2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-06-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 13377826 2023-06-01 2024-05-31 13377826 2024-05-31 13377826 2023-05-31 13377826 2022-06-01 2023-05-31 13377826 2023-05-31 13377826 2022-05-31 13377826 bus:Director1 2023-06-01 2024-05-31 13377826 core:WithinOneYear 2024-05-31 13377826 core:WithinOneYear 2023-05-31 13377826 core:AfterOneYear 2024-05-31 13377826 core:AfterOneYear 2023-05-31 13377826 bus:Micro-entities 2023-06-01 2024-05-31 13377826 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 13377826 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 13377826 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13377826 bus:FullAccounts 2023-06-01 2024-05-31 13377826 bus:Director1 2022-06-01 2023-05-31
COMPANY REGISTRATION NUMBER: 13377826
MG Welding Services Ltd
Filleted Unaudited Financial Statements
31 May 2024
MG Welding Services Ltd
Statement of Financial Position
31 May 2024
2024
2023
£
£
£
£
Fixed assets
26,816
34,694
--------
--------
Current assets
22,037
31,045
Creditors: amounts falling due within one year
19,124
14,592
--------
--------
Net current assets
2,913
16,453
--------
--------
Total assets less current liabilities
29,729
51,147
Creditors: amounts falling due after more than one year
18,667
25,667
Accruals and deferred income
1,200
1,200
--------
--------
9,862
24,280
--------
--------
Capital and reserves
9,862
24,280
-------
--------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 1 ).
2. Director's advances, credits and guarantees
As at 31 May 2024 the company owed the director Mr M Griffith £ 0 (2023 £ 131 )
3. Other financial commitments
Financial commitments under non-cancellable operating leases, later than 1 year and not later than 5 years are as follows: Plant and machinery £ 6,000 (2023 £ 6,000 ).
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- 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 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 18 July 2024 , and are signed on behalf of the board by:
Mr M Griffiths
Director
Company registration number: 13377826
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 4 Hollywell Avenue, Castleford, WF10 3FD.