Company Registration No. 09466636 (England and Wales)
MGJB Signs Limited
Unaudited accounts
for the year ended 31 March 2026
MGJB Signs Limited
Unaudited accounts
Contents
MGJB Signs Limited
Company Information
for the year ended 31 March 2026
Director
Mark Richard Glover
Company Number
09466636 (England and Wales)
Registered Office
51 Wilmslow Road
Cheadle
Stockport
Cheshire
SK8 1HG
England
Accountants
SJM Accounting Services
51 Wilmslow Road
Cheadle
Stockport
Cheshire
SK8 1HG
MGJB Signs Limited
Statement of financial position
as at 31 March 2026
Tangible assets
1,486
2,589
Cash at bank and in hand
57,033
59,457
Creditors: amounts falling due within one year
(24,385)
(40,580)
Net current assets
60,198
57,591
Total assets less current liabilities
61,684
60,180
Provisions for liabilities
Called up share capital
10
10
Profit and loss account
61,665
60,001
Shareholders' funds
61,675
60,011
For the year ending 31 March 2026 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 his 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 26 May 2026 and were signed on its behalf by
Mark Richard Glover
Director
Company Registration No. 09466636
MGJB Signs Limited
Notes to the Accounts
for the year ended 31 March 2026
MGJB Signs Limited is a private company, limited by shares, registered in England and Wales, registration number 09466636. The registered office is 51 Wilmslow Road, Cheadle, Stockport, Cheshire, SK8 1HG, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling which is the functional currency of the company.
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 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
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
MGJB Signs Limited
Notes to the Accounts
for the year ended 31 March 2026
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 April 2025
14,000
11,269
25,269
At 31 March 2026
14,000
11,269
25,269
At 1 April 2025
14,000
11,269
25,269
At 31 March 2026
14,000
11,269
25,269
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
15,904
250
3,105
19,259
At 31 March 2026
15,904
250
3,105
19,259
At 1 April 2025
14,323
110
2,237
16,670
Charge for the year
395
35
673
1,103
At 31 March 2026
14,718
145
2,910
17,773
At 31 March 2026
1,186
105
195
1,486
At 31 March 2025
1,581
140
868
2,589
Amounts falling due within one year
Trade debtors
18,526
31,301
Accrued income and prepayments
6,174
4,563
MGJB Signs Limited
Notes to the Accounts
for the year ended 31 March 2026
8
Creditors: amounts falling due within one year
2026
2025
Trade creditors
8,039
12,968
Taxes and social security
6,414
13,869
Loans from directors
205
55
9
Deferred taxation
2026
2025
Accelerated capital allowances
9
169
Provision at start of year
169
74
(Credited)/charged to the profit and loss account
(160)
95
Provision at end of year
9
169
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
11
Average number of employees
During the year the average number of employees was 3 (2025: 5).