1 January 2023 false No description of principal activity Taxfiler 2023.14 11715422business:PrivateLimitedCompanyLtd2023-01-012023-12-31 117154222022-12-31 117154222023-01-012023-12-31 11715422business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 11715422business:FilletedAccounts2023-01-012023-12-31 117154222023-12-31 11715422business:Director12023-01-012023-12-31 11715422business:RegisteredOffice2023-01-012023-12-31 117154222022-12-31 11715422core:WithinOneYear2023-12-31 11715422core:WithinOneYear2022-12-31 11715422core:AfterOneYear2023-12-31 11715422core:AfterOneYear2022-12-31 11715422core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 11715422core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 11715422core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 11715422core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 11715422core:PreviouslyStatedAmount2023-12-31 11715422core:PreviouslyStatedAmount2022-12-31 11715422business:SmallEntities2023-01-012023-12-31 11715422countries:EnglandWales2023-01-012023-12-31 11715422core:ComputerEquipment2023-01-012023-12-31 11715422core:ComputerEquipment2022-12-31 11715422core:ComputerEquipment2023-12-31 117154222022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11715422 (England and Wales)
MGD TRANS LIMITED Unaudited accounts for the year ended 31 December 2023
MGD TRANS LIMITED Unaudited accounts Contents
Page
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MGD TRANS LIMITED Company Information for the year ended 31 December 2023
Director
Marian-Gheorghe David
Company Number
11715422 (England and Wales)
Registered Office
43 ROSARY ROAD BIRMINGHAM B23 7RA ENGLAND
Accountants
Protax Chartered Certified Accountants 371 Bordesley Green Birmingham Westmidlands B9 5RP
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MGD TRANS LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
(3)
Current assets
Debtors
- 
5,286 
Cash at bank and in hand
5,004 
4,801 
5,004 
10,087 
Creditors: amounts falling due within one year
(4,104)
- 
Net current assets
900 
10,087 
Total assets less current liabilities
900 
10,084 
Creditors: amounts falling due after more than one year
(13,404)
(16,058)
Net liabilities
(12,504)
(5,974)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(12,604)
(6,074)
Shareholders' funds
(12,504)
(5,974)
For the year ending 31 December 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 1 March 2023 and were signed on its behalf by
Marian-Gheorghe David Director Company Registration No. 11715422
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MGD TRANS LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
MGD TRANS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11715422. The registered office is 43 ROSARY ROAD, BIRMINGHAM, B23 7RA, 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:
Computer equipment
Over 4 Years
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
449 
At 31 December 2023
449 
Depreciation
At 1 January 2023
452 
On disposals
(3)
At 31 December 2023
449 
Net book value
At 31 December 2023
- 
At 31 December 2022
(3)
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
5,286 
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MGD TRANS LIMITED Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
4,104 
- 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
13,404 
16,058 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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