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MSA Annual Report 2021

Motor Schools Association Annual Report 2019-20 and Handbook 2021.

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ACCOUNTS<br />

Balance Sheet<br />

As at 30 November 2020<br />

2020 2019<br />

£ £ £ £<br />

Fixed Assets<br />

Tangible assets 614 -<br />

Investments 32,115 31,556<br />

32,729 31,556<br />

Current assets<br />

Debtors 9,861 572<br />

Cash at bank and in hand 28,485 19,957<br />

38,346 20,529<br />

Creditors: amounts falling<br />

due within one year (16,340) (21,276)<br />

Net current assets/(liabilities) 22,006 (747)<br />

Total assets less current liabilities 54,735 30,809<br />

Reserves<br />

54,735 30,809<br />

For the financial year ended 30 November 2020 the company was entitled to exemption from<br />

audit under section 477 of the Companies Act 2006.<br />

The directors acknowledge their responsibilities for complying with the requirements of the<br />

Act with respect to accounting records and the preparation of financial statements.<br />

The members have not required the company to obtain an audit of its financial statements for<br />

the year in question in accordance with section 476.<br />

These financial statements have been prepared in accordance with the provisions applicable to<br />

companies subject to the small companies’ regime.<br />

The financial statements were approved by the board of directors and authorised for issue on<br />

........................................<br />

and are signed on its behalf by:<br />

..............................................................<br />

P Harvey Director<br />

14<br />

Need advice, information or support?<br />

Call <strong>MSA</strong> GB on 01625 664501 or see www.msagb.com

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