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REGISTERED NUMBER: SC456225 (Scotland)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 AUGUST 2023

FOR

MSPS CONSULTANCY LIMITED

MSPS CONSULTANCY LIMITED (REGISTERED NUMBER: SC456225)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


MSPS CONSULTANCY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: Ms V K Arvapalli
Mr S J Sakriya





REGISTERED OFFICE: 25 Ninian Crescent
Lenzie
Glasgow
G66 3JR





REGISTERED NUMBER: SC456225 (Scotland)





ACCOUNTANTS: JSA Services Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

MSPS CONSULTANCY LIMITED (REGISTERED NUMBER: SC456225)

ABRIDGED BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 21,734 25,927
Cash at bank 50,579 51,345
72,313 77,272
CREDITORS
Amounts falling due within one year 17,348 32,502
NET CURRENT ASSETS 54,965 44,770
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,965

44,770

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 54,955 44,760
SHAREHOLDERS' FUNDS 54,965 44,770

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 August 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 January 2024 and were signed on its behalf by:




Mr S J Sakriya - Director


MSPS CONSULTANCY LIMITED (REGISTERED NUMBER: SC456225)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023


1. STATUTORY INFORMATION

MSPS Consultancy Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 7 ) .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2022 901
Disposals (901 )
At 31 August 2023 -
DEPRECIATION
At 1 September 2022 901
Eliminated on disposal (901 )
At 31 August 2023 -
NET BOOK VALUE
At 31 August 2023 -
At 31 August 2022 -

MSPS CONSULTANCY LIMITED (REGISTERED NUMBER: SC456225)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2023 and 31 August 2022:

2023 2022
£    £   
Mr S J Sakriya
Balance outstanding at start of year (10,657 ) (9,981 )
Amounts advanced 10,233 -
Amounts repaid (1,222 ) (676 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,646 ) (10,657 )

Ms V K Arvapalli
Balance outstanding at start of year (6,444 ) (6,444 )
Amounts advanced 6,444 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - (6,444 )