MKG (UK) LTD

MKG (UK) LTD

MKG (UK) LTD - Company Information

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MKG (UK) LTD

Company Registration Number:
04120757 (England and Wales)

Unaudited abridged accounts for the year ended 28 December 2018

Period of accounts

Start date: 30 December 2017

End date: 28 December 2018

MKG (UK) LTD

Contents of the Financial Statements

for the Period Ended 28 December 2018

Balance sheet
Notes

MKG (UK) LTD

Balance sheet

As at 28 December 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets: 3 3,560 4,005
Tangible assets: 4 1,006,398 1,052,688
Total fixed assets: 1,009,958 1,056,693
Current assets
Stocks: 11,310 13,321
Debtors:   76,008 60,803
Cash at bank and in hand: 2,707,204 2,715,336
Investments:   0 0
Total current assets: 2,794,522 2,789,460
Creditors: amounts falling due within one year:   (293,019) (334,342)
Net current assets (liabilities): 2,501,503 2,455,118
Total assets less current liabilities: 3,511,461 3,511,811
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: (579,052) (587,728)
Total net assets (liabilities): 2,932,409 2,924,083
Capital and reserves
Called up share capital: 4 4
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 2,932,405 2,924,079
Shareholders funds: 2,932,409 2,924,083

The notes form part of these financial statements

MKG (UK) LTD

Balance sheet statements

For the year ending 28 December 2018 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 December 2019
and signed on behalf of the board by:

Name: M K Gangotra
Status: Director

The notes form part of these financial statements

MKG (UK) LTD

Notes to the Financial Statements

for the Period Ended 28 December 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MKG (UK) LTD

Notes to the Financial Statements

for the Period Ended 28 December 2018

2. Employees

2018 2017
Average number of employees during the period 55 45

MKG (UK) LTD

Notes to the Financial Statements

for the Period Ended 28 December 2018

3. Intangible Assets

Total
Cost £
At 30 December 2017 4,450
At 28 December 2018 4,450
Amortisation
At 30 December 2017 445
Charge for year 445
At 28 December 2018 890
Net book value
At 28 December 2018 3,560
At 29 December 2017 4,005

MKG (UK) LTD

Notes to the Financial Statements

for the Period Ended 28 December 2018

4. Tangible Assets

Total
Cost £
At 30 December 2017 1,436,300
Additions 34,762
Disposals (1,200)
At 28 December 2018 1,469,862
Depreciation
At 30 December 2017 383,612
Charge for year 80,672
On disposals (820)
At 28 December 2018 463,464
Net book value
At 28 December 2018 1,006,398
At 29 December 2017 1,052,688