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COMPANY REGISTRATION NUMBER: 07302084
MSG ACADEMY LTD
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 July 2024
MSG ACADEMY LTD
BALANCE SHEET
31 July 2024
2024
2023
£
£
Fixed assets
727,859
727,859
--------
--------
Current assets
259,927
184,498
Prepayments and accrued income
5,556
5,110
--------
--------
265,483
189,608
Creditors: amounts falling due within one year
( 104,119)
( 99,071)
--------
--------
Net current assets
161,364
90,537
--------
--------
Total assets less current liabilities
889,223
818,396
Accruals and deferred income
( 17,835)
( 17,695)
--------
--------
871,388
800,701
--------
--------
Capital and reserves
871,388
800,701
--------
--------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
2. Other financial commitments
Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £82,475 (2023: £170.148).
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 18 April 2025 , and are signed on behalf of the board by:
MS Grewal
Director
Company registration number: 07302084
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 12 North Bar, Banbury, OX16 0TB.