1 December 2022 false No description of principal activity Taxfiler 2024.5 09367722business:PrivateLimitedCompanyLtd2022-12-012023-11-30 093677222022-11-30 093677222022-12-012023-11-30 09367722business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 09367722business:AbridgedAccounts2022-12-012023-11-30 093677222023-11-30 09367722business:Director12022-12-012023-11-30 09367722business:RegisteredOffice2022-12-012023-11-30 093677222022-11-30 09367722core:WithinOneYear2023-11-30 09367722core:WithinOneYear2022-11-30 09367722core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 09367722core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 09367722core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 09367722core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 09367722core:PreviouslyStatedAmount2023-11-30 09367722core:PreviouslyStatedAmount2022-11-30 09367722business:SmallEntities2022-12-012023-11-30 09367722countries:EnglandWales2022-12-012023-11-30 093677222021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 09367722 (England and Wales)
MGT LOGISTICS LTD Unaudited accounts for the year ended 30 November 2023
MGT LOGISTICS LTD Unaudited accounts Contents
Page
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MGT LOGISTICS LTD Company Information for the year ended 30 November 2023
Director
Marian Mihai MANOLE
Company Number
09367722 (England and Wales)
Registered Office
14 Tedder Grove Nuneaton CV11 7AE England
Accountants
Lexarox Ltd Unit 128 203-213 Mare Street London LONDON E8 3JS
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MGT LOGISTICS LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
44,325 
Current assets
Debtors
5,000 
- 
Cash at bank and in hand
168,207 
140,690 
173,207 
140,690 
Creditors: amounts falling due within one year
(4,845)
6,477 
Net current assets
168,362 
147,167 
Net assets
168,362 
191,492 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
168,361 
191,491 
Shareholders' funds
168,362 
191,492 
For the year ending 30 November 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 27 August 2024 and were signed on its behalf by
Marian Mihai MANOLE Director Company Registration No. 09367722
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MGT LOGISTICS LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
MGT LOGISTICS LTD is a private company, limited by shares, registered in England and Wales, registration number 09367722. The registered office is 14 Tedder Grove, Nuneaton, CV11 7AE, 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.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 December 2022
64,220 
Disposals
(41,444)
At 30 November 2023
22,776 
Depreciation
At 1 December 2022
19,895 
Charge for the year
2,881 
At 30 November 2023
22,776 
Net book value
At 30 November 2023
- 
At 30 November 2022
44,325 
5
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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