MG Photography Limited Filleted accounts for Companies House (small and micro)

MG PHOTOGRAPHY LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 06546751

MG Photography Limited

Filleted Unaudited Financial Statements

31 March 2021

MG Photography Limited

Statement of Financial Position

31 March 2021

	2021		2020
	£	£	£
Fixed assets		45,376	17,535
		--------	--------

Current assets		4,621	3,526

Creditors: amounts falling due within one year	71,463	16,952
	--------	--------
Net current liabilities	( 66,842)	( 13,426)
	--------	--------
Total assets less current liabilities	( 21,466)	4,109

Accruals and deferred income	1,715	1,455
	--------	-------
	(23,181)	2,654
	--------	-------

Capital and reserves	( 23,181)	2,654
	--------	-------

Notes to the financial statements

1. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2020: 1 ).

2. Going concern

As at the year end the liabilities of the company exceeded its assets by £23,181. The Company is therefore dependant on the support of its Director and other creditors. The accounts have been prepared on a going concern basis as the Director has no plans to withdraw his support, know of no plans by other creditors to withdraw their support and because indications are the Company will trade profitably in the future and generate sufficient funds such that assets exceed liabilities.

For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- 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 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the board of directors and authorised for issue on 20 December 2021 , and are signed on behalf of the board by:

Mr M Giles

Director

Company registration number: 06546751

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Enterprise House, Timbrell Street, Trowbridge, Wiltshire, BA14 8PL, England.