Company Registration No. 14665942 (England and Wales)
Mag M & E Holdings Limited
Unaudited accounts
for the year ended 28 February 2026
Mag M & E Holdings Limited
Unaudited accounts
Contents
Mag M & E Holdings Limited
Company Information
for the year ended 28 February 2026
Directors
Jagoda SAWCZAK
Maciej Pawel TELECHIEWICZ
Company Number
14665942 (England and Wales)
Registered Office
41 Hood Avenue
London
London
N14 4QJ
England
Mag M & E Holdings Limited
Statement of financial position
as at 28 February 2026
Investment property
337,778
148,634
Cash at bank and in hand
80,826
147,929
Creditors: amounts falling due within one year
(784,698)
(501,454)
Net current liabilities
(460,370)
(110,023)
Net (liabilities)/assets
(122,592)
38,611
Called up share capital
2
2
Profit and loss account
(122,594)
38,609
Shareholders' funds
(122,592)
38,611
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 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 2 October 2026 and were signed on its behalf by
Maciej Pawel TELECHIEWICZ
Director
Company Registration No. 14665942
Mag M & E Holdings Limited
Notes to the Accounts
for the year ended 28 February 2026
Mag M & E Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 14665942. The registered office is 41 Hood Avenue, London, London, N14 4QJ, 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover is measured at the fair value of the consideration received or receivable for rental income. Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amountof the leased asset and recognised on a straight line basis over the lease term.
Fair value at 1 March 2025
148,634
At 28 February 2026
337,778
Amounts falling due within one year
Other debtors
243,502
243,502
Mag M & E Holdings Limited
Notes to the Accounts
for the year ended 28 February 2026
6
Creditors: amounts falling due within one year
2026
2025
Amounts owed to group undertakings and other participating interests
776,724
499,054
Taxes and social security
4,374
-
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).