Company registration number 07670670 (England and Wales)
MSGM LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
MSGM LTD
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
5,875
4,706
Current assets
33,885
42,113
Creditors: amounts falling due within one year
(23,733)
(24,396)
Net current assets
10,152
17,717
Total assets less current liabilities
16,027
22,423
Creditors: amounts falling due after more than one year
(15,889)
(22,128)
Net assets
138
295
Capital and reserves
138
295
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
During the year the company provided the director with a loan, balance outstanding at the end of the year £31,478 (2022 - £25,135), maximum balance outstanding during the year £31,478. This loan has been provided interest free with no formal repayment terms.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
1
2
MSGM Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Second Floor, 3 Liverpool Gardens, Worthing, West Sussex, BN11 1TF.
For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
MSGM LTD
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2023
31 March 2023
- 2 -
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 12 March 2024
M Shuter
Director
Company registration number 07670670 (England and Wales)