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Company Registration No. 10905063 (England and Wales)
MIDAS GST LIMITED Unaudited accounts for the year ended 31 August 2023
MIDAS GST LIMITED Unaudited accounts Contents
Page
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MIDAS GST LIMITED Company Information for the year ended 31 August 2023
Director
LIUFT, Vladimir
Company Number
10905063 (England and Wales)
Registered Office
81 Oval Road South Dagenham RM10 9DP England
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MIDAS GST LIMITED Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,543 
10,043 
Current assets
Cash at bank and in hand
15,618 
1,207 
Net current assets
15,618 
1,207 
Total assets less current liabilities
25,161 
11,250 
Creditors: amounts falling due after more than one year
(36,244)
(35,472)
Net liabilities
(11,083)
(24,222)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(11,183)
(24,322)
Shareholders' funds
(11,083)
(24,222)
For the year ending 31 August 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 14 November 2023 and were signed on its behalf by
LIUFT, Vladimir Director Company Registration No. 10905063
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MIDAS GST LIMITED Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
MIDAS GST LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10905063. The registered office is 81 Oval Road South, Dagenham, RM10 9DP, England.
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:
Plant & machinery
5
Motor vehicles
5
Fixtures & fittings
3
Computer equipment
3
Other tangible fixed assets
3
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 September 2022
12,543 
At 31 August 2023
12,543 
Depreciation
At 1 September 2022
2,500 
Charge for the year
500 
At 31 August 2023
3,000 
Net book value
At 31 August 2023
9,543 
At 31 August 2022
10,043 
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MIDAS GST LIMITED Notes to the Accounts for the year ended 31 August 2023
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
28,373 
35,472 
Loans from directors
7,871 
- 
36,244 
35,472 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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