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11371985falsewholesale of clothing and footwear2024-11-012025-10-31http://www.companieshouse.gov.uk/2024-10-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-11-012025-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-10-31http://www.companieshouse.gov.uk/cd:Director12024-11-012025-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-10-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-10-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-10-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-11-012025-10-31http://www.companieshouse.gov.uk/pt:MotorCars2024-10-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-10-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-11-012025-10-31http://www.companieshouse.gov.uk/pt:MotorCars2025-10-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-11-012025-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-10-31http://www.companieshouse.gov.uk/2024-11-012025-10-31http://www.companieshouse.gov.uk/2024-10-31http://www.companieshouse.gov.uk/cd:FRS1022024-11-012025-10-31http://www.companieshouse.gov.uk/2025-10-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-11-012025-10-31http://www.companieshouse.gov.uk/cd:FilletedAccounts2024-11-012025-10-31iso4217:GBPxbrli:sharesxbrli:pure


Registered number: 11371985






M & G BUSINESS LIMITED


ACCOUNTS

FOR THE YEAR ENDED 31/10/2025
























Prepared By:
LHM ACCOUNTANTS
Incorporated Financial Accountants
20 Westlands Way
Oxted
Surrey
RH8 0ND


ACCOUNTS
FOR THE YEAR ENDED 31/10/2025





DIRECTORS
G Sewell



SECRETARY
P K Manster


REGISTERED OFFICE
OXTED
SURREY
RH8 0ND


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11371985



ACCOUNTANTS
LHM ACCOUNTANTS
Incorporated Financial Accountants
20 Westlands Way
Oxted
Surrey
RH8 0ND


ACCOUNTS
FOR THEYEARENDED31/10/2025



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/10/2025

			2025		2024
	Notes		£		£

FIXED ASSETS
Tangible assets	3		37,302		46,878

CURRENT ASSETS
Stock		15,000		60,000
Debtors	5	3,178		9,628
Cash at bank and in hand		8,706		8,564
		26,884		78,192
CREDITORS: Amounts falling due within one year	6	24,374		64,684
NET CURRENT ASSETS			2,510		13,508
TOTAL ASSETS LESS CURRENT LIABILITIES			39,812		60,386


CREDITORS: Amounts falling due after more than one year	7		52,355		77,856

NET LIABILITIES			(12,543)		(17,470)

CAPITAL AND RESERVES

Called up share capital	8		10		10
Profit and loss account			(12,553)		(17,480)
SHAREHOLDERS' FUNDS			(12,543)		(17,470)

For the year ending 31/10/2025 the company was entitled to exemption 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 directors acknowledge their 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 28/07/2026 and signed on their behalf by



.............................
G Sewell
Director


1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		reducing balance 33 1/3%
Equipment		straight line 33 1/3%
Motor Cars		reducing balance 25%


1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .


1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.


3. TANGIBLE FIXED ASSETS

	Fixtures
	and Fittings	Equipment	Motor Cars	Total
	£	£	£	£
Cost
At 01/11/2024	17,833	16,380	42,776	76,989
At 31/10/2025	17,833	16,380	42,776	76,989
Depreciation
At 01/11/2024	1,516	2,457	26,138	30,111
For the year	3,135	2,282	4,159	9,576
At 31/10/2025	4,651	4,739	30,297	39,687
Net Book Amounts
At 31/10/2025	13,182	11,641	12,479	37,302
At 31/10/2024	16,317	13,923	16,638	46,878


4. STOCK	2025	2024
	£	£
Stock comprises:

	15,000	60,000
	15,000	60,000


5. DEBTORS	2025	2024
	£	£
Amounts falling due within one year
VAT	3,178	-
Directors current account	-	9,628
	3,178	9,628


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2025	2024
	£	£
UK corporation tax	4,457	10,479
VAT	-	9,003
PAYE control	235	235
Directors current account	3,037	-
Trade creditors	14,995	-
Accruals	1,650	44,967
	24,374	64,684


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2025	2024
	£	£
Bank loans (unsecured) >1yr	52,355	77,856
	52,355	77,856


8. SHARE CAPITAL	2025	2024
	£	£
Allotted, issued and fully paid:
10 Ordinary shares of £1 each	10	10
	10	10

New shares issued during period:
10 Ordinary shares of £1 each	10


2. EMPLOYEES

	2025	2024
	No.	No.
Average number of employees	-	-