The Mga Academy Of Performing Arts Limited in Edinburgh, EH11 2RZ

Description

Data updated on: 01-11-2023

The Mga Academy Of Performing Arts came into being in 2011 as a company enlisted under no SC413496, located at EH11 2RZ Edinburgh at 207 Balgreen Road. The firm has been in business for 13 years and its last known state is active. The company's SIC code is 85410 which means Post-secondary non-tertiary education. 2022-08-31 is the last time when company accounts were reported.

As for the following business, a number of director's responsibilities have been executed by Andrew E. and Giles A.. Within the group of these two people, Giles A. has carried on with the business for the longest period of time, having become a member of directors' team on October 2021.

Andrew E. is the individual with significant control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-07-31	2013-07-31	2014-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-44 448	-80 636	-42 740

Balance Sheet
Cash Bank In Hand	3 470		86
Cash Bank On Hand					35 800	2 248	353 104	313 997	30 274
Current Assets	4 620	25 912	152 929	478 095	604 702	566 354	861 625	760 978	430 213
Debtors	1 150	25 912	152 843	478 095	568 902	564 106	508 521	446 981	399 939
Intangible Fixed Assets	154 667	122 667	90 667
Net Assets Liabilities				-38 612	11 795	20 669	41 007	58 280	-137 787
Net Assets Liabilities Including Pension Asset Liability	-44 448	-80 636	-42 740
Other Debtors				129 633	168 327	224 753	172 454	174 360	129 128
Property Plant Equipment				52 872	77 216	140 103	122 015	139 856	112 031
Tangible Fixed Assets	63 770	54 659	52 071

Capital & Reserves
Called Up Share Capital	150	150	150
Profit Loss Account Reserve	-44 598	-80 786	-42 890
Shareholder Funds	-44 448	-80 636	-42 740

Other Financial Data
Amount Specific Advance Or Credit Directors				500	12 653	29 399	32 493	32 493
Amount Specific Advance Or Credit Made In Period Directors					13 153	30 000	3 094
Amount Specific Advance Or Credit Repaid In Period Directors						13 254			32 493
Accumulated Amortisation Impairment Intangible Assets				160 000	160 000	160 000	160 000	160 000
Accumulated Depreciation Impairment Property Plant Equipment				47 301	57 488	71 618	92 904	125 563	154 318
Average Number Employees During Period				9	23	27	26	30	30
Bank Borrowings Overdrafts				57 880		58 548	130 833	154 683	118 099
Creditors				6 767	670 123	7 745	130 833	154 683	118 099
Creditors Due After One Year	154 198	130 170	129 252
Creditors Due Within One Year	113 307	153 704	209 155
Fixed Assets	218 437	177 326	142 738	52 872	77 216	140 103	122 015	139 856	112 031
Increase From Depreciation Charge For Year Property Plant Equipment					10 187	14 130	21 286	32 659	28 755
Intangible Assets Gross Cost				160 000	160 000	160 000	160 000	160 000
Intangible Fixed Assets Additions	160 000
Intangible Fixed Assets Aggregate Amortisation Impairment	5 333	37 333	69 333
Intangible Fixed Assets Amortisation Charged In Period	5 333	32 000	32 000
Intangible Fixed Assets Cost Or Valuation	160 000	160 000
Net Current Assets Liabilities	-108 687	-127 792	-56 226	-84 717	-65 421	-111 689	49 825	77 955	-126 871
Number Shares Allotted	150	150	150
Other Creditors				6 767	81 381	7 745	194 246	129 375	95 249
Other Taxation Social Security Payable				174 022	134 155	114 671	377 389	285 313	142 565
Par Value Share	1	1	1
Property Plant Equipment Gross Cost				100 173	134 704	211 721	214 919	265 419	266 349
Share Capital Allotted Called Up Paid	150	150	150
Tangible Fixed Assets Additions	63 770		5 422
Tangible Fixed Assets Cost Or Valuation	63 770	63 770	69 192
Tangible Fixed Assets Depreciation		9 111	17 121
Tangible Fixed Assets Depreciation Charged In Period		9 111	8 010
Total Additions Including From Business Combinations Property Plant Equipment					34 531	77 017	3 198	50 500	930
Total Assets Less Current Liabilities	109 750	49 534	86 512	-31 845	11 795	28 414	171 840	217 811	-14 840
Trade Creditors Trade Payables				261 763	454 587	428 958	228 498	246 252	266 143
Trade Debtors Trade Receivables				348 462	400 575	339 353	336 067	272 621	270 811
Advances Credits Directors		6 044	6 694
Advances Credits Made In Period Directors		6 044
Bank Borrowings							142 500	176 766	157 099
Bank Overdrafts						58 548			14 127
Other Remaining Borrowings						22 840
Provisions For Liabilities Balance Sheet Subtotal								4 848	4 848
Total Borrowings						81 388	142 500	176 766	171 226