MG55 GLASS LTD

Company Registration Number:
11109518 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

MG55 GLASS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

MG55 GLASS LTD

Company Information

for the Period Ended 31 December 2023




Director: MIHAIL GHIDERMAN
Registered office: 8
Milton Road
Swinton
Manchester
England
M27 9SF
Company Registration Number: 11109518 (England and Wales)

MG55 GLASS LTD

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
MIHAIL GHIDERMAN

This report was approved by the board of directors on 14 September 2024
And Signed On Behalf Of The Board By:

Name: MIHAIL GHIDERMAN
Status: Director

MG55 GLASS LTD

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Turnover 332,685 332,035
Cost of sales ( 252,488 ) ( 250,911 )
Gross Profit or (Loss) 80,197 81,124
Administrative Expenses ( 63,182 ) ( 37,209 )
Operating Profit or (Loss) 17,015 43,915
Interest Payable and Similar Charges ( 133 ) -
Profit or (Loss) Before Tax 16,882 43,915
Tax on Profit ( 3,207 ) ( 8,296 )
Profit or (Loss) for Period 13,675 35,619

The notes form part of these financial statements

MG55 GLASS LTD

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 5 20,354 9,358
Cash at bank and in hand: 330 766
Total current assets: 20,684 10,124
Creditors: amounts falling due within one year: 6 ( 3,207 ) ( 10,454 )
Net current assets (liabilities): 17,477 ( 330 )
Total assets less current liabilities: 17,477 ( 330 )
Total net assets (liabilities): 17,477 ( 330 )

The notes form part of these financial statements

MG55 GLASS LTD

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 17,377 ( 430 )
Shareholders funds: 17,477 ( 330 )

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 14 September 2024
And Signed On Behalf Of The Board By:

Name: MIHAIL GHIDERMAN
Status: Director

The notes form part of these financial statements

MG55 GLASS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MG55 GLASS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

MG55 GLASS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

MG55 GLASS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Dividends


2023
£

2022
£
Dividends paid 35,481

MG55 GLASS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors


2023
£

2022
£
Other debtors 20,354 9,358
Total 20,354 9,358

MG55 GLASS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 3,207 8,296
Other creditors 2,158
Total 3,207 10,454