2020-08-012021-07-312021-07-31false12114005CULT MIA LTD2022-08-1947910iso4217:GBPxbrli:pure121140052020-08-01121140052021-07-31121140052020-08-012021-07-31121140052019-07-20121140052020-07-31121140052019-07-202020-07-3112114005bus:SmallEntities2020-08-012021-07-3112114005bus:AuditExempt-NoAccountantsReport2020-08-012021-07-3112114005bus:AbridgedAccounts2020-08-012021-07-3112114005bus:PrivateLimitedCompanyLtd2020-08-012021-07-3112114005core:WithinOneYear2021-07-3112114005core:AfterOneYear2021-07-3112114005core:WithinOneYear2020-07-3112114005core:AfterOneYear2020-07-3112114005core:ShareCapital2021-07-3112114005core:SharePremium2021-07-3112114005core:RevaluationReserve2021-07-3112114005core:OtherReservesSubtotal2021-07-3112114005core:RetainedEarningsAccumulatedLosses2021-07-3112114005core:ShareCapital2020-07-3112114005core:SharePremium2020-07-3112114005core:RevaluationReserve2020-07-3112114005core:OtherReservesSubtotal2020-07-3112114005core:RetainedEarningsAccumulatedLosses2020-07-3112114005core:LandBuildings2021-07-3112114005core:PlantMachinery2021-07-3112114005core:Vehicles2021-07-3112114005core:FurnitureFittings2021-07-3112114005core:OfficeEquipment2021-07-3112114005core:NetGoodwill2021-07-3112114005core:IntangibleAssetsOtherThanGoodwill2021-07-3112114005core:ListedExchangeTraded2021-07-3112114005core:UnlistedNon-exchangeTraded2021-07-3112114005core:LandBuildings2020-07-3112114005core:PlantMachinery2020-07-3112114005core:Vehicles2020-07-3112114005core:FurnitureFittings2020-07-3112114005core:OfficeEquipment2020-07-3112114005core:NetGoodwill2020-07-3112114005core:IntangibleAssetsOtherThanGoodwill2020-07-3112114005core:ListedExchangeTraded2020-07-3112114005core:UnlistedNon-exchangeTraded2020-07-3112114005core:LandBuildings2020-08-012021-07-3112114005core:PlantMachinery2020-08-012021-07-3112114005core:Vehicles2020-08-012021-07-3112114005core:FurnitureFittings2020-08-012021-07-3112114005core:OfficeEquipment2020-08-012021-07-3112114005core:NetGoodwill2020-08-012021-07-3112114005core:IntangibleAssetsOtherThanGoodwill2020-08-012021-07-3112114005core:ListedExchangeTraded2020-08-012021-07-3112114005core:UnlistedNon-exchangeTraded2020-08-012021-07-3112114005core:MoreThanFiveYears2020-08-012021-07-3112114005core:Non-currentFinancialInstruments2021-07-3112114005core:Non-currentFinancialInstruments2020-07-3112114005dpl:CostSales2020-08-012021-07-3112114005dpl:DistributionCosts2020-08-012021-07-3112114005dpl:AdministrativeExpenses2020-08-012021-07-3112114005core:LandBuildings2020-08-012021-07-3112114005core:PlantMachinery2020-08-012021-07-3112114005core:Vehicles2020-08-012021-07-3112114005core:FurnitureFittings2020-08-012021-07-3112114005core:OfficeEquipment2020-08-012021-07-3112114005core:NetGoodwill2020-08-012021-07-3112114005core:IntangibleAssetsOtherThanGoodwill2020-08-012021-07-3112114005dpl:GroupUndertakings2020-08-012021-07-3112114005dpl:ParticipatingInterests2020-08-012021-07-3112114005dpl:GroupUndertakingscore:ListedExchangeTraded2020-08-012021-07-3112114005core:ListedExchangeTraded2020-08-012021-07-3112114005dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-08-012021-07-3112114005core:UnlistedNon-exchangeTraded2020-08-012021-07-3112114005dpl:CostSales2019-07-202020-07-3112114005dpl:DistributionCosts2019-07-202020-07-3112114005dpl:AdministrativeExpenses2019-07-202020-07-3112114005core:LandBuildings2019-07-202020-07-3112114005core:PlantMachinery2019-07-202020-07-3112114005core:Vehicles2019-07-202020-07-3112114005core:FurnitureFittings2019-07-202020-07-3112114005core:OfficeEquipment2019-07-202020-07-3112114005core:NetGoodwill2019-07-202020-07-3112114005core:IntangibleAssetsOtherThanGoodwill2019-07-202020-07-3112114005dpl:GroupUndertakings2019-07-202020-07-3112114005dpl:ParticipatingInterests2019-07-202020-07-3112114005dpl:GroupUndertakingscore:ListedExchangeTraded2019-07-202020-07-3112114005core:ListedExchangeTraded2019-07-202020-07-3112114005dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2019-07-202020-07-3112114005core:UnlistedNon-exchangeTraded2019-07-202020-07-3112114005core:NetGoodwill2021-07-3112114005core:IntangibleAssetsOtherThanGoodwill2021-07-3112114005core:LandBuildings2021-07-3112114005core:PlantMachinery2021-07-3112114005core:Vehicles2021-07-3112114005core:FurnitureFittings2021-07-3112114005core:OfficeEquipment2021-07-3112114005core:AfterOneYear2021-07-3112114005core:WithinOneYear2021-07-3112114005core:ListedExchangeTraded2021-07-3112114005core:UnlistedNon-exchangeTraded2021-07-3112114005core:ShareCapital2021-07-3112114005core:SharePremium2021-07-3112114005core:RevaluationReserve2021-07-3112114005core:OtherReservesSubtotal2021-07-3112114005core:RetainedEarningsAccumulatedLosses2021-07-3112114005core:NetGoodwill2020-07-3112114005core:IntangibleAssetsOtherThanGoodwill2020-07-3112114005core:LandBuildings2020-07-3112114005core:PlantMachinery2020-07-3112114005core:Vehicles2020-07-3112114005core:FurnitureFittings2020-07-3112114005core:OfficeEquipment2020-07-3112114005core:AfterOneYear2020-07-3112114005core:WithinOneYear2020-07-3112114005core:Liste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CULT MIA LTD

