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REGISTERED NUMBER: 10403664 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Wild Minds World Limited

Wild Minds World Limited (Registered number: 10403664)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wild Minds World Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mrs R Kelly





REGISTERED OFFICE: 30a Bucklersbury
Hitchin
Hertfordshire
SG5 1BG





REGISTERED NUMBER: 10403664 (England and Wales)





ACCOUNTANTS: D and E Accountancy Ltd
Tax Advisors and Accountants
2nd Floor, 2 Walsworth Road
Hitchin
Hertfordshire
SG4 9SP

Wild Minds World Limited (Registered number: 10403664)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,560 -
Tangible assets 5 1,700 -
6,260 -

CURRENT ASSETS
Debtors 6 1,783 4,212

CREDITORS
Amounts falling due within one year 7 254 4,211
NET CURRENT ASSETS 1,529 1
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,789

1

CREDITORS
Amounts falling due after more than
one year

8

(11,581

)

-

PROVISIONS FOR LIABILITIES 9 (11 ) -
NET (LIABILITIES)/ASSETS (3,803 ) 1

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 11 (3,804 ) -
SHAREHOLDERS' FUNDS (3,803 ) 1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Wild Minds World Limited (Registered number: 10403664)

Balance Sheet - continued
31 March 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 October 2023 and were signed by:





Mrs R Kelly - Director


Wild Minds World Limited (Registered number: 10403664)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Wild Minds World 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.

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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Wild Minds World Limited (Registered number: 10403664)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 5,700
At 31 March 2023 5,700
AMORTISATION
Charge for year 1,140
At 31 March 2023 1,140
NET BOOK VALUE
At 31 March 2023 4,560

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
Additions 2,000
At 31 March 2023 2,000
DEPRECIATION
Charge for year 300
At 31 March 2023 300
NET BOOK VALUE
At 31 March 2023 1,700

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 218 121
Other debtors 1,565 4,091
1,783 4,212

Wild Minds World Limited (Registered number: 10403664)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 586 144
Taxation and social security (636 ) 3,118
Other creditors 304 949
254 4,211

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 11,581 -

9. PROVISIONS FOR LIABILITIES
31.3.23 31.3.22
£    £   
Deferred tax 11 -

Deferred
tax
£   
Charge to Income Statement during year 11
Balance at 31 March 2023 11

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
1 Ordinary £1 1 1

11. RESERVES
Retained
earnings
£   

Deficit for the year (3,804 )
At 31 March 2023 (3,804 )

12. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs R Kelly.