Company Registration Number 06250515 (England and Wales)
MSC LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2020
PAGES FOR FILING WITH REGISTRAR
MSC LTD
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MSC LTD FOR THE YEAR ENDED 30 NOVEMBER 2020
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MSC Ltd for the year ended 30 November 2020, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the
b
oard of
d
irectors of MSC Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of MSC Ltd and state those matters that we have agreed to state to the
b
oard of
d
irectors of MSC Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MSC Ltd and its
b
oard of
d
irectors as a body, for our work or for this report.
It is your duty to ensure that MSC Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit
of MSC Ltd. You consider that MSC Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of MSC Ltd. For this reason, we have not verified the accuracy or completeness of the
accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Carpenter Box
28 February 2022
Chartered Accountants
Amelia House
Crescent Road
Worthing
West Sussex
BN11 1RL
MSC LTD
BALANCE SHEET
AS AT
30 NOVEMBER 2020
30 November 2020
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2020
2019
£
£
£
£
Called up share capital not paid
2
2
Current assets
56,587
66,575
Creditors: amounts falling due within one year
(23,215)
(36,818)
Net current assets
33,372
29,757
Total assets less current liabilities
33,374
29,759
Creditors: amounts falling due after more than one year
(20,561)
1,064
Net assets
12,813
30,823
Capital and reserves
12,813
30,823
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
As at the balance sheet date, the director owed the company £31,126 (2019 - £32,152). Interest has been charged on the balance.
2
Employees
The average number of persons (including directors) employed by the company during the year was 0 (2019 - 1
).
MSC Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 30-31 Queens Road, Brighton, East Sussex, BN1 3XA.
For the year ended 30 November 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
MSC LTD
BALANCE SHEET (CONTINUED)
AS AT
30 NOVEMBER 2020
30 November 2020
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The financial statements were approved and signed by the director and authorised for issue on 28 February 2022
Mr G J Price
Director
Company Registration Number 06250515