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Company Registration No. 11011350 (England and Wales)
MSY FINANCIAL CONTRACTING SERVICES LTD unaudited financial statements for the year ended 31 October 2023
MSY FINANCIAL CONTRACTING SERVICES LTD unaudited financial statements Contents
Page
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MSY FINANCIAL CONTRACTING SERVICES LTD Company Information for the year ended 31 October 2023
Director
Mohammed Shuaib YASIN
Company Number
11011350 (England and Wales)
Registered Office
30 DORSET STREET BRADFORD BD5 9QP UNITED KINGDOM
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of MSY FINANCIAL CONTRACTING SERVICES LTD for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MSY FINANCIAL CONTRACTING SERVICES LTD for the year ended 31 October 2023 as set out on pages 5 - 6 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
HLA Accountants Chartered Certified Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY 1 October 2024
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MSY FINANCIAL CONTRACTING SERVICES LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
18,384 
18,384 
Cash at bank and in hand
7,790 
2 
26,174 
18,386 
Creditors: amounts falling due within one year
(6,760)
- 
Net current assets
19,414 
18,386 
Total assets less current liabilities
19,414 
18,386 
Creditors: amounts falling due after more than one year
(16,511)
(16,511)
Net assets
2,903 
1,875 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,902 
1,874 
Shareholders' funds
2,903 
1,875 
For the year ending 31 October 2023 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 his 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 1 October 2024 and were signed on its behalf by
Mohammed Shuaib YASIN Director Company Registration No. 11011350
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MSY FINANCIAL CONTRACTING SERVICES LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
MSY FINANCIAL CONTRACTING SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 11011350. The registered office is 30 DORSET STREET, BRADFORD, BD5 9QP, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
18,384 
18,384 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
5,760 
- 
Accruals
1,000 
- 
6,760 
- 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
16,511 
16,511 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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