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Company Registration No. 12387331 (England and Wales)
Mr Fresh