REGISTERED NUMBER: 10486991 (Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

MGR CONSTRUCTION & RENOVATION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M G Rowlands

SECRETARY:

The William Marshall Partnership Limited

REGISTERED OFFICE:

Park View House

Ropewalk

Fishguard

Pembrokeshire

SA65 9BT

REGISTERED NUMBER:

10486991 (Wales)

ACCOUNTANTS:

William Marshall & Co

Financial Accountants

Park View House

Ropewalk

Fishguard

Pembrokeshire

SA65 9BT

FIXED ASSETS

Tangible assets

4

85,085

66,092

CURRENT ASSETS

Stocks

5

1,000

2,517

Debtors

6

38,756

24,537

Cash at bank

18,230

56,538

57,986

83,592

CREDITORS

Amounts falling due within one year

7

23,739

40,826

NET CURRENT ASSETS

34,247

42,766

TOTAL ASSETS LESS CURRENT LIABILITIES

119,332

108,858

CREDITORS

Amounts falling due after more than one year

8

1,917

6,517

NET ASSETS

117,415

102,341

CAPITAL AND RESERVES

Called up share capital

9

125

125

Retained earnings

10

117,290

102,216

SHAREHOLDERS' FUNDS

117,415

102,341

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 August 2026 and were signed by:

M G Rowlands - Director

1.	STATUTORY INFORMATION

MGR Construction & Renovation Ltd is a private company, limited by shares , registered in Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 December 2024

35,808

30,375

19,302

85,485

Additions

-

-

24,694

24,694

At 30 November 2025

35,808

30,375

43,996

110,179

DEPRECIATION

At 1 December 2024

-

5,333

14,060

19,393

Charge for year

-

3,876

1,825

5,701

At 30 November 2025

-

9,209

15,885

25,094

NET BOOK VALUE

At 30 November 2025

35,808

21,166

28,111

85,085

At 30 November 2024

35,808

25,042

5,242

66,092

5.

STOCKS

2025

2024

£

£

Stocks

1,000

2,517

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

38,039

24,000

VAT

95

-

Prepayments

622

537

38,756

24,537

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

4,600

4,600

Trade creditors

4,900

5,905

Corporation tax

8,581

5,423

VAT

-

3,347

Other creditors

2,131

2,139

Credit card

103

2,572

Directors' current accounts

552

13,603

Directors' loan accounts

1,003

1,367

Accrued expenses

1,869

1,870

23,739

40,826

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

1,917

6,517

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1.00

100

100

25

A ordinary

£1.00

25

25

125

125

10.

RESERVES

Retained

earnings

£

At 1 December 2024

102,216

Profit for the year

55,574

Dividends

(40,500

)

At 30 November 2025

117,290