Company Registration No. 07954470 (England and Wales)
MAG M & E LIMITED
Unaudited accounts
for the year ended 28 February 2026
MAG M & E LIMITED
Unaudited accounts
Contents
MAG M & E LIMITED
Company Information
for the year ended 28 February 2026
Director
Mr Maciej TELECHIEWICZ
Company Number
07954470 (England and Wales)
Registered Office
41 HOOD AVENUE
LONDON
N14 4QJ
MAG M & E LIMITED
Statement of financial position
as at 28 February 2026
Tangible assets
17,886
22,358
Cash at bank and in hand
117,600
45,629
Creditors: amounts falling due within one year
(98,163)
(123,049)
Net current assets
656,299
515,921
Net assets
674,185
538,279
Called up share capital
2
2
Profit and loss account
674,183
538,277
Shareholders' funds
674,185
538,279
For the year ending 28 February 2026 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 2 October 2026 and were signed on its behalf by
Mr Maciej TELECHIEWICZ
Director
Company Registration No. 07954470
MAG M & E LIMITED
Notes to the Accounts
for the year ended 28 February 2026
MAG M & E LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07954470. The registered office is 41 HOOD AVENUE, LONDON, N14 4QJ.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
4
Tangible fixed assets
Motor vehicles
At 28 February 2026
57,739
At 28 February 2026
39,853
At 28 February 2026
17,886
At 28 February 2025
22,358
MAG M & E LIMITED
Notes to the Accounts
for the year ended 28 February 2026
Amounts falling due within one year
Amounts due from group undertakings etc.
603,763
584,624
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
46,513
71,399
Other creditors
30,000
30,000
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).