MLG TRANS LTD

Company Registration Number:
13383555 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

MLG TRANS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

MLG TRANS LTD

Company Information

for the Period Ended 31 May 2023




Director: Lucian-Gabriel MUSAT
Registered office: 104
North End Avenue
Portsmouth
England
PO2 8NH
Company Registration Number: 13383555 (England and Wales)

MLG TRANS LTD

Directors' Report Period Ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Principal Activities

The company's principal activity during the period was freight transport by road.

Directors

The directors shown below have held office during the whole of the period from 01 June 2022 to 31 May 2023
Lucian-Gabriel MUSAT

This report was approved by the board of directors on 16 November 2023
And Signed On Behalf Of The Board By:

Name: Lucian-Gabriel MUSAT
Status: Director

MLG TRANS LTD

Profit and Loss Account

for the Period Ended 31 May 2023


Notes

2023
£
13 months to
31 May 2022
£
Turnover 41,735 29,164
Cost of sales ( 11,686 ) ( 7,854 )
Gross Profit or (Loss) 30,049 21,310
Administrative Expenses ( 25,871 ) ( 16,117 )
Operating Profit or (Loss) 4,178 5,193
Profit or (Loss) Before Tax 4,178 5,193
Tax on Profit ( 794 ) ( 987 )
Profit or (Loss) for Period 3,384 4,206

The notes form part of these financial statements

MLG TRANS LTD

Balance sheet

As at 31 May 2023


Notes

2023
£
13 months to
31 May 2022
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 5 3,000
Cash at bank and in hand: 3,525 2,294
Total current assets: 3,525 5,294
Creditors: amounts falling due within one year: 6 ( 1,834 ) ( 987 )
Net current assets (liabilities): 1,691 4,307
Total assets less current liabilities: 1,691 4,307
Total net assets (liabilities): 1,691 4,307

The notes form part of these financial statements

MLG TRANS LTD

Balance sheet continued

As at 31 May 2023


Notes

2023
£
13 months to
31 May 2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,591 4,207
Shareholders funds: 1,691 4,307

For the year ending 31 May 2023 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 16 November 2023
And Signed On Behalf Of The Board By:

Name: Lucian-Gabriel MUSAT
Status: Director

The notes form part of these financial statements

MLG TRANS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MLG TRANS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023
    13 months to
    31 May 2022
    Average number of employees during the period 2 2

MLG TRANS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

MLG TRANS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Dividends


2023
£
13 months to
31 May 2022
£
Dividends paid 6,000 0

MLG TRANS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Debtors


2023
£
13 months to
31 May 2022
£
Other debtors 3,000
Total 3,000

MLG TRANS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

6.Creditors: amounts falling due within one year note


2023
£
13 months to
31 May 2022
£
Taxation and social security 1,834 987
Total 1,834 987