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REGISTERED NUMBER: 06910252 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Migra Global Network Limited

Migra Global Network Limited (Registered number: 06910252)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Migra Global Network Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: E Rosa Brunet
M Jablecka





REGISTERED OFFICE: 119 Marylebone Road
London
NW1 5PU





REGISTERED NUMBER: 06910252 (England and Wales)





ACCOUNTANTS: We`ll Mind Your Own Business LTD
39 Long Acre
London
WC2E 9LG

Migra Global Network Limited (Registered number: 06910252)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,916 3,234

CURRENT ASSETS
Debtors 5 41,890 66,595
Cash at bank 52,454 64,519
94,344 131,114
CREDITORS
Amounts falling due within one year 6 67,366 34,202
NET CURRENT ASSETS 26,978 96,912
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,894

100,146

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 28,884 100,136
SHAREHOLDERS' FUNDS 28,894 100,146

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Migra Global Network Limited (Registered number: 06910252)

Balance Sheet - continued
31 May 2024


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 Board of Directors and authorised for issue on 17 September 2024 and were signed on its behalf by:





E Rosa Brunet - Director


Migra Global Network Limited (Registered number: 06910252)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Migra Global Network 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and Equipment 33% straight line

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 4 (2023 - 4 ) .

Migra Global Network Limited (Registered number: 06910252)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 June 2023 7,851
Additions 766
At 31 May 2024 8,617
DEPRECIATION
At 1 June 2023 4,617
Charge for year 2,084
At 31 May 2024 6,701
NET BOOK VALUE
At 31 May 2024 1,916
At 31 May 2023 3,234

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 29,671 20,811
Other debtors 11,460 11,977
Prepayments and accrued income 759 33,807
41,890 66,595

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 32 -
Trade creditors 620 -
Corporation tax 25,944 20,400
Social security and other taxes 1,256 5,580
VAT 8,153 5,978
Other creditors 30,461 756
Accrued expenses 900 1,488
67,366 34,202

7. RELATED PARTY DISCLOSURES

During the year, total salary of £29,000 (2023 - £45,000) were paid to the directors.