MRG Comms Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08446831 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

MRG Comms Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M R G Nicholls

Mrs L J M Nicholls

REGISTERED OFFICE:

Second Floor

2 Walsworth Road

Hitchin

Hertfordshire

SG4 9SP

REGISTERED NUMBER:

08446831 (England and Wales)

ACCOUNTANTS:

D and E Accountancy Ltd

Tax Advisors and Accountants

2nd Floor, 2 Walsworth Road

Hitchin

Hertfordshire

SG4 9SP

FIXED ASSETS

Tangible assets

4

8,923

8,907

CURRENT ASSETS

Stocks

10,526

7,454

Debtors

5

32,236

6,614

Cash at bank

98,691

90,602

141,453

104,670

CREDITORS

Amounts falling due within one year

6

49,317

27,965

NET CURRENT ASSETS

92,136

76,705

TOTAL ASSETS LESS CURRENT
LIABILITIES

101,059

85,612

PROVISIONS FOR LIABILITIES

7

1,599

1,692

NET ASSETS

99,460

83,920

CAPITAL AND RESERVES

Called up share capital

8

10

Retained earnings

99,450

83,910

SHAREHOLDERS' FUNDS

99,460

83,920

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 7 September 2026 and were signed on its behalf by:

M R G Nicholls - Director

1.	STATUTORY INFORMATION

MRG Comms Limited 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.

Fixtures and fittings

-

15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year 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 year 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 year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

COST

At 1 April 2025

2,891

19,167

22,058

Additions

-

1,081

At 31 March 2026

2,891

20,248

23,139

DEPRECIATION

At 1 April 2025

-

13,151

Charge for year

-

1,065

At 31 March 2026

-

14,216

NET BOOK VALUE

At 31 March 2026

2,891

6,032

8,923

At 31 March 2025

2,891

6,016

8,907

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

32,020

6,555

Other debtors

216

59

32,236

6,614

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Tax

31,338

23,086

Social security and other taxes

472

480

VAT

9,340

3,119

Directors' current accounts

7,055

168

Accrued expenses

1,112

49,317

27,965

7.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

Deferred tax

1,599

1,692

Deferred

tax

£

Balance at 1 April 2025

1,692

Credit to Income Statement during year

(93

)

Balance at 31 March 2026

1,599

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

10

Ordinary

£1

10

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

M R G Nicholls

Balance outstanding at start of year

-

3,835

Amounts repaid

-

(3,835

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

10.	ULTIMATE CONTROLLING PARTY

The controlling party is M R G Nicholls.