IRIS Accounts Production v24.2.0.383 SC403203 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false 6734 34378 41112 888 5846 6734 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4032032023-03-31SC4032032024-03-31SC4032032023-04-012024-03-31SC4032032022-03-31SC4032032022-04-012023-03-31SC4032032023-03-31SC403203ns15:Scotland2023-04-012024-03-31SC403203ns14:PoundSterling2023-04-012024-03-31SC403203ns10:Director12023-04-012024-03-31SC403203ns10:PrivateLimitedCompanyLtd2023-04-012024-03-31SC403203ns10:Micro-entities2023-04-012024-03-31SC403203ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-31SC403203ns10:FullAccounts2023-04-012024-03-31SC403203ns10:Director2422023-03-31SC403203ns10:Director2422022-03-31SC403203ns10:Director2422022-04-012023-03-31SC403203ns10:Director2422023-04-012024-03-31SC403203ns10:Director2422024-03-31SC403203ns10:Director2422023-03-31SC403203ns5:CurrentFinancialInstruments2024-03-31SC403203ns5:CurrentFinancialInstruments2023-03-31SC403203ns10:RegisteredOffice2023-04-012024-03-31SC403203ns10:Director22023-04-012024-03-31SC4032031ns10:Director12023-03-31SC4032031ns10:Director12022-03-31SC4032031ns10:Director12023-04-012024-03-31SC4032031ns10:Director12022-04-012023-03-31SC4032031ns10:Director12024-03-31SC4032031ns10:Director12023-03-31
REGISTERED NUMBER: SC403203 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

MGS Wellservices Limited

MGS Wellservices Limited (Registered number: SC403203)






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




Page

Statement of Financial Position 1


MGS Wellservices Limited (Registered number: SC403203)

Statement of Financial Position
31 March 2024

2024 2023
£    £    £    £   
FIXED ASSETS 933 506

CURRENT ASSETS 26,951 37,026

CREDITORS
Amounts falling due within one year (12,857 ) (13,868 )
NET CURRENT ASSETS 14,094 23,158
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,027

23,664

CAPITAL AND RESERVES 15,027 23,664

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

MGS Wellservices Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC403203

Registered office: 13 Alder Tree Road
Banchory
Aberdeenshire
AB31 4FW

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


2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2023 - 2 ) .

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
£    £   
M G Stewart and Mrs C A Stewart
Balance outstanding at start of year 6,734 (34,378 )
Amounts advanced - 41,112
Amounts repaid (888 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,846 6,734



MGS Wellservices Limited (Registered number: SC403203)

Statement of Financial Position - continued
31 March 2024


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 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2024 and were signed on its behalf by:





M G Stewart - Director