Mygroup Digital Ltd
Statement of Financial Position
as at 31 August 2017
Current assets
198,870
115,866
Prepayments and accrued income
113
376
Creditors: amounts falling due within one year
(42,813)
(29,153)
Net current assets
156,170
87,089
Total assets less current liabilities
162,465
91,578
Provisions for liabilities
-
(800)
Accruals and deferred income
(2,170)
(2,022)
Capital and reserves
160,295
88,756
1 Director's advances, credit and guarantees
The company was under the control of Mr D P Roberts throughout the current and previous year. Mr D P Roberts is
the managing director and sole shareholder.
Included in debtors is £11,449 due from Mr Roberts (2016 - £1,979).
No interest has been charged on this loan.
For the year ending 31 August 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 21 May 2018
Mr D P Roberts
Director
Company Registration No. 07345539