REGISTERED NUMBER: 13459513 (England and Wales)

Unaudited Financial Statements

for the Period

1 September 2024 to 28 February 2026

for

MUG Productions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Taylor Scipio

Sally Ann Sexton

REGISTERED OFFICE:

284 Station Road

Harrow

HA1 2EA

REGISTERED NUMBER:

13459513 (England and Wales)

ACCOUNTANTS:

Ahmed & Co

284 Station Road

Harrow

Middlesex

HA1 2EA

FIXED ASSETS

Tangible assets

4

-

2,953

CURRENT ASSETS

Debtors

5

2,189

83,550

Cash at bank and in hand

248,033

354,257

250,222

437,807

CREDITORS

Amounts falling due within one year

6

99,231

274,204

NET CURRENT ASSETS

150,991

163,603

TOTAL ASSETS LESS CURRENT LIABILITIES

150,991

166,556

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

150,891

166,456

150,991

166,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2026 and were signed on its behalf by:

Taylor Scipio - Director

1.	STATUTORY INFORMATION

MUG Productions Ltd is a private company, limited by shares , registered in England and 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.

Computer equipment

-

25% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 September 2024

5,710

Disposals

(5,710

)

At 28 February 2026

-

DEPRECIATION

At 1 September 2024

2,757

Eliminated on disposal

(2,757

)

At 28 February 2026

-

NET BOOK VALUE

At 28 February 2026

-

At 31 August 2024

2,953

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Trade debtors

-

83,550

Other debtors

2,189

-

2,189

83,550

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Trade creditors

16,927

119,989

Taxation and social security

56,112

135,462

Other creditors

26,192

18,753

99,231

274,204