 6 | ( 1,147,494 ) | ( 790,220 )
Total net assets (liabilities): |  | 93 | 256
Capital and reserves
Called up share capital: |  | 100 | 100
Profit and loss account: |  | (7 ) | 156
Total Shareholders' funds: |  | 93 | 256

The notes form part of these financial statements

# MGM REAL ESTATE LIMITED

## Balance sheet statements

For the year ending 31 July 2025 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 12 May 2026
and signed on behalf of the board by:

Name: Murat Sahin
Status: Director

The notes form part of these financial statements

# MGM REAL ESTATE LIMITED

## Notes to the Financial Statements

for the Period Ended 31 July 2025

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

  Tangible fixed assets depreciation policy

  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

  Other accounting policies

  The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

# MGM REAL ESTATE LIMITED

## Notes to the Financial Statements

for the Period Ended 31 July 2025

- ## 2. Employees

  | 2025 | 2024
  --- | --- | ---
  Average number of employees during the period | 0 | 0

# MGM REAL ESTATE LIMITED

## Notes to the Financial Statements

for the Period Ended 31 July 2025

## 3. Tangible assets

| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total
--- | --- | --- | --- | --- | --- | ---
Cost | £ | £ | £ | £ | £ | £
At 1 August 2024 | 789,682 |  |  |  |  | 789,682
Additions | 350,000 |  |  |  |  | 350,000
Disposals |  |  |  |  |  |
Revaluations |  |  |  |  |  |
Transfers |  |  |  |  |  |
At 31 July 2025 | 1,139,682 |  |  |  |  | 1,139,682
Depreciation |  |  |  |  |  |
At 1 August 2024 |  |  |  |  |  |
Charge for year |  |  |  |  |  |
On disposals |  |  |  |  |  |
Other adjustments |  |  |  |  |  |
At 31 July 2025 |  |  |  |  |  |
Net book value |  |  |  |  |  |
At 31 July 2025 | 1,139,682 |  |  |  |  | 1,139,682
At 31 July 2024 | 789,682 |  |  |  |  | 789,682

# MGM REAL ESTATE LIMITED

## Notes to the Financial Statements

for the Period Ended 31 July 2025

## 4. Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Other debtors | 7,400 | 5,900
Total | 7,400 | 5,900

# MGM REAL ESTATE LIMITED

## Notes to the Financial Statements

for the Period Ended 31 July 2025

## 5. Creditors: amounts falling due within one year note

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 23,868 | 0
Taxation and social security | 0 | 37
Other creditors | 8,600 | 7,100
Total | 32,468 | 7,137

# MGM REAL ESTATE LIMITED

## Notes to the Financial Statements

for the Period Ended 31 July 2025

## 6. Creditors: amounts falling due after more than one year note

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 358,632 | 0
Other creditors | 788,862 | 790,220
Total | 1,147,494 | 790,220

# MGM REAL ESTATE LIMITED

## Notes to the Financial Statements

for the Period Ended 31 July 2025

## 7. Financial Commitments

These accounts have been prepared 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.

# MGM REAL ESTATE LIMITED

## Notes to the Financial Statements

for the Period Ended 31 July 2025

## 8. Loans to directors

Name of director receiving advance or credit: | Murat Sahin
Description of the transaction:
Loans from Director to purchase a real estate
| £
--- | ---
Balance at 31 July 2024 | 790,220
Advances or credits made: |
Advances or credits repaid: | 1,358
Balance at 31 July 2025 | 788,862