ACCOUNTS - Final Accounts preparation

Registered number: 15819714

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE PERIOD ENDED 31 JULY 2025

	MGR KENT LIMITED


MGR KENT LIMITED

COMPANY INFORMATION

Director	M McElduff


Registered number	15819714


Registered office	Cheeca Lodge
	Flower Lane
	Godstone
	Surrey
	RH9 8DE


Accountants	Menzies LLP
	Chartered Accountants
	2nd Floor, Origin One
	108 High Street
	Crawley
	RH10 1BD


MGR KENT LIMITED REGISTERED NUMBER: 15819714

STATEMENT OF FINANCIAL POSITION

AS AT 31 JULY 2025

		2025
Note		£


Current assets
Stocks		6,253,953
Debtors: amounts falling due within one year		100
Cash at bank and in hand		63
		6,254,116
Creditors: amounts falling due within one year	5	(6,257,696)
Net current liabilities			(3,580)
Total assets less current liabilities			(3,580)

Net liabilities			(3,580)

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MGR KENT LIMITED REGISTERED NUMBER: 15819714

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JULY 2025

		2025
		£

Capital and reserves
Called up, allotted and fully paid share capital			100
Profit and loss account			(3,680)
			(3,580)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

M McElduff

Director

Date: 13 July 2026

The notes on pages 3 to 4 form part of these financial statements.

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MGR KENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2025

1.	General information

MGR Kent Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the company information page.

The Company was incorporated on 4 July 2024 and commenced trading on this date.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Going concern

As at 31 July 2025 the statement of financial position reports net current liabilities of £3,580. The Company is reliant upon the continued support of its directors and its creditors, who confirm their continued financial support of the company. The directors therefore consider it appropriate to prepare the accounts on a going concern basis.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Employees

The average monthly number of employees, including directors, during the period was 2.

Debtors

					2025
					£


	Amounts owed by group undertakings	100
		100

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MGR KENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2025

5.	Creditors: Amounts falling due within one year
		2025
		£

	Other creditors	6,254,246
	Accruals and deferred income	3,450
		6,257,696

Other creditors are secured by fixed and floating charges held by P1 Capital Partners Limited and Paragon Development Finance Limited in respect of loans to MGR Kent Limited. These are secured against the Company's assets and undertakings.

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