1 May 2023 false No description of principal activity Taxfiler 2024.6 SC728619business:PrivateLimitedCompanyLtd2023-05-012024-04-30 SC7286192023-04-30 SC7286192023-05-012024-04-30 SC728619business:AuditExemptWithAccountantsReport2023-05-012024-04-30 SC728619business:FilletedAccounts2023-05-012024-04-30 SC7286192024-04-30 SC728619business:Director12023-05-012024-04-30 SC728619business:RegisteredOffice2023-05-012024-04-30 SC7286192023-04-30 SC728619core:WithinOneYear2024-04-30 SC728619core:WithinOneYear2023-04-30 SC728619countries:Scotland2023-05-012024-04-30 SC7286192022-04-052023-04-30 SC728619business:Micro-entities2023-05-012024-04-30 iso4217:GBP xbrli:pure
Company Registration No. SC728619 (Scotland)
MGS FINANCE LTD Unaudited accounts for the year ended 30 April 2024
MGS FINANCE LTD Annual report and unaudited accounts for the year ended 30 April 2024
CONTENTS
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MGS FINANCE LTD Company Information for the year ended 30 April 2024
Director
Mark Sim
Company Number
SC728619 (Scotland)
Registered Office
49 High Street North Berwick NORTH BERWICK EH39 4HH United Kingdom
Accountants
Orry Consultancy Limited 11 Bonnyton Drive Eaglesham Glasgow G76 0LT
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MGS FINANCE LTD Statement of Financial Position as at 30 April 2024
2024 
2023 
£ 
£ 
Fixed assets
769 
1,025 
Current assets
77,059 
56,197 
Prepayments and accrued income
750 
750 
Creditors: amounts falling due within one year
(42,716)
(36,043)
Net current assets
35,093 
20,904 
Total assets less current liabilities
35,862 
21,929 
Accruals and deferred income
(3,050)
(1,275)
Net assets
32,812 
20,654 
Capital and reserves
32,812 
20,654 
NOTES TO THE ACCOUNTS
1 Statutory information
MGS FINANCE LTD is a private company, limited by shares, registered in Scotland, registration number SC728619. The registered office is 49 High Street, North Berwick, NORTH BERWICK, EH39 4HH, United Kingdom.
2 Average number of employees
During the year the average number of employees was 1 (2023: 1).
For the year ending 30 April 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 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 11 April 2025
Mark Sim Director Company Registration No. SC728619
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