Company registration number 10645394 (England and Wales)
M GAL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
M GAL LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 MARCH 2023
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The director presents his annual report and financial statements for the year ended 31 March 2023.
Principal activities
The principal activity of the company continued to be that of services within the construction industry.
Director
The director who held office during the year and up to the date of signature of the financial statements was as follows:
Mr M Gallagher
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.
On behalf of the board
Mr M Gallagher
Director
18 August 2023
M GAL LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF M GAL LIMITED
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The financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act that relate to preparing the financial statements of the company M Gal Ltd for the year ended 31st March 2023.
We have prepared these financial statements based on the accounting records, information and explanations
provided by you. We do not express an opinion on the financial statements.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Jones Cooper Limited
18 August 2023
Financial Accountants
Hedley Court
Boothferry Road
Goole
East Yorkshire
United Kingdom
DN14 6AA
M GAL LIMITED
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
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2023
2022
£
£
£
£
Fixed assets
14,959
18,506
Current assets
47,962
28,062
Prepayments and accrued income
404
417
Creditors: amounts falling due within one year
(39,040)
(26,872)
Net current assets
9,326
1,607
Total assets less current liabilities
24,285
20,113
Creditors: amounts falling due after more than one year
(2,800)
(7,000)
Net assets
21,485
13,113
Capital and reserves
21,485
13,113
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
At the Balance Sheet date, the Company owed £23,578 to the Directors on an interest free basis (2022 = £19,107)
2
Average employees
The average number of persons (including directors) employed by the company during the year was 2 (2022 - 2).
M Gal Limited is a private company limited by shares incorporated in England and Wales. The registered office is Hedley Court, Boothferry Road, Goole, East Yorkshire, United Kingdom, DN14 6AA.
For the year ended 31 March 2023 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.
M GAL LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2023
31 March 2023
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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.
The financial statements were approved and signed by the director and authorised for issue on 18 August 2023
Mr M Gallagher
Director
Company Registration Number 10645394