Company registration number 14315637 (England and Wales)
MMGTE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
MMGTE LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
MMGTE LTD
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
3,245
654
Current assets
Debtors
4
2,389
2,203
Cash at bank and in hand
58,764
49,936
61,153
52,139
Creditors: amounts falling due within one year
5
(26,658)
(24,984)
Net current assets
34,495
27,155
Total assets less current liabilities
37,740
27,809
Provisions for liabilities
(811)
-
0
Net assets
36,929
27,809
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
36,927
27,807
Total equity
36,929
27,809

The notes on pages 3 to 5 form part of these financial statements.

MMGTE LTD
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 2 -

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 29 May 2026 and are signed on its behalf by:
Dr J H Macdonald
Mrs D G Mort
Director
Director
Company registration number 14315637 (England and Wales)
MMGTE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
1
Accounting policies
Company information

MMGTE Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 9 Nore Marsh Road, Royal Wootton Bassett, Swindon, England, SN4 8BQ.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% on cost
Computers
25% on cost
1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

MMGTE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
2
2
3
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 April 2025
-
0
994
994
Additions
1,454
2,332
3,786
At 31 March 2026
1,454
3,326
4,780
Depreciation and impairment
At 1 April 2025
-
0
340
340
Depreciation charged in the year
364
831
1,195
At 31 March 2026
364
1,171
1,535
Carrying amount
At 31 March 2026
1,090
2,155
3,245
At 31 March 2025
-
0
654
654
MMGTE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Other debtors
2,389
2,203
5
Creditors: amounts falling due within one year
2026
2025
£
£
Taxation and social security
20,852
20,058
Other creditors
5,806
4,926
26,658
24,984
2026-03-31 2025-04-01 false false false 29 May 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Dr J H Macdonald Mrs D G Mort 14315637 2025-04-01 2026-03-31 14315637 2026-03-31 14315637 2025-03-31 14315637 core:FurnitureFittings 2026-03-31 14315637 core:ComputerEquipment 2026-03-31 14315637 core:FurnitureFittings 2025-03-31 14315637 core:ComputerEquipment 2025-03-31 14315637 core:WithinOneYear 2026-03-31 14315637 core:WithinOneYear 2025-03-31 14315637 core:CurrentFinancialInstruments 2026-03-31 14315637 core:CurrentFinancialInstruments 2025-03-31 14315637 core:ShareCapital 2026-03-31 14315637 core:ShareCapital 2025-03-31 14315637 core:RetainedEarningsAccumulatedLosses 2026-03-31 14315637 core:RetainedEarningsAccumulatedLosses 2025-03-31 14315637 bus:Director1 2025-04-01 2026-03-31 14315637 bus:Director2 2025-04-01 2026-03-31 14315637 core:FurnitureFittings 2025-04-01 2026-03-31 14315637 core:ComputerEquipment 2025-04-01 2026-03-31 14315637 2024-04-01 2025-03-31 14315637 core:FurnitureFittings 2025-03-31 14315637 core:ComputerEquipment 2025-03-31 14315637 2025-03-31 14315637 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 14315637 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 14315637 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 14315637 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 14315637 bus:FRS102 2025-04-01 2026-03-31 14315637 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 14315637 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP