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REGISTERED NUMBER: 09905134 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

The Music Galaxy Radio - MGR Limited

The Music Galaxy Radio - MGR Limited (Registered number: 09905134)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


The Music Galaxy Radio - MGR Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: B Mahjoobi





REGISTERED OFFICE: 2B Haddo Street
Greenwich
London
SE10 9RN





REGISTERED NUMBER: 09905134 (England and Wales)





ACCOUNTANTS: Burnbecks Limited
Chartered Certified Accountants
2B Haddo Street
Greenwich
London
SE10 9RN

The Music Galaxy Radio - MGR Limited (Registered number: 09905134)

Abridged Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 59 79

CURRENT ASSETS
Debtors - 5
Cash at bank and in hand 10 1
10 6
CREDITORS
Amounts falling due within one year 17,123 15,024
NET CURRENT LIABILITIES (17,113 ) (15,018 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,054

)

(14,939

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (17,055 ) (14,940 )
(17,054 ) (14,939 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The Music Galaxy Radio - MGR Limited (Registered number: 09905134)

Abridged Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 September 2024 and were signed by:





B Mahjoobi - Director


The Music Galaxy Radio - MGR Limited (Registered number: 09905134)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

The Music Galaxy Radio - MGR Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
At the balance sheet date the company's liabilities exceeded its assets by £17,054. Working capital is provided by a loan from the director and as this will not be repaid until cash flow permits, the director has prepared these accounts on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 494
DEPRECIATION
At 1 January 2023 415
Charge for year 20
At 31 December 2023 435
NET BOOK VALUE
At 31 December 2023 59
At 31 December 2022 79