REGISTERED NUMBER: 08858428 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

MGW COACHING & DEVELOPMENT LTD

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

DIRECTOR:

M J Wicker

REGISTERED OFFICE:

61 Charlotte Street

Birmingham

B3 1PX

REGISTERED NUMBER:

08858428 (England and Wales)

ACCOUNTANTS:

C J Petty Limited

Chartered Accountants

Chestnut House

High Offley Road

Woodseaves

Stafford

Staffordshire

ST20 0LG

FIXED ASSETS

Intangible assets

4

170

-

Tangible assets

5

1,387

1,849

1,557

1,849

CURRENT ASSETS

Debtors

6

6,314

10,441

Cash at bank

2,064

272

8,378

10,713

CREDITORS

Amounts falling due within one year

7

9,602

8,613

NET CURRENT (LIABILITIES)/ASSETS

(1,224

)

2,100

TOTAL ASSETS LESS CURRENT LIABILITIES

333

3,949

PROVISIONS FOR LIABILITIES

263

351

NET ASSETS

70

3,598

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

69

3,597

SHAREHOLDERS' FUNDS

70

3,598

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit & loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2026 and were signed by:

M J Wicker - Director

1.	STATUTORY INFORMATION

MGW Coaching & Development 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.

Intangible assets

No depreciation is provided on patents and licences.

Tangible fixed assets

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

Office equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

170

At 31 December 2025

170

NET BOOK VALUE

At 31 December 2025

170

5.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 January 2025

and 31 December 2025

3,169

DEPRECIATION

At 1 January 2025

1,320

Charge for year

462

At 31 December 2025

1,782

NET BOOK VALUE

At 31 December 2025

1,387

At 31 December 2024

1,849

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

264

2,799

Other debtors

6,050

7,642

6,314

10,441

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

4,202

3,213

Other creditors

5,400

5,400

9,602

8,613

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

M J Wicker

Balance outstanding at start of year

4,740

-

Amounts advanced

1,310

4,740

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,050

4,740