Registered Number
12114005
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2021

CULT MIA LTD
Company Information
for the year from 1 August 2020 to 31 July 2021

Directors

BRENER-HELLMUND, Nina

Registered Address

25ep 25 Eccleston Place
London
SW1W 9NF

Registered Number

12114005 (England and Wales)
CULT MIA LTD
Balance Sheet as at
31 July 2021

Notes

2021

2020

£

£

£

£

Current assets
Debtors11,194300
Cash at bank and on hand-3,168
11,1943,468
Creditors amounts falling due within one year6(187,261)(81,104)
Net current assets (liabilities)(176,067)(77,636)
Total assets less current liabilities(176,067)(77,636)
Net assets(176,067)(77,636)
Capital and reserves
Called up share capital11
Profit and loss account(176,068)(77,637)
Shareholders' funds(176,067)(77,636)
The financial statements were approved and authorised for issue by the Director on 19 August 2022, and are signed on its behalf by:
BRENER-HELLMUND, Nina
Director
Registered Company No. 12114005
CULT MIA LTD
Notes to the Financial Statements
for the year ended 31 July 2021

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20212020
Average number of employees during the year21
5.Debtors within one year

2021

2020

££
Amounts owed by group undertakings11,194-
Other debtors-300
Total11,194300
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
6.Creditors within one year

2021

2020

££
Trade creditors / trade payables3,648515
Bank borrowings and overdrafts-73,481
Amounts owed to related parties183,613-
Taxation and social security-7,048
Other creditors-60
Total187,26181,104
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.