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Company Registration No. 11438187 (England and Wales)
Mgi 720 Ltd Unaudited accounts for the year ended 31 December 2025
Mgi 720 Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Mgi 720 Ltd Company Information for the year ended 31 December 2025
Directors
Martin John Hughes Timothy Weeks
Company Number
11438187 (England and Wales)
Registered Office
Unti 11 Forest Gate Chippenham Wiltshire SN15 3RS United Kingdom
Accountants
APS Advisory Ltd Unit 11 Forest Gate Chippenham Wiltshire SN15 3RS
- 3 -
Mgi 720 Ltd Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
58,704 
58,704 
Investments
5
600 
600 
59,304 
59,304 
Current assets
Debtors
6
185,471 
185,471 
Cash at bank and in hand
46,273 
46,773 
231,744 
232,244 
Creditors: amounts falling due within one year
7
(258,250)
(257,534)
Net current liabilities
(26,506)
(25,290)
Total assets less current liabilities
32,798 
34,014 
Creditors: amounts falling due after more than one year
8
(31,118)
(32,334)
Net assets
1,680 
1,680 
Capital and reserves
Called up share capital
550 
550 
Profit and loss account
1,130 
1,130 
Shareholders' funds
1,680 
1,680 
For the year ending 31 December 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 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 of Directors and authorised for issue on 3 September 2026 and were signed on its behalf by
Martin John Hughes Director Company Registration No. 11438187
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Mgi 720 Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Mgi 720 Ltd is a private company, limited by shares, registered in England and Wales, registration number 11438187. The registered office is Unti 11, Forest Gate, Chippenham, Wiltshire, SN15 3RS, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2025
58,704 
At 31 December 2025
58,704 
Depreciation
At 31 December 2025
- 
Net book value
At 31 December 2025
58,704 
At 31 December 2024
58,704 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2025
600 
Valuation at 31 December 2025
600 
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Mgi 720 Ltd Notes to the Accounts for the year ended 31 December 2025
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
185,421 
185,421 
Other debtors
50 
50 
185,471 
185,471 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Amounts owed to group undertakings and other participating interests
256,934 
256,218 
Other creditors
1,316 
1,316 
258,250 
257,534 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Other creditors
31,118 
32,334 
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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