MG&E Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 08500613 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

FOR

MG&E LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P P Davies

R Beak

SECRETARY:

R Beak

REGISTERED OFFICE:

Studio 207

The Argent Centre

Frederick Street

Birmingham

B1 3HS

REGISTERED NUMBER:

08500613 (England and Wales)

ACCOUNTANTS:

Prince Accountancy

Chartered Certified Accountants

Charter House

Sandford Street

Lichfield

Staffordshire

WS13 6QA

CURRENT ASSETS

Cash at bank

6,932

533

CREDITORS

Amounts falling due within one year

3

6,557

1,840

NET CURRENT ASSETS/(LIABILITIES)

375

(1,307

)

TOTAL ASSETS LESS CURRENT LIABILITIES

375

(1,307

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

275

(1,407

)

SHAREHOLDERS' FUNDS

375

(1,307

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement for the year ended 30 April 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 28 November 2017 and were signed on its behalf by:

P P Davies - Director

R Beak - Director

1.	STATUTORY INFORMATION

MG&E Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

3.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/17

30/4/16

£

£

Trade creditors

3,188

-

Taxation and social security

1,189

-

Other creditors

2,180

1,840

6,557

1,840