1 June 2022 false No description of principal activity Taxfiler 2023.9 SC630670business:PrivateLimitedCompanyLtd2022-06-012023-05-31 SC6306702022-05-31 SC6306702022-06-012023-05-31 SC630670business:AuditExempt-NoAccountantsReport2022-06-012023-05-31 SC630670business:FilletedAccounts2022-06-012023-05-31 SC6306702023-05-31 SC6306702022-05-31 SC630670core:WithinOneYear2023-05-31 SC630670core:WithinOneYear2022-05-31 SC630670core:AfterOneYear2023-05-31 SC630670core:AfterOneYear2022-05-31 SC630670core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 SC630670core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 SC630670core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 SC630670core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 SC630670core:PreviouslyStatedAmount2023-05-31 SC630670core:PreviouslyStatedAmount2022-05-31 SC630670business:SmallEntities2022-06-012023-05-31 SC630670business:Director12022-06-012023-05-31 SC630670countries:Scotland2022-06-012023-05-31 SC630670business:RegisteredOffice2022-06-012023-05-31 SC630670core:ComputerEquipment2022-06-012023-05-31 SC630670core:ComputerEquipment2022-05-31 SC630670core:ComputerEquipment2023-05-31 SC6306702021-06-012022-05-31 iso4217:GBP xbrli:pure
MSO GEOLINK UK LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
714 
714 
Current assets
Cash at bank and in hand
12,033 
13,064 
Creditors: amounts falling due within one year
(3,489)
2,830 
Net current assets
8,544 
15,894 
Total assets less current liabilities
9,258 
16,608 
Creditors: amounts falling due after more than one year
(8,633)
(11,805)
Net assets
625 
4,803 
Capital and reserves
Called up share capital
(10)
(10)
Profit and loss account
635 
4,813 
Shareholders' funds
625 
4,803 
For the year ending 31 May 2023 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 director acknowledges his 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 and authorised for issue on 10 October 2023 and were signed on its behalf by
Shakil GHORI Director Company Registration No. SC630670
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MSO GEOLINK UK LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
MSO GEOLINK UK LIMITED is a private company, limited by shares, registered in Scotland, registration number SC630670. The registered office is 20 Gordon Place, Camelon, Falkirk, Scotland, FK1 4HB.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2022
1,785 
At 31 May 2023
1,785 
Depreciation
At 1 June 2022
1,071 
At 31 May 2023
1,071 
Net book value
At 31 May 2023
714 
At 31 May 2022
714 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
(2,830)
Loans from directors
1,789 
- 
Accruals
1,700 
- 
3,489 
(2,830)
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MSO GEOLINK UK LIMITED Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
8,633 
11,805 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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