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COMPANY REGISTRATION NUMBER: 01928914
M G Homes Limited
Unaudited Financial Statements
31 March 2022
M G Homes Limited
Financial Statements
Year ended 31 March 2022
Contents
Page
Income statement
1
Statement of financial position and the notes to the financial statements
2
M G Homes Limited
Income Statement
Year ended 31 March 2022
2022
2021
£
£
Turnover
183,999
-
Other income
628
2,253
----------
-------
184,627
2,253
Other charges
178,485
1,749
Tax
1,167
96
----------
-------
Profit
4,975
408
----------
-------
M G Homes Limited
Statement of Financial Position
31 March 2022
2022
2021
£
£
Current assets
3,908
176,525
Creditors: amounts falling due within one year
1,168
149,118
-------
----------
Net current assets
2,740
27,407
-------
---------
Total assets less current liabilities
2,740
27,407
Accruals and deferred income
2,640
2,400
-------
---------
100
25,007
-------
---------
Capital and reserves
100
25,007
----
---------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2021: 2 ).
2. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2022
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr M Gosling
( 149,023)
184,628
( 31,697)
3,908
----------
----------
---------
-------
2021
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr M Gosling
( 148,895)
2,360
( 2,488)
( 149,023)
----------
-------
-------
----------
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions.
These financial statements were approved by the board of directors and authorised for issue on 14 September 2022 , and are signed on behalf of the board by:
Mr M Gosling
Director
Company registration number: 01928914
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Castle Business Village, Station Road, Hampton, Middx, TW12 2BX.