MAG Equity Evolution Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 15028276

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,889		2,259
Investment Properties	5		84,850		81,918

			86,739		84,177
CURRENT ASSETS
Stocks	6	870		870
Cash at bank and in hand		2,006		3,099

		2,876		3,969
NET CURRENT ASSETS (LIABILITIES)			2,876		3,969

TOTAL ASSETS LESS CURRENT LIABILITIES			89,615		88,146

Creditors: Amounts Falling Due After More Than One Year	7		(114,916 )		(85,464 )

NET (LIABILITIES)/ASSETS			(25,301 )		2,682

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(25,401 )		2,582

SHAREHOLDERS' FUNDS			(25,301)		2,682

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MAG Equity Evolution Limited

Balance Sheet (continued)

As At 31 March 2026

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 member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr M A Garstin

Director

10/06/2026

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

1. General Information

MAG Equity Evolution Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15028276 . The registered office is 122 West Street, Banbury, OX16 3TX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Revenue from rental income is recognised on a straight-line basis over the lease term. This is in accordance with Section 23 of FRS 102. Rental income represents amounts receivable for the use of the companies investment properties.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	not depreciated
Plant & Machinery	varying rates on cost
Computer Equipment	25% on reducing balance

2.4. Investment Properties

Investment properties are initially recorded at cost, encompassing the purchase price along with any directly attributable expenditures essential for preparing the asset for its intended use.

Upon initial recognition, investment properties are subsequently measured at fair value at each reporting date. The determination of fair value is by the income-based method, which specifically employs discounted net cash flows anticipated from future rental income. This methodology offers a more precise representation of the asset’s net present value to the business by considering its potential to generate income over time.

The discount rate applied is unique to each asset and reflects various factors, including the condition of the property, its location, prevailing market conditions, and inherent risks associated with the investment. This comprehensive assessment ensures that the valuation accurately captures both current market dynamics and future income potential.

No depreciation is recognised for investment properties under this accounting policy. Instead, these assets are valued based on their fair market value at each reporting date, reflecting their current worth rather than a systematic allocation of cost over time. This income-based treatment aligns with the objective of providing stakeholders with timely and relevant information regarding the financial position of investment properties held by the entity.

Any changes in fair value are recognised in the profit and loss account.

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MAG Equity Evolution Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost or Valuation
As at 1 April 2025	1,604	1,380	2,984
Additions	38	28	66

As at 31 March 2026	1,642	1,408	3,050

Depreciation
As at 1 April 2025	208	517	725
Provided during the period	213	223	436

As at 31 March 2026	421	740	1,161

Net Book Value
As at 31 March 2026	1,221	668	1,889

As at 1 April 2025	1,396	863	2,259

5. Investment Property

	2026
	£
Fair Value
As at 1 April 2025	81,918
Revaluations	2,932

As at 31 March 2026	84,850

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2026	2025
	£	£
Cost	41,933	41,933

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MAG Equity Evolution Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Stocks

	2026	2025
	£	£
Consumables and materials	870	870

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Mortgages	39,690	-
Other creditors	75,226	85,464

	114,916	85,464

The amount of £75,221 included within other creditors (amounts falling due after more than one year) relates to a directors' loan from Mr. Matthew Garstin, the sole director and equity owner of the company. The loan is repayable at the director's discretion. The company has the full backing of the director and he will support the company personally to meet any cash flow needs.

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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