MSG Consulting Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12229017 (England and Wales)

MSG CONSULTING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M S Gahir

Mrs H K Gahir

REGISTERED OFFICE:

9 Biddenham Turn

Biddenham

Bedford

MK40 4AT

REGISTERED NUMBER:

12229017 (England and Wales)

ACCOUNTANTS:

Shah & Co (Accountants) Ltd

Chartered Certified Accountants

Cash's Business Centre

1st Floor

228 Widdrington Road

Coventry

West Midlands

CV1 4PB

FIXED ASSETS

Tangible assets

4

79,047

1,632

CURRENT ASSETS

Debtors

5

149,896

161,180

Cash at bank

180,363

165,907

330,259

327,087

CREDITORS

Amounts falling due within one year

6

(138,925

)

(113,701

)

NET CURRENT ASSETS

191,334

213,386

TOTAL ASSETS LESS CURRENT
LIABILITIES

270,381

215,018

CREDITORS

Amounts falling due after more than one
year

7

(85,664

)

(30,000

)

NET ASSETS

184,717

185,018

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

184,715

185,016

184,717

185,018

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by:

Mr M S Gahir - Director

1.	STATUTORY INFORMATION

Msg Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Office

vehicles

equipment

Totals

£

COST

At 1 April 2024

-

3,559

Additions

77,823

-

77,823

At 31 March 2025

77,823

3,559

81,382

DEPRECIATION

At 1 April 2024

-

1,927

Charge for year

-

408

At 31 March 2025

-

2,335

NET BOOK VALUE

At 31 March 2025

77,823

1,224

79,047

At 31 March 2024

-

1,632

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

-

12,350

Other debtors

149,896

148,830

149,896

161,180

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

5,000

Hire purchase contracts

7,634

-

Trade creditors

31,794

39,528

Taxation and social security

697

2,630

Other creditors

93,800

66,543

138,925

113,701

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans

25,475

30,000

Hire purchase contracts

60,189

-

85,664

30,000

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other creditors £36,143 (2024: £44,776) owed to the directors. The amount is unsecured and interest free with no set terms for repayment.

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £12,500 (2024 - £5,500) were paid to the directors .