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COMPANY REGISTRATION NUMBER: 3841534

MSL Trading Limited

Filleted Unaudited Financial Statements

31 December 2024

MSL Trading Limited

Statement of Financial Position

31 December 2024

| 2024 | 2023
Note | £ | £ | £ | £

Fixed assets

Tangible assets | 4 |  | 686 |  | 1,028

Current assets

Debtors | 5 | 9,305 |  | 14,368 |
Cash at bank and in hand | 7,396 |  | 6,776 |
| -------- |  | -------- |
| 16,701 |  | 21,144 |

Creditors: amounts falling due within one year | 6 | 82,522 |  | 85,429 |
| -------- |  | -------- |
Net current liabilities |  | 65,821 |  | 64,285
|  | -------- |  | --------
Total assets less current liabilities |  | ( 65,135) |  | ( 63,257)
|  | -------- |  | --------
Net liabilities |  | ( 65,135) |  | ( 63,257)
|  | -------- |  | --------

Capital and reserves

Called up share capital |  | 100 |  | 100
Profit and loss account |  | ( 65,235) |  | ( 63,357)
|  | -------- |  | --------
Shareholders deficit |  | ( 65,135) |  | ( 63,257)
|  | -------- |  | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

MSL Trading Limited

Statement of Financial Position (continued)

31 December 2024
These financial statements were approved by the board of directors and authorised for issue on 8 September 2025 , and are signed on behalf of the board by:

Mr R.L. Bamber | Mrs S. A. Bamber
Director | Director

Company registration number: 3841534

MSL Trading Limited

Notes to the Financial Statements

Year Ended 31 December 2024
1. General Information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is One Express, 1 George Leigh Street, Manchester, M4 5DL, England.
2. Statement of Compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis Going Concern At the year end the balance sheet showed a deficit. However the directors, who are also shareholders, have indicated their willingness to support the company. Judgements and Key Sources of Estimation Uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Significant judgements The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows: Determination of whether there are indicators of impairment of the company's tangible fixed assets. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset. Key sources of estimation uncertainty Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows: Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. Residual value assessments consider issues such as remaining life of the asset and projected disposal values. The carrying value amount is £686 (2023 - £1,028). Revenue Recognition The turnover shown in the profit and loss account represents the value of goods supplied under the principal activities of the company, exclusive of Value Added Tax. Foreign Currencies Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account. Tangible Assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures and fittings | - | 20% straight line
| Equipment | - | 25% straight line

Impairment of Fixed Assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Tangible Assets

| Fixtures and fittings | Equipment | Total
| £ | £ | £
Cost |  |  |
At 1 January 2024 and 31 December 2024 | 4,400 | 24,789 | 29,189
| ------- | -------- | --------
Depreciation |  |  |
At 1 January 2024 | 4,399 | 23,762 | 28,161
Charge for the year | – | 342 | 342
| ------- | -------- | --------
At 31 December 2024 | 4,399 | 24,104 | 28,503
| ------- | -------- | --------
Carrying amount |  |  |
At 31 December 2024 | 1 | 685 | 686
| ------- | -------- | --------
At 31 December 2023 | 1 | 1,027 | 1,028
| ------- | -------- | --------

5. Debtors

| 2024 | 2023
| £ | £
Trade debtors | 8,637 | 12,948
Other debtors | 668 | 1,420
| ------- | --------
| 9,305 | 14,368
| ------- | --------

6. Creditors: amounts falling due within one year

| 2024 | 2023
| £ | £
Social security and other taxes | 223 | 1,629
Other creditors | 82,299 | 83,800
| -------- | --------
| 82,522 | 85,429
| -------- | --------

7. Controlling Party
In the opinion of the directors the company is controlled by Mrs S.A Bamber.