1 January 2023 false No description of principal activity Taxfiler 2024.5 11710779business:PrivateLimitedCompanyLtd2023-01-012023-12-31 117107792022-12-31 117107792023-01-012023-12-31 11710779business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 11710779business:FilletedAccounts2023-01-012023-12-31 117107792023-12-31 11710779business:Director12023-01-012023-12-31 11710779business:RegisteredOffice2023-01-012023-12-31 117107792022-12-31 11710779core:WithinOneYear2023-12-31 11710779core:WithinOneYear2022-12-31 11710779core:AfterOneYear2023-12-31 11710779core:AfterOneYear2022-12-31 11710779core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 11710779core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 11710779core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 11710779core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 11710779core:PreviouslyStatedAmount2023-12-31 11710779core:PreviouslyStatedAmount2022-12-31 11710779business:SmallEntities2023-01-012023-12-31 11710779countries:EnglandWales2023-01-012023-12-31 11710779core:PlantMachinery2022-12-31 11710779core:MotorVehicles2022-12-31 11710779core:FurnitureFittings2022-12-31 11710779core:PlantMachinery2023-01-012023-12-31 11710779core:MotorVehicles2023-01-012023-12-31 11710779core:FurnitureFittings2023-01-012023-12-31 11710779core:PlantMachinery2023-12-31 11710779core:MotorVehicles2023-12-31 11710779core:FurnitureFittings2023-12-31 117107792022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11710779 (England and Wales)
M GLASS LTD Filleted accounts for the year ended 31 December 2023
M GLASS LTD Filleted accounts Contents
Page
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M GLASS LTD Company Information for the year ended 31 December 2023
Director
Mykhaylo Balabukh
Company Number
11710779 (England and Wales)
Registered Office
166 COLLEGE ROAD HARROW MIDDLESEX HA1 1BH UNITED KINGDOM
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M GLASS LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,638 
7,260 
Current assets
Debtors
16,142 
20,495 
Cash at bank and in hand
24,598 
48,822 
40,740 
69,317 
Creditors: amounts falling due within one year
(35,803)
(31,400)
Net current assets
4,937 
37,917 
Total assets less current liabilities
9,575 
45,177 
Creditors: amounts falling due after more than one year
(5,667)
(9,667)
Net assets
3,908 
35,510 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,808 
35,410 
Shareholders' funds
3,908 
35,510 
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 27 August 2024 and were signed on its behalf by
Mykhaylo Balabukh Director Company Registration No. 11710779
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M GLASS LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
M GLASS LTD is a private company, limited by shares, registered in England and Wales, registration number 11710779. The registered office is 166 COLLEGE ROAD, HARROW, MIDDLESEX, HA1 1BH, UNITED KINGDOM.
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. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
474 
16,170 
874 
17,518 
Additions
1,266 
- 
- 
1,266 
At 31 December 2023
1,740 
16,170 
874 
18,784 
Depreciation
At 1 January 2023
119 
9,702 
437 
10,258 
Charge for the year
435 
3,234 
219 
3,888 
At 31 December 2023
554 
12,936 
656 
14,146 
Net book value
At 31 December 2023
1,186 
3,234 
218 
4,638 
At 31 December 2022
355 
6,468 
437 
7,260 
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M GLASS LTD Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
3,429 
- 
Trade debtors
7,729 
7,453 
Accrued income and prepayments
3,600 
3,600 
Other debtors
1,384 
944 
16,142 
11,997 
Amounts falling due after more than one year
Other debtors
- 
8,498 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
2,975 
Trade creditors
2,135 
- 
Taxes and social security
888 
9,569 
Proposed dividends
- 
10,949 
Other creditors
32,780 
7,907 
35,803 
31,400 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
5,667 
9,667 
8
Average number of employees
During the year the average number of employees was 2 (2022: 1).
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