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Financial Statements |
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Contents |
Page |
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Designated members and professional advisers |
1 |
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Members' report |
2 |
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Statement of comprehensive income |
3 |
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Statement of financial position |
4 |
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Reconciliation of members' interests |
6 |
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Notes to the financial statements |
8 |
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Designated Members and Professional Advisers |
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Designated members |
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Registered office |
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Accountants |
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Chartered accountants |
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3 Hagley Court South |
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Waterfront East |
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Level Street |
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Brierley Hill |
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DY5 1XE |
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Members' Report |
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M A Investments Group Ltd
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Mr S J Swift
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Designated Member |
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Registered office: |
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Statement of Comprehensive Income |
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2024 |
2023 |
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Note |
£ |
£ |
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Turnover |
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Cost of sales |
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-------- |
-------- |
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Gross profit |
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Administrative expenses |
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-------- |
-------- |
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Operating profit/(loss) |
4 |
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(
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-------- |
-------- |
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Profit/(loss) for the financial year before members' remuneration and profit shares available for discretionary division among members |
15,426 |
(15,330) |
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-------- |
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Statement of Financial Position |
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2024 |
2023 |
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Note |
£ |
£ |
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Tangible assets |
5 |
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Debtors |
6 |
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Creditors: amounts falling due within one year |
7 |
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-------- |
-------- |
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Net current assets |
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-------- |
-------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
8 |
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-------- |
-------- |
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Net liabilities |
– |
– |
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-------- |
-------- |
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Other amounts |
– |
– |
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---- |
---- |
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Other reserves |
– |
– |
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---- |
---- |
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– |
– |
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---- |
---- |
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Amounts due from members |
(64,841) |
(62,321) |
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Loans and other debts due to members |
– |
– |
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Members' other interests |
– |
– |
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-------- |
-------- |
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(64,841) |
(62,321) |
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Statement of Financial Position (continued) |
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Mr S J Swift
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Designated Member |
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Reconciliation of Members' Interests |
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Members' other interests |
Loans and other debts due to members less any amounts due from members in debtors |
Total members' interests |
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Other reserves |
Total |
Other amounts |
Total |
Total 2024 |
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£ |
£ |
£ |
£ |
£ |
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Balance at 1 April 2023 |
– |
– |
(62,321) |
(62,321) |
(62,321) |
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Profit for the financial year available for discretionary division among members |
15,426 |
15,426 |
15,426 |
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Members' interests after profit for the year |
15,426 |
15,426 |
(62,321) |
(62,321) |
(46,895) |
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Other division of profits |
(15,426) |
(15,426) |
15,426 |
15,426 |
– |
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Drawings |
(17,946) |
(17,946) |
(17,946) |
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Balance at 31 March 2024 |
– |
– |
(64,841) |
(64,841) |
(64,841) |
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Reconciliation of Members' Interests (continued) |
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Members' other interests |
Loans and other debts due to members less any amounts due from members in debtors |
Total members' interests |
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Other reserves |
Total |
Other amounts |
Total |
Total 2023 |
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£ |
£ |
£ |
£ |
£ |
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Balance at 1 April 2022 |
– |
– |
(58,719) |
(58,719) |
(58,719) |
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Loss for the financial year available for discretionary division among members |
(15,330) |
(15,330) |
(15,330) |
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Members' interests after loss for the year |
(15,330) |
(15,330) |
(58,719) |
(58,719) |
(74,049) |
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Other division of profits |
15,330 |
15,330 |
(15,330) |
(15,330) |
– |
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Drawings |
11,728 |
11,728 |
11,728 |
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-------- |
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Balance at 31 March 2023 |
– |
– |
(62,321) |
(62,321) |
(62,321) |
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Notes to the Financial Statements |
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1. |
General information |
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2. |
Statement of compliance |
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3. |
Accounting policies |
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Equipment |
- |
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4. |
Operating profit/(loss) |
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2024 |
2023 |
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£ |
£ |
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Depreciation of tangible assets |
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------- |
------- |
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5. |
Tangible assets |
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Equipment |
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£ |
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Cost |
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At 1 April 2023 |
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Disposals |
(
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------- |
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At 31 March 2024 |
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------- |
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Depreciation |
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At 1 April 2023 |
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Charge for the year |
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Disposals |
(
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------- |
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At 31 March 2024 |
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------- |
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Carrying amount |
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At 31 March 2024 |
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------- |
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At 31 March 2023 |
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------- |
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6. |
Debtors |
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2024 |
2023 |
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£ |
£ |
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Trade debtors |
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– |
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Other debtors |
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-------- |
-------- |
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-------- |
-------- |
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2024 |
2023 |
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£ |
£ |
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Bank loans and overdrafts |
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Other creditors |
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Other creditors |
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-------- |
-------- |
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-------- |
-------- |
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2024 |
2023 |
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£ |
£ |
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Bank loans and overdrafts |
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Other creditors - Music Industry Group Ltd |
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-------- |
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-------- |
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