Registered number
14940332
MG GULYAS LTD
Filleted Accounts
30 June 2026

MG GULYAS LTD
Registered number: | 14940332
Balance Sheet
as at 30 June 2026
Notes |  |  | 2026 |  |  | 2025
£ | £
Fixed assets
Tangible assets | 3 |  |  | 355,762 |  |  | 64,331
Current assets
Debtors | 4 |  | 64,131 |  |  | 36,000
Cash at bank and in hand |  |  | 7,960 |  |  | 5,650
|  |  | 72,091 |  |  | 41,650
Creditors: amounts falling due within one year | 5 |  | (534,175) |  |  | (127,053)
Net current liabilities |  |  |  | (462,084) |  |  | (85,403)
Total assets less current liabilities |  |  |  | (106,322) |  |  | (21,072)
Provisions for liabilities |  |  |  | - |  |  | (1,298)
Net liabilities |  |  |  | (106,322) |  |  | (22,370)
Capital and reserves
Called up share capital |  |  |  | 100 |  |  | 100
Profit and loss account |  |  |  | (106,422) |  |  | (22,470)
Shareholder's funds |  |  |  | (106,322) |  |  | (22,370)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mihaela Gabriela Gulyas
Director
Approved by the board on 22 July 2026

MG GULYAS LTD
Notes to the Accounts
for the year ended 30 June 2026
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
2 | Employees | 2026 |  | 2025
Number | Number
| Average number of persons employed by the company | 3 |  | 2
3 | Tangible fixed assets
|  |  |  | Land and buildings |  | Plant and machinery etc |  | Total
£ | £ | £
| Cost
| At 1 July 2025 | 57,500 |  | 7,923 |  | 65,423
| Additions | - |  | 315,162 |  | 315,162
| At 30 June 2026 | 57,500 |  | 323,085 |  | 380,585
| Depreciation
| At 1 July 2025 | - |  | 1,092 |  | 1,092
| Charge for the year | - |  | 23,731 |  | 23,731
| At 30 June 2026 | - |  | 24,823 |  | 24,823
| Net book value
| At 30 June 2026 | 57,500 |  | 298,262 |  | 355,762
| At 30 June 2025 | 57,500 |  | 6,831 |  | 64,331
4 | Debtors | 2026 |  | 2025
£ | £
| Desposits |  | 36,000 |  | 36,000
| Deferred tax asset |  |  |  |  | 28,131 |  | -
|  |  |  |  |  | 64,131 |  | 36,000
5 | Creditors: amounts falling due within one year | 2026 |  | 2025
£ | £
| Obligations under Lease | 116,362 |  | -
| Creditors | 126,750 |  | 106,750
| Taxation and social security costs | 7,893 |  | (4,667)
| Director's loan account | 283,170 |  | 24,970
|  |  |  |  |  | 534,175 |  | 127,053
6 | Other information
| MG GULYAS LTD is a private company limited by shares and incorporated in England. Its registered office is:
| Flat 13
| 19 Bedford Street
| London
| England
| WC2E 9HP

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