14 June 2022 false No description of principal activity Taxfiler 2023.14 SC735425business:PrivateLimitedCompanyLtd2022-06-142023-06-30 SC7354252022-06-13 SC7354252022-06-142023-06-30 SC735425business:AuditExemptWithAccountantsReport2022-06-142023-06-30 SC735425business:FilletedAccounts2022-06-142023-06-30 SC7354252023-06-30 SC735425business:Director12022-06-142023-06-30 SC735425business:RegisteredOffice2022-06-142023-06-30 SC735425core:WithinOneYear2023-06-30 SC735425core:AfterOneYear2023-06-30 SC735425core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 SC735425core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 SC735425core:PreviouslyStatedAmount2023-06-30 SC735425business:SmallEntities2022-06-142023-06-30 SC735425countries:Scotland2022-06-142023-06-30 SC735425core:MotorVehicles2022-06-13 SC735425core:MotorVehicles2022-06-142023-06-30 SC735425core:MotorVehicles2023-06-30 iso4217:GBP xbrli:pure
Company Registration No. SC735425 (Scotland)
MUSTGOOD GROUP LTD Unaudited accounts for the period from 14 June 2022 to 30 June 2023
MUSTGOOD GROUP LTD Unaudited accounts Contents
Page
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MUSTGOOD GROUP LTD Company Information for the period from 14 June 2022 to 30 June 2023
Director
NDU NDU, Eazy Uche
Company Number
SC735425 (Scotland)
Registered Office
1/2 1 POTTER PATH GLASGOW G32 8SB SCOTLAND
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MUSTGOOD GROUP LTD Statement of financial position as at 30 June 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
21,526 
Current assets
Cash at bank and in hand
122 
Creditors: amounts falling due within one year
(1,135)
Net current liabilities
(1,013)
Total assets less current liabilities
20,513 
Creditors: amounts falling due after more than one year
(18,297)
Net assets
2,216 
Capital and reserves
Called up share capital
10 
Profit and loss account
2,206 
Shareholders' funds
2,216 
For the period ending 30 June 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 4 March 2024 and were signed on its behalf by
NDU NDU, Eazy Uche Director Company Registration No. SC735425
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MUSTGOOD GROUP LTD Notes to the Accounts for the period from 14 June 2022 to 30 June 2023
1
Statutory information
MUSTGOOD GROUP LTD is a private company, limited by shares, registered in Scotland, registration number SC735425. The registered office is 1/2 1 POTTER PATH, GLASGOW, G32 8SB, SCOTLAND.
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 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:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 14 June 2022
- 
Additions
22,900 
At 30 June 2023
22,900 
Depreciation
Charge for the period
1,374 
At 30 June 2023
1,374 
Net book value
At 30 June 2023
21,526 
5
Creditors: amounts falling due within one year
2023 
£ 
Taxes and social security
1,014 
Loans from directors
(1)
Accruals
122 
1,135 
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MUSTGOOD GROUP LTD Notes to the Accounts for the period from 14 June 2022 to 30 June 2023
6
Creditors: amounts falling due after more than one year
2023 
£ 
Obligations under finance leases and hire purchase contracts
18,297 
7
Average number of employees
During the period the average number of employees was 1.
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