IRIS Accounts Production v24.1.0.578 13310149 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh133101492023-03-31133101492024-03-31133101492023-04-012024-03-31133101492022-03-31133101492022-04-012023-03-31133101492023-03-3113310149ns15:EnglandWales2023-04-012024-03-3113310149ns14:PoundSterling2023-04-012024-03-3113310149ns10:Director12023-04-012024-03-3113310149ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3113310149ns10:SmallEntities2023-04-012024-03-3113310149ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3113310149ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3113310149ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3113310149ns10:FullAccounts2023-04-012024-03-3113310149ns10:RegisteredOffice2023-04-012024-03-3113310149ns5:CurrentFinancialInstruments2024-03-3113310149ns5:CurrentFinancialInstruments2023-03-3113310149ns5:ShareCapital2024-03-3113310149ns5:ShareCapital2023-03-3113310149ns5:RetainedEarningsAccumulatedLosses2024-03-3113310149ns5:RetainedEarningsAccumulatedLosses2023-03-3113310149ns5:ComputerEquipment2023-04-012024-03-3113310149ns5:ComputerEquipment2023-03-3113310149ns5:ComputerEquipment2024-03-3113310149ns5:ComputerEquipment2023-03-3113310149ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3113310149ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31133101491ns10:Director12023-03-31133101491ns10:Director12022-03-31133101491ns10:Director12023-04-012024-03-31133101491ns10:Director12022-04-012023-03-31133101491ns10:Director12024-03-31133101491ns10:Director12023-03-31
REGISTERED NUMBER: 13310149 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

MSC BUSINESS SERVICES LTD

MSC BUSINESS SERVICES LTD (REGISTERED NUMBER: 13310149)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MSC BUSINESS SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: M S Collins





REGISTERED OFFICE: 5 The Quadrant
Coventry
CV1 2EL





REGISTERED NUMBER: 13310149 (England and Wales)





ACCOUNTANTS: Askews Chartered Certified Accountants
5 The Quadrant
Coventry
West Midlands
CV1 2EL

MSC BUSINESS SERVICES LTD (REGISTERED NUMBER: 13310149)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 309 619

CURRENT ASSETS
Debtors 5 66,026 35,998
Cash at bank 63,025 74,049
129,051 110,047
CREDITORS
Amounts falling due within one year 6 31,254 50,857
NET CURRENT ASSETS 97,797 59,190
TOTAL ASSETS LESS CURRENT
LIABILITIES

98,106

59,809

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 98,006 59,709
98,106 59,809

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 27 August 2024 and were signed by:





M S Collins - Director


MSC BUSINESS SERVICES LTD (REGISTERED NUMBER: 13310149)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

MSC Business Services Ltd 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.
Computer equipment - 33% per annum of cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

MSC BUSINESS SERVICES LTD (REGISTERED NUMBER: 13310149)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023
and 31 March 2024 1,238
DEPRECIATION
At 1 April 2023 619
Charge for year 310
At 31 March 2024 929
NET BOOK VALUE
At 31 March 2024 309
At 31 March 2023 619

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 31,688 35,998
Other debtors 34,338 -
66,026 35,998

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 693 763
Taxation and social security 30,243 27,779
Other creditors 318 22,315
31,254 50,857

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
M S Collins
Balance outstanding at start of year (22,315 ) -
Amounts advanced 102,498 565
Amounts repaid (47,541 ) (22,880 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 32,642 (22,315 )