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Registered number: 08256261






Mag Construction Ltd


UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2025
























Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU


ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2025





DIRECTORS
M Gregula


REGISTERED OFFICE
17 Cowley Crescent
Hersham
Walton-On-Thames
KT12 5RH


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08256261



ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU


ACCOUNTS
FOR THEYEARENDED31 OCTOBER 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 October 2025

			2025		2024
	Notes		£		£

FIXED ASSETS
Tangible assets	2		28,044		33,961

CURRENT ASSETS
Stock	3	45,000		60,000
Cash at bank and in hand		32,020		14,420
		77,020		74,420
CREDITORS: Amounts falling due within one year	4	132,834		163,318
NET CURRENT LIABILITIES			(55,814)		(88,898)
TOTAL ASSETS LESS CURRENT LIABILITIES			(27,770)		(54,937)


CREDITORS: Amounts falling due after more than one year	5		36,380		46,885

NET LIABILITIES			(64,150)		(101,822)

CAPITAL AND RESERVES

Called up share capital	7		100		100
Profit and loss account			(64,250)		(101,922)
SHAREHOLDERS' FUNDS			(64,150)		(101,822)

For the year ending 31 October 2025 the company was entitled to exemption from audit 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 30 July 2026 and signed on their behalf by



.............................
M Gregula
Director


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

Plant and Machinery		reducing balance 25%
Commercial Vehicles		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 .


1b. Going Concern
The company had net liabilities of £64,150 at the year end. However, included in Creditors was £87,376 owed to the director. With the continued support of the director, the director believes the company to be a going concern.


1d. 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.


1e. Turnover
Turnover is derived from construction services supplied by the company, net of value added tax and trade discounts and is recognised when services are rendered.


1f. Statutory Information
MAG Construction Ltd is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 08256261 and registered office address is 17 Cowley Crescent, Hersham, Walton-On-Thames, England, KT12 5RH.


1g. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.


2. TANGIBLE FIXED ASSETS

	Plant and	Commercial
	Machinery	Vehicles	Total
	£	£	£
Cost
At 1 November 2024	5,577	50,242	55,819
Additions	2,085	-	2,085
Disposals	(1,436)	-	(1,436)
At 31 October 2025	6,226	50,242	56,468
Depreciation
At 1 November 2024	2,281	19,577	21,858
Disposals	(953)	-	(953)
For the year	944	6,575	7,519
At 31 October 2025	2,272	26,152	28,424
Net Book Amounts
At 31 October 2025	3,954	24,090	28,044
At 31 October 2024	3,296	30,665	33,961


3. STOCK	2025	2024
	£	£
Stock comprises:

Stock and Work In Progress	45,000	60,000
	45,000	60,000


4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2025	2024
	£	£
Taxation and social security	12,018	9,273
Salaries and wages control	15,116	10,953
Directors current account	87,376	116,931
Bank Loan	8,078	8,258
Hire purchase	8,501	14,178
Other creditors	-	2,700
Pension schemes	365	365
Accruals	1,380	660
	132,834	163,318


5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2025	2024
	£	£
Bank loans (unsecured) >1yr	25,280	32,961
Hire purchase >1yr	11,100	13,924
	36,380	46,885


6. EMPLOYEES

	2025	2024
	No.	No.
Average number of employees	2	3


7. SHARE CAPITAL	2025	2024
	£	£
Allotted, issued and fully paid:
60 Ordinary A shares of £1.00 each	60	60
40 Ordinary B shares of £1.00 each	40	40
	100	100