MGB SHEDS LIMITED

Company Registration Number:
06238182 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

MGB SHEDS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2022

Balance sheet
Notes

MGB SHEDS LIMITED

Balance sheet

As at 31 March 2022


Notes

2022

2021


£

£
Fixed assets
Tangible assets: 3 4,680 6,245
Total fixed assets: 4,680 6,245
Current assets
Stocks: 5,800 8,250
Debtors:   0 17,825
Cash at bank and in hand: 109,916 68,852
Total current assets: 115,716 94,927
Creditors: amounts falling due within one year:   (55,169) (93,821)
Net current assets (liabilities): 60,547 1,106
Total assets less current liabilities: 65,227 7,351
Creditors: amounts falling due after more than one year:   (36,667) 0
Total net assets (liabilities): 28,560 7,351
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 28,460 7,251
Shareholders funds: 28,560 7,351

The notes form part of these financial statements

MGB SHEDS LIMITED

Balance sheet statements

For the year ending 31 March 2022 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 07 September 2022
and signed on behalf of the board by:

Name: Michael Bennett
Status: Director

The notes form part of these financial statements

MGB SHEDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

MGB SHEDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

2. Employees

2022 2021
Average number of employees during the period 5 5

MGB SHEDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Tangible Assets

Total
Cost £
At 01 April 2021 43,600
At 31 March 2022 43,600
Depreciation
At 01 April 2021 37,355
Charge for year 1,565
At 31 March 2022 38,920
Net book value
At 31 March 2022 4,680
At 31 March 2021 6,245