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
MGM Surveying Services Ltd
Company Information
for the year ended 31 March 2026
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
MGM Surveying Services Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
49,667
53,151
Cash at bank and in hand
32,695
22,874
Creditors: amounts falling due within one year
(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
(25,650)
(31,359)
Provisions for liabilities
Deferred tax
(3,656)
(7,590)
Called up share capital
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
MGM Surveying Services Ltd
Notes to the Accounts
for the year ended 31 March 2026
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.
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.
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 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.
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.
These Financial Statements have been prepared on a going concern basis.
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
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
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
Amounts falling due within one year
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
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
25,650
31,359
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).