Company Registration No. 11204176 (England and Wales)
MGYD LTD
Unaudited accounts
for the year ended 28 February 2023
MGYD LTD
Unaudited accounts
Contents
MGYD LTD
Company Information
for the year ended 28 February 2023
Director
Martin Georgiev Yankov
Company Number
11204176 (England and Wales)
Registered Office
55 THE LINGS
DONCASTER
DN3 3RH
UNITED KINGDOM
MGYD LTD
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
11,365
10,315
Creditors: amounts falling due within one year
3,147
10,088
Net current assets
14,512
20,403
Total assets less current liabilities
14,512
20,403
Creditors: amounts falling due after more than one year
(10,839)
(17,338)
Called up share capital
100
100
Profit and loss account
3,573
2,965
Shareholders' funds
3,673
3,065
For the year ending 28 February 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 7 November 2023 and were signed on its behalf by
Martin Georgiev Yankov
Director
Company Registration No. 11204176
MGYD LTD
Notes to the Accounts
for the year ended 28 February 2023
MGYD LTD is a private company, limited by shares, registered in England and Wales, registration number 11204176. The registered office is 55 THE LINGS, DONCASTER, DN3 3RH, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,194
206
Loans from directors
(3,239)
(12,080)
5
Creditors: amounts falling due after more than one year
2023
2022
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).