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Company registration number: 07721292
Misty Units Ltd
Trading as Misty Units Ltd
Unaudited filleted financial statements
28 February 2022
Misty Units Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Misty Units Ltd
Directors and other information
Directors Mr Nicholas Jones
Mr Jonathan Edge
Company number 07721292
Registered office Greensforge
Kingswinford
Business address Unit 32 Delph Road Industrial Estate
Delph Road
Brierley Hill
West Midlands
Accountants Parkes and Co Accountants Ltd
The Coach House
Greensforge
Kingswinford
DY6 0AH
Misty Units Ltd
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Misty Units Ltd
Period ended 28 February 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Misty Units Ltd for the period ended 28 February 2022 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Institute Of Financial Accountants , we are subject to its ethical and other professional requirements which are detailed at .
This report is made solely to the board of directors of Misty Units Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Misty Units Ltd and state those matters that we have agreed to state to the board of directors of Misty Units Ltd as a body, in this report in accordance with the requirements of Institute Of Financial Accountants as detailed at To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Misty Units Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Misty Units Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Misty Units Ltd. You consider that Misty Units Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of Misty Units Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Parkes and Co Accountants Ltd
FFA/FIPA Membership 254932
The Coach House
Greensforge
Kingswinford
DY6 0AH
10 May 2022
Misty Units Ltd
Statement of financial position
28 February 2022
28/02/22 31/08/20
£ £
Fixed assets 4,227 5,284
_______ _______
Current assets 86,859 54,949
Creditors: amounts falling due within one year ( 42,170) ( 27,880)
_______ _______
Net current assets 44,689 27,069
_______ _______
Total assets less current liabilities 48,916 32,353
Accruals and deferred income ( 9,955) ( 10,615)
_______ _______
Net assets 38,961 21,738
_______ _______
Capital and reserves 38,961 21,738
_______ _______
Misty Units Ltd
Period ended 28 February 2022
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the period amounted to 1 (2020: Nil).
2. Directors advances, credits and guarantees
During the period the directors entered into the following advances and credits with the company:
Period ended 28/02/22
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr Nicholas Jones ( 19,053) ( 12,842) ( 31,895)
_______ _______ _______
Year ended 31/08/20
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr Nicholas Jones ( 4,631) ( 14,422) ( 19,053)
_______ _______ _______
For the period ending 28 February 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 10 May 2022 , and are signed on behalf of the board by:
Mr Nicholas Jones
Director
The company is a private company limited by shares, registered in United Kingdom.