Registered Number:07902780 |
For the year ended 31 January 2022
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2022
Mimir Payments Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Mimir Payments Ltd
Statement of Financial Position
2021
2022
Property, plant and equipment |
4,151
2,823
2
4,151
2,823
Trade and other receivables |
26,100
3,600
3
605
Cash and cash equivalents |
16,819
20,419
26,705
Trade and other payables: amounts falling due within one |
year |
(18,356)
(13,960)
4
8,349
6,459
Net current assets
Total assets less current liabilities |
10,610
11,172
Trade and other payables: amounts falling due after more |
than one year |
(9,417)
(7,665)
5
2,945
Net assets
1,755
100
100
2,845
1,655
2,945
1,755
Shareholders' funds
For the year ended 31 January 2022 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 of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 02 September 2022 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 January 2022
Mimir Payments Ltd
Notes to the Financial Statements
Statutory Information
Mimir Payments Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 07902780. |
15 Cambridge Square
Redhill
Surrey
RH1 6TG
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer & office equipment
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 January 2022
Mimir Payments Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Computer & |
office |
equipment |
6,658
2,712
9,370
Provision for depreciation and impairment |
3,835
Charge for year
1,384
5,219
4,151
2,823
3. Trade and other receivables |
2021
2022
3,600
26,100
4. Trade and other payables: amounts falling due within one year |
2021
2022
2,070
1,333
-
113
Taxation and social security |
5,820
13,311
6,070
3,599
13,960
18,356
5. Trade and other payables: amounts falling due after more than one year |
2021
2022
7,665
9,417
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For the year ended 31 January 2022
Mimir Payments Ltd
Notes to the Financial Statements Continued
6. Average number of persons employed |
During the year the average number of employees was 2 (2021 : 2).
4 of 4