Company Registration No. 14454930 (England and Wales)
Mg Garages Limited
Unaudited accounts
for the year ended 30 November 2025
Mg Garages Limited
Unaudited accounts
Contents
Mg Garages Limited
Company Information
for the year ended 30 November 2025
Company Number
14454930 (England and Wales)
Registered Office
4 Seymour Road
Manchester
M8 5BG
England
Accountants
AY Accountants LLP
2nd floor, 6 Oxford street
Bolton
Greater Manchester
BL1 1RF
Mg Garages Limited
Statement of financial position
as at 30 November 2025
Cash at bank and in hand
173
6,503
Creditors: amounts falling due within one year
(6,715)
(5,253)
Net current (liabilities)/assets
(6,542)
4,855
Net (liabilities)/assets
(6,542)
4,855
Called up share capital
100
100
Profit and loss account
(6,642)
4,755
Shareholders' funds
(6,542)
4,855
For the year ending 30 November 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 August 2026 and were signed on its behalf by
Mohammad Ghalab
Director
Company Registration No. 14454930
Mg Garages Limited
Notes to the Accounts
for the year ended 30 November 2025
Mg Garages Limited is a private company, limited by shares, registered in England and Wales, registration number 14454930. The registered office is 4 Seymour Road, Manchester, M8 5BG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
89
Taxes and social security
3,896
1,864
Loans from directors
125
-
6
Average number of employees
During the year the average number of employees was 1 (2024: 2).