MG Auto-lines Paint & Body Centre Ltd

	Page
Balance Sheet	1—2

Registered number: 11722595

	2024	2023
	£	£
Fixed assets	3,445	4,591

Current assets	47,496	36,335
Creditors: Amounts Falling Due Within One Year	(44,090 )	(30,647 )

NET CURRENT ASSETS	3,406	5,688

TOTAL ASSETS LESS CURRENT LIABILITIES	6,851	10,279

Creditors: Amounts Falling Due After More Than One Year	(2,616 )	(5,658 )
Accruals and deferred income	(4,118 )	(4,118 )

NET ASSETS	117	503

CAPITAL AND RESERVES	117	503

Notes

1. General Information

MG Auto-lines Paint & Body Centre Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11722595 . The registered office is 10 Bolton Road West, Ramsbottom, Bury, Lancashire, BL0 9ND.

2. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 2)

3. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Matthew Garside	28,360	53,497	43,555	-	38,302

Interest has been charged at the official rate of interest of 2.5%.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr Matthew Garside

Director

27/03/2025