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Company Registration No. 13289356 (England and Wales)
MAGE GROUP LIMITED Unaudited accounts for the year ended 31 December 2023
MAGE GROUP LIMITED Unaudited accounts Contents
Page
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MAGE GROUP LIMITED Company Information for the year ended 31 December 2023
Director
Kemal Tunc Tiryaki
Company Number
13289356 (England and Wales)
Registered Office
C/O IRWIN MITCHELL LLP RIVERSIDE EAST 2 MILLSANDS SHEFFIELD SOUTH YORKSHIRE S3 8DT
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MAGE GROUP LIMITED Statement of financial position as at 31 December 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
2,646 
Current assets
Debtors
637,126 
Cash at bank and in hand
160,514 
797,640 
Creditors: amounts falling due within one year
(851,084)
Net current liabilities
(53,444)
Net liabilities
(50,798)
Capital and reserves
Called up share capital
100 
Share premium
551,469 
Profit and loss account
(602,367)
Shareholders' funds
(50,798)
For the year ending 31 December 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 13 August 2024 and were signed on its behalf by
Kemal Tunc Tiryaki Director Company Registration No. 13289356
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MAGE GROUP LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
MAGE GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13289356. The registered office is C/O IRWIN MITCHELL LLP RIVERSIDE EAST, 2 MILLSANDS, SHEFFIELD, SOUTH YORKSHIRE, S3 8DT.
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:
Plant & machinery
20
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
- 
Additions
3,664 
At 31 December 2023
3,664 
Depreciation
Charge for the year
1,018 
At 31 December 2023
1,018 
Net book value
At 31 December 2023
2,646 
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
30,000 
Amounts due from group undertakings etc.
88,249 
Other debtors
518,877 
637,126 
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MAGE GROUP LIMITED Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
42,537 
Taxes and social security
5,645 
Other creditors
638,728 
Loans from directors
162,254 
Accruals
1,920 
851,084 
7
Average number of employees
During the year the average number of employees was 2.
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