Company Registration No. 05925020 (England and Wales)
MG EQUINE SERVICES LIMITED
Unaudited accounts
for the year ended 30 September 2024
MG EQUINE SERVICES LIMITED
Unaudited accounts
Contents
MG EQUINE SERVICES LIMITED
Company Information
for the year ended 30 September 2024
Director
Madeleine Gardner
Company Number
05925020 (England and Wales)
Registered Office
18 Hawthorn Way
Warwickshire
CV36 4FD
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
MG EQUINE SERVICES LIMITED
Accountants' report
Accountants' report to the director of MG EQUINE SERVICES LIMITED on the preparation of the unaudited statutory accounts for the year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
MG EQUINE SERVICES LIMITED for the year ended
30 September 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of MG EQUINE SERVICES LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of MG EQUINE SERVICES LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MG EQUINE SERVICES LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that MG EQUINE SERVICES LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of MG EQUINE SERVICES LIMITED. You consider that MG EQUINE SERVICES LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of MG EQUINE SERVICES LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
15 October 2024
MG EQUINE SERVICES LIMITED
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
5,899
3,956
Creditors: amounts falling due within one year
(10,768)
(10,173)
Net current liabilities
(75)
(2,604)
Net assets/(liabilities)
486
(1,920)
Called up share capital
100
100
Profit and loss account
386
(2,020)
Shareholders' funds
486
(1,920)
For the year ending 30 September 2024 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 October 2024 and were signed on its behalf by
Madeleine Gardner
Director
Company Registration No. 05925020
MG EQUINE SERVICES LIMITED
Notes to the Accounts
for the year ended 30 September 2024
MG EQUINE SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05925020. The registered office is 18 Hawthorn Way, Warwickshire, CV36 4FD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% Reducing Balance Method
4
Tangible fixed assets
Plant & machinery
At 30 September 2024
2,719
At 30 September 2024
2,158
Amounts falling due within one year
MG EQUINE SERVICES LIMITED
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,975
2,632
Loans from directors
5,519
2,225
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Current Account
(2,225)
(3,294)
-
(5,519)
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).