Registered number
09322631
Mitch Howard Consultancy Ltd
Filleted Accounts
30 September 2023
Mitch Howard Consultancy Ltd
Registered number: 09322631
Balance Sheet
as at 30 September 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 44,854 52,044
Current assets
Debtors 4 129,798 89,318
Cash at bank and in hand 47,364 58,335
177,162 147,653
Creditors: amounts falling due within one year 5 (63,025) (51,827)
Net current assets 114,137 95,826
Total assets less current liabilities 158,991 147,870
Creditors: amounts falling due after more than one year 6 (56,733) (64,282)
Net assets 102,258 83,588
Capital and reserves
Called up share capital 2 2
Profit and loss account 102,256 83,586
Shareholders' funds 102,258 83,588
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr M Howard
Director
Approved by the board on 24 October 2023
Mitch Howard Consultancy Ltd
Notes to the Accounts
for the year ended 30 September 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
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.
Creditors
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 October 2022 6,842 64,490 71,332
Additions 4,200 - 4,200
At 30 September 2023 11,042 64,490 75,532
Depreciation
At 1 October 2022 6,390 12,898 19,288
Charge for the year 1,072 10,318 11,390
At 30 September 2023 7,462 23,216 30,678
Net book value
At 30 September 2023 3,580 41,274 44,854
At 30 September 2022 452 51,592 52,044
4 Debtors 2023 2022
£ £
Trade debtors 16,255 31,464
Other debtors 113,543 57,854
129,798 89,318
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 5,400 5,400
Obligations under finance lease and hire purchase contracts 10,236 14,058
Trade creditors 333 158
Taxation and social security costs 46,088 29,994
Other creditors 968 2,217
63,025 51,827
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 9,450 14,850
Obligations under finance lease and hire purchase contracts 47,283 49,432
56,733 64,282
7 Loans from directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Mr M Howard
Directors Loan Account 1,467 100,903 (102,153) 217
1,467 100,903 (102,153) 217
8 Controlling party
The company is controlled by the director Mr M Howard & Miss Stacey Morris, by virtue of their shareholdings.
9 Other information
Mitch Howard Consultancy Ltd is a private company limited by shares and incorporated in England. Its registered office is:
16 Thrift Road
Branston
Burton on Trent
Staffordshire
DE14 3LJ
Mitch Howard Consultancy Ltd 09322631 false 2022-10-01 2023-09-30 2023-09-30 VT Final Accounts October 2023 Mr M Howard No description of principal activity 09322631 2021-10-01 2022-09-30 09322631 core:WithinOneYear 2022-09-30 09322631 core:AfterOneYear 2022-09-30 09322631 core:ShareCapital 2022-09-30 09322631 core:RetainedEarningsAccumulatedLosses 2022-09-30 09322631 2022-10-01 2023-09-30 09322631 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 09322631 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 09322631 bus:Director40 2022-10-01 2023-09-30 09322631 1 2022-10-01 2023-09-30 09322631 2 2022-10-01 2023-09-30 09322631 core:PlantMachinery 2022-10-01 2023-09-30 09322631 core:Vehicles 2022-10-01 2023-09-30 09322631 bus:Director1 2022-10-01 2023-09-30 09322631 bus:Director1 1 2022-10-01 2023-09-30 09322631 countries:England 2022-10-01 2023-09-30 09322631 bus:FRS102 2022-10-01 2023-09-30 09322631 bus:FullAccounts 2022-10-01 2023-09-30 09322631 2023-09-30 09322631 core:WithinOneYear 2023-09-30 09322631 core:AfterOneYear 2023-09-30 09322631 core:ShareCapital 2023-09-30 09322631 core:RetainedEarningsAccumulatedLosses 2023-09-30 09322631 core:PlantMachinery 2023-09-30 09322631 core:Vehicles 2023-09-30 09322631 bus:Director1 1 2023-09-30 09322631 2022-09-30 09322631 core:PlantMachinery 2022-09-30 09322631 core:Vehicles 2022-09-30 09322631 bus:Director1 1 2022-09-30 iso4217:GBP xbrli:pure