Registration number: 09303501

CGP MEP Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 9

CGP MEP Limited

(Registration number: 09303501)
Balance Sheet as at 23 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	62,270	89,022
Current assets
Debtors	5	2,309,108	2,007,772
Cash at bank and in hand		46,675	170,508
		2,355,783	2,178,280
Creditors: Amounts falling due within one year	6	(1,697,651)	(1,272,530)
Net current assets		658,132	905,750
Total assets less current liabilities		720,402	994,772
Creditors: Amounts falling due after more than one year	6	(191,835)	(395,230)
Provisions for liabilities		(5,000)	-
Net assets		523,567	599,542
Capital and reserves
Called up share capital	7	100	100
Retained earnings		523,467	599,442
Shareholders' funds		523,567	599,542

CGP MEP Limited

(Registration number: 09303501)
Balance Sheet as at 23 November 2025

For the financial year ending 23 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 August 2026 and signed on its behalf by:
 

......................................... M Callaghan Director

CGP MEP Limited

Notes to the Unaudited Financial Statements for the Year Ended 23 November 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Royal House
28 Sovereign Street
Leeds
West Yorkshire
LS1 4BA
England

These financial statements were authorised for issue by the Board on 20 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.
The company recognises revenue when the amount of revenue can be reliably measured and it is probable that uture economic benefits will flow to the entity.

Research and Development

Research & development costs are expenses to the profit and loss account as they arise within the relevant expense category.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

CGP MEP Limited

Notes to the Unaudited Financial Statements for the Year Ended 23 November 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Buildings	10% straight line basis
Office equipment	25% straight line basis
Motor vehicles	25% reducing balance basis

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

CGP MEP Limited

Notes to the Unaudited Financial Statements for the Year Ended 23 November 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

CGP MEP Limited

Notes to the Unaudited Financial Statements for the Year Ended 23 November 2025

Financial instruments

Classification
Financial assets
Basic financial assets, including trade and other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar asset. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss and any subsequent reversal is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 44 (2024 - 47).

CGP MEP Limited

Notes to the Unaudited Financial Statements for the Year Ended 23 November 2025

4	Tangible assets

	Buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 24 November 2024	12,484	122,575	88,250	223,309
Additions	-	3,170	-	3,170
At 23 November 2025	12,484	125,745	88,250	226,479
Depreciation
At 24 November 2024	11,232	84,446	38,609	134,287
Charge for the year	1,252	16,260	12,410	29,922
At 23 November 2025	12,484	100,706	51,019	164,209
Carrying amount
At 23 November 2025	-	25,039	37,231	62,270
At 23 November 2024	1,252	38,129	49,641	89,022

5

Debtors

Current	2025 £	2024 £
Trade debtors	1,189,471	1,016,690
Prepayments	50,012	69,503
Other debtors	1,069,625	921,579
	2,309,108	2,007,772

CGP MEP Limited

Notes to the Unaudited Financial Statements for the Year Ended 23 November 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		441,861	291,304
Trade creditors		221,647	137,346
Taxation and social security		842,600	744,302
Accruals and deferred income		100,075	54,389
Other creditors		91,468	45,189
		1,697,651	1,272,530

Creditors due in one year include bank loans which are secured by personal guarantees from directors, of £126,043 (2024 - £117,649).

Creditors due in one year include hire purchase contracts which are secured by the asset concerned, of £12,647 (2024 - £11,104)

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		191,835	395,230

Creditors due in over one year include bank loans which are secured by personal guarantees from directors, of £145,012 (2024 - £176,203).

Creditors due in over one year include hire purchase contracts which are secured by the asset concerned, of £46,820 (2024 - £59,467).

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary Shares of £1 each	100	100	100	100

CGP MEP Limited

Notes to the Unaudited Financial Statements for the Year Ended 23 November 2025

8	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £710,685 (2024 - £504,983).

9	Related party transactions

Transactions with directors

2025	At 24 November 2024 £	Advances to director £	Repayments by director £	At 23 November 2025 £
Interest free loan repayable on demand	83,660	2,232	(18,000)	67,892

2024	At 24 November 2023 £	Advances to director £	Repayments by director £	At 23 November 2024 £
Interest free loan repayable on demand	3,442	83,660	(3,442)	83,660

Expenditure with and payables to related parties

2025	Key management £
Amounts payable to related party	77,430

2024	Key management £
Amounts payable to related party	28,684