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Company Registration No. 08133412 (England and Wales)
MGM Surveying Services Ltd Unaudited accounts for the year ended 31 March 2026
MGM Surveying Services Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MGM Surveying Services Ltd Company Information for the year ended 31 March 2026
Director
Mr M Myatt
Company Number
08133412 (England and Wales)
Registered Office
48 Beechcroft Road Bushey Watford Herts WD23 2JU UK
Accountants
Fielding Accountancy Services Ltd 48 Beechcroft Road Bushey Herts WD23 2JU
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MGM Surveying Services Ltd Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
49,667
53,151
Current assets
Debtors
5
9,885
9,093
Cash at bank and in hand
32,695
22,874
42,580
31,967
Creditors: amounts falling due within one year
6
(26,047)
(36,269)
Net current assets/(liabilities)
16,533
(4,302)
Total assets less current liabilities
66,200
48,849
Creditors: amounts falling due after more than one year
7
(25,650)
(31,359)
Provisions for liabilities
Deferred tax
(3,656)
(7,590)
Net assets
36,894
9,900
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
36,794
9,800
Shareholders' funds
36,894
9,900
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 23 April 2026 and were signed on its behalf by
Mr M Myatt Director Company Registration No. 08133412
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MGM Surveying Services Ltd Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
MGM Surveying Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 08133412. The registered office is 48 Beechcroft Road, Bushey, Watford, Herts, WD23 2JU, UK.
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.
Turnover
Turnover represents net invoices fees and services to customers,.
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:
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
Deferred taxation
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.
Pension costs
The company operates a defined contribution scheme for the benefit of its director. Contributions payable are recognised in the profit and loss account when due.
Going concern
These Financial Statements have been prepared on a going concern basis.
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MGM Surveying Services Ltd Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2025
13,200
45,240
5,217
7,594
71,251
Additions
3,667
-
-
765
4,432
At 31 March 2026
16,867
45,240
5,217
8,359
75,683
Depreciation
At 1 April 2025
-
9,048
3,541
5,511
18,100
Charge for the year
-
7,238
251
427
7,916
At 31 March 2026
-
16,286
3,792
5,938
26,016
Net book value
At 31 March 2026
16,867
28,954
1,425
2,421
49,667
At 31 March 2025
13,200
36,192
1,676
2,083
53,151
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
9,885
9,093
6
Creditors: amounts falling due within one year
2026
2025
£
£
Obligations under finance leases and hire purchase contracts
6,324
6,324
Taxes and social security
9,206
9,141
Other creditors
8,238
7,953
Loans from directors
2,279
12,851
26,047
36,269
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Obligations under finance leases and hire purchase contracts
25,650
31,359
8
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
The Company was under the control of Mr M Myatt throughout the current year. He is the only director and shareholder.
10
Average number of employees
During the year the average number of employees was 2 (2025: 1).
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