MGT Motorsport Limited - Accounts to registrar (filleted) - small 18.2

MGT Motorsport Limited - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: 08972672 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2021

for

MGT Motorsport Limited

MGT Motorsport Limited (Registered number: 08972672)






Contents of the Financial Statements
for the Year Ended 31 March 2021




Page

Balance Sheet 1


MGT Motorsport Limited (Registered number: 08972672)

Balance Sheet
31 March 2021

31.3.21 31.3.20
£    £    £    £   
FIXED ASSETS 149,486 157,398

CURRENT ASSETS 34,341 47,753

CREDITORS
Amounts falling due within one year (142,044 ) (162,101 )
NET CURRENT LIABILITIES (107,703 ) (114,348 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,783

43,050

CREDITORS
Amounts falling due after more than
one year

15,122

15,122
NET ASSETS 26,661 27,928

CAPITAL AND RESERVES 26,661 27,928

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

MGT Motorsport Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08972672

Registered office: Enterprise House
Tenlons Road
Nuneaton
Warwickshire
CV10 7HR

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 3 (2020 - 3 ) .



MGT Motorsport Limited (Registered number: 08972672)

Balance Sheet - continued
31 March 2021


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2021 and were signed on its behalf by:





G L Wong - Director