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REGISTERED NUMBER: 13097682 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2022

for

MINDBEAT COACHING LIMITED

MINDBEAT COACHING LIMITED (REGISTERED NUMBER: 13097682)

Contents of the Financial Statements
for the year ended 31 December 2022










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


MINDBEAT COACHING LIMITED

Company Information
for the year ended 31 December 2022







Directors: Ms E H Krantz
P Grech





Registered office: 25 Cadogan Street
London
SW3 2PP





Registered number: 13097682 (England and Wales)





Accountants: Haines Watts
Chartered Accountants
Aissela
46 High Street
Esher
Surrey
KT10 9QY

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Mindbeat Coaching Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mindbeat Coaching Limited for the year ended 31 December 2022 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Mindbeat Coaching Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mindbeat Coaching Limited and state those matters that we have agreed to state to the Board of Directors of Mindbeat Coaching Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mindbeat Coaching Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Mindbeat Coaching Limited 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 Mindbeat Coaching Limited. You consider that Mindbeat Coaching Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Mindbeat Coaching Limited. 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.






Haines Watts
Chartered Accountants
Aissela
46 High Street
Esher
Surrey
KT10 9QY


28 September 2023

MINDBEAT COACHING LIMITED (REGISTERED NUMBER: 13097682)

Balance Sheet
31 December 2022

2022 2021
Notes £    £    £    £   
Fixed assets
Tangible assets 4 517 -

Current assets
Debtors 5 48,930 974
Cash at bank 2,972 579
51,902 1,553
Creditors
Amounts falling due within one year 6 57,397 24,642
Net current liabilities (5,495 ) (23,089 )
Total assets less current liabilities (4,978 ) (23,089 )

Capital and reserves
Called up share capital 7 100 100
Retained earnings (5,078 ) (23,189 )
Shareholders' funds (4,978 ) (23,089 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2023 and were signed on its behalf by:





Ms E H Krantz - Director


MINDBEAT COACHING LIMITED (REGISTERED NUMBER: 13097682)

Notes to the Financial Statements
for the year ended 31 December 2022


1. Statutory information

Mindbeat Coaching Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

MINDBEAT COACHING LIMITED (REGISTERED NUMBER: 13097682)

Notes to the Financial Statements - continued
for the year ended 31 December 2022


2. Accounting policies - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 3 (2021 - 1 ) .

4. Tangible fixed assets
Computer
equipment
£   
Cost
Additions 772
At 31 December 2022 772
Depreciation
Charge for year 255
At 31 December 2022 255
Net book value
At 31 December 2022 517

5. Debtors: amounts falling due within one year
2022 2021
£    £   
Other debtors 46,849 -
VAT 2,081 974
48,930 974

6. Creditors: amounts falling due within one year
2022 2021
£    £   
Trade creditors 41 1
Social security and other taxes 10,783 -
Other creditors - 24,641
Accrued expenses 46,573 -
57,397 24,642

MINDBEAT COACHING LIMITED (REGISTERED NUMBER: 13097682)

Notes to the Financial Statements - continued
for the year ended 31 December 2022


7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary £1 100 100