M G I Taverns Limited in Lechlade, GL7 3HG

Description

Data updated on: 01-11-2023

M G I Taverns came into being in 2007 as a company enlisted under no 06043564, located at GL7 3HG Lechlade at The Old School. This company has been in business for 17 years and its official state is active. The enterprise's registered with SIC code 68209, that means Other letting and operating of own or leased real estate. M G I Taverns Ltd reported its account information for the period that ended on 2022-03-31. The latest annual confirmation statement was released on 2023-01-08.

There seems to be just one managing director currently controlling this specific business, namely Michael G. who has been utilizing the director's duties since Mon, 8th Jan 2007. For one year Robert T., had performed the duties for the following business up until the resignation on Sat, 6th Oct 2018. What is more a different director, namely Paul C. quit on Tue, 1st Dec 2015. Additionally, the director's assignments are aided with by a secretary - Silvia S., who was chosen by the following business nine years ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	135 247	151 221

Balance Sheet
Cash Bank On Hand		26 162	10 570	15 588	80 517	7 442	52 002	86 751	956 747
Current Assets	13 653	28 179	36 558	59 826	97 723	22 458	62 177	96 551	956 747
Debtors	2 878	2 017	25 988	32 690	5 306	4 616
Net Assets Liabilities		151 221	173 814	165 029	196 793	271 694	303 112	430 585	656 387
Other Debtors			24 600	24 600
Property Plant Equipment		31 410	28 269	39 870	844 538	901 006	898 250	899 576
Total Inventories				11 548	11 900	10 400	10 175	9 800
Cash Bank In Hand	10 775	26 162
Intangible Fixed Assets	1 173	585
Net Assets Liabilities Including Pension Asset Liability	135 247	151 221
Tangible Fixed Assets	784 900	781 410

Capital & Reserves
Called Up Share Capital	1	1
Profit Loss Account Reserve	54 656	70 630
Shareholder Funds	135 247	151 221

Other Financial Data
Accrued Liabilities Deferred Income		9 965	13 364	2 701	1 352	2 599	4 900	2 800	2 801
Accumulated Amortisation Impairment Intangible Assets		5 290	5 874	5 874	5 874	5 874	5 874	5 874
Accumulated Depreciation Impairment Property Plant Equipment		48 854	51 995	56 423	60 404	65 125	69 539	74 101
Additions Other Than Through Business Combinations Investment Property Fair Value Model					3 287
Average Number Employees During Period					21	20	19	19	19
Bank Borrowings		396 000	383 000	358 409	320 786	287 458	46 584	39 985
Bank Borrowings Overdrafts		396 000	383 000	358 409	320 786	287 458	221 835	188 500
Corporation Tax Payable		4 132	5 843		511	15 601	11 430	29 686	40 199
Creditors		655 890	638 000	720 140	736 981	682 682	221 835	188 500	300 360
Fixed Assets	786 073	781 995	778 270	830 862	844 539	901 007	898 251	899 577
Increase Decrease Due To Transfers Between Classes Property Plant Equipment					794 278		-48 213
Increase From Amortisation Charge For Year Intangible Assets			584
Increase From Depreciation Charge For Year Property Plant Equipment			3 141		3 981	4 721	4 414	4 562
Intangible Assets		585	1	1	1	1	1	1
Intangible Assets Gross Cost		5 875		5 875	5 875	5 875	5 875	5 875
Investment Property		750 000	750 000	790 991
Investment Property Fair Value Model		750 000		790 991
Net Current Assets Liabilities	-244 773	-231 711	-601 442	-660 314	-639 258	-619 577	-347 725	-254 457	656 387
Number Shares Issued Fully Paid			1		1	1	1	1	1
Other Creditors					31 400	52 400
Other Taxation Social Security Payable				3 471	6 232	5 083	3 835	-1 075
Par Value Share		1	1		1	1	1	1	1
Prepayments Accrued Income		2 017	1 388	1 509	1 969	4 616
Property Plant Equipment Gross Cost		80 264		96 293	904 942	966 131	967 789	973 677
Provisions For Liabilities Balance Sheet Subtotal		3 063	3 014	5 519	8 488	9 736	25 579	26 035
Total Additions Including From Business Combinations Property Plant Equipment					14 371	61 189	1 658	5 888
Total Assets Less Current Liabilities	541 300	550 284	176 828	170 548	205 281	281 430	550 526	645 120	656 387
Trade Creditors Trade Payables				40 897	89 199	26 148	1 323	27 046
Trade Debtors Trade Receivables				6 581	3 337
Additional Provisions Increase From New Provisions Recognised								456
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss									-26 035
Deferred Tax Liabilities						9 736	9 461	9 917
Disposals Decrease In Amortisation Impairment Intangible Assets									5 874
Disposals Decrease In Depreciation Impairment Property Plant Equipment									74 101
Disposals Intangible Assets									5 875
Disposals Property Plant Equipment									973 677
Merchandise						10 400	10 175	9 800
Profit Loss							47 536	127 473
Provisions						9 736	25 579	26 035
Unused Provision Reversed							275
Creditors Due After One Year	403 000	396 000
Creditors Due Within One Year	258 426	259 890
Intangible Fixed Assets Aggregate Amortisation Impairment	4 702	5 290
Intangible Fixed Assets Amortisation Charged In Period		588
Intangible Fixed Assets Cost Or Valuation	5 875	5 875
Number Shares Allotted		1
Provisions For Liabilities Charges	3 053	3 063
Revaluation Reserve	80 590	80 590
Share Capital Allotted Called Up Paid	1	1
Tangible Fixed Assets Cost Or Valuation	830 264	830 264
Tangible Fixed Assets Depreciation	45 364	48 854
Tangible Fixed Assets Depreciation Charged In Period		3 490