MG55 GLASS LTD

Company Registration Number:
11109518 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

MG55 GLASS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MG55 GLASS LTD

Company Information

for the Period Ended 31 December 2024




Director: MIHAIL GHIDERMAN
Registered office: 8
Milton Road
Swinton
Manchester
England
M27 9SF
Company Registration Number: 11109518 (England and Wales)

MG55 GLASS LTD

Directors' Report Period Ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Directors

The directors shown below have held office during the whole of the period from 01 January 2024 to 31 December 2024
MIHAIL GHIDERMAN

This report was approved by the board of directors on 25 July 2025
And Signed On Behalf Of The Board By:

Name: MIHAIL GHIDERMAN
Status: Director

MG55 GLASS LTD

Profit and Loss Account

for the Period Ended 31 December 2024


Notes

2024
£

2023
£
Turnover 117,951 332,685
Cost of sales ( 95,860 ) ( 252,488 )
Gross Profit or (Loss) 22,091 80,197
Administrative Expenses ( 13,149 ) ( 63,182 )
Operating Profit or (Loss) 8,942 17,015
Interest Payable and Similar Charges ( 69 ) ( 133 )
Profit or (Loss) Before Tax 8,873 16,882
Tax on Profit ( 1,686 ) ( 3,207 )
Profit or (Loss) for Period 7,187 13,675

The notes form part of these financial statements

MG55 GLASS LTD

Balance sheet

As at 31 December 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 6,830 20,354
Cash at bank and in hand: 3,955 330
Total current assets: 10,785 20,684
Creditors: amounts falling due within one year: 5 ( 1,686 ) ( 3,207 )
Net current assets (liabilities): 9,099 17,477
Total assets less current liabilities: 9,099 17,477
Total net assets (liabilities): 9,099 17,477

The notes form part of these financial statements

MG55 GLASS LTD

Balance sheet continued

As at 31 December 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 8,999 17,377
Shareholders funds: 9,099 17,477

For the year ending 31 December 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 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.

This report was approved by the board of directors on 25 July 2025
And Signed On Behalf Of The Board By:

Name: MIHAIL GHIDERMAN
Status: Director

The notes form part of these financial statements

MG55 GLASS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MG55 GLASS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

MG55 GLASS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

MG55 GLASS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors


2024
£

2023
£
Other debtors 6,830 20,354
Total 6,830 20,354

MG55 GLASS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 1,686 3,207
Total 1,686 3,207