Registered number
10635769
MGS Investment Properties Limited
Filleted Accounts
31 March 2024
MGS Investment Properties Limited
Registered number: 10635769
Balance Sheet
as at 31 March 2024
2024 2023
£ £
Fixed assets 3,380,776 3,380,776
Current assets 145,280 107,561
Prepayments and accrued income 14,600 5,621
159,880 113,182
Creditors: amounts falling due within one year (594,786) (2,047,674)
Net current liabilities (434,906) (1,934,492)
Total assets less current liabilities 2,945,870 1,446,284
Creditors: amounts falling due after more than one year (1,500,000) -
Accruals and deferred income (143,738) (143,710)
Net assets 1,302,132 1,302,574
Capital and reserves 1,302,132 1,302,574
Number Number
Average number of employees 4 4
The company is a private company limited by shares and incorporated in England. Its registered office is 1 Exelby Close, Whitebridge Park, Gosforth, Newcastle upon Tyne, NE3 5LG.
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M G Stokoe
Director
Approved by the board on 5 August 2024
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