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Registered Number: 12945718


 

 

 

MGA TRADERS LIMITED



Unaudited Financial Statements
 


Period of accounts

Start date: 01 November 2024

End date: 31 October 2025
Director Abdul Ghafoor
Registered Number 12945718
Registered Office 51 Hadrian Road
Newcastle Upon Tyne
Tyne & Wear
NE4 9HN
Accountants Acumen Accounting
364 West Road
Newcastle Upon Tyne
Tyne & Wear
NE4 9JY
1
 
 
Notes
 
2025
£
  2024
£
Current assets      
Stocks 10,258    11,530 
Cash at bank and in hand 2,114    1,721 
12,372    13,251 
Creditors: amount falling due within one year (1,032)   (1,952)
Net current assets 11,340    11,299 
 
Total assets less current liabilities 11,340    11,299 
Net assets 11,340    11,299 
 

Capital and reserves
     
Called up share capital 1    100 
Profit and loss account 11,339    11,199 
Shareholders' funds 11,340    11,299 
 


For the year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.
The financial statements were approved by the director on 31 July 2026 and were signed by:


-------------------------------
Abdul Ghafoor
Director
2
General Information
MGA Traders Limited is a private company, limited by shares, registered in , registration number 12945718, registration address 51 Hadrian Road, Newcastle Upon Tyne, Tyne & Wear, NE4 9HN.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 2 (2024 : 1).
3