Micro-entity Accounts - MAGNUS LLOYD INTERNATIONAL LIMITED

Micro-entity Accounts - MAGNUS LLOYD INTERNATIONAL LIMITED

MAGNUS LLOYD INTERNATIONAL LIMITED - Company Information

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Registered Number 10206115

MAGNUS LLOYD INTERNATIONAL LIMITED

Micro-entity Accounts

31 May 2020

MAGNUS LLOYD INTERNATIONAL LIMITED Registered Number 10206115

Micro-entity Balance Sheet as at 31 May 2020

Notes 2020 2019
£ £
Fixed Assets
639
1,280
Current Assets
144,849
85,666
Creditors: amounts falling due within one year
(98,874)
(74,967)
Net current assets (liabilities)
45,975
10,699
Total assets less current liabilities
46,614
11,979
Creditors: amounts falling due after more than one year
(37,500)
-
Total net assets (liabilities)
9,114
11,979
Capital and reserves
9,114
11,979
  • For the year ending 31 May 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts 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.

Approved by the Board on 12 January 2022

And signed on their behalf by:
ASHOK KARRA, Director

Footnotes:
  • Advances and credits
    The following advances and credits to a director subsisted during the years ended 31st May 2020 and 31st May 2019.

    Mr Ashok Karra
    Balance at start of the year £61,871 (2019 - £43,448)
    Amounts advanced £10.240 (2019 - £18,423)
    Balance outstanding at end of year £71,111 (2019 - £61,871)

MAGNUS LLOYD INTERNATIONAL LIMITED Registered Number 10206115

Notes to the Micro-entity Accounts for the period ended 31 May 2020

1Employees
2020 2019
Average number of employees during the period 2 2