Registered Number 05681865

MGS TRADES LIMITED

Micro-entity Accounts

31 January 2024

MGS TRADES LIMITED Registered Number 05681865

Micro-entity Balance Sheet as at 31 January 2024

Notes 2024 2023
£ £
Fixed Assets
51,668
57,224
Current Assets
47,667
24,331
Creditors: amounts falling due within one year
(58,150)
(57,247)
Net current assets (liabilities)
(10,483)
(32,916)
Total assets less current liabilities
41,185
24,308
Creditors: amounts falling due after more than one year
(38,761)
(59,489)
Accruals and deferred income
(1,834)
(1,144)
Total net assets (liabilities)
590
(36,325)
Capital and reserves
590
(36,325)
  • For the year ending 31 January 2024 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts 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.

Approved by the Board on 20 October 2024

And signed on their behalf by:
M Genever, Director

MGS TRADES LIMITED Registered Number 05681865

Notes to the Micro-entity Accounts for the period ended 31 January 2024

1Employees
2024 2023
Average number of employees during the period 2 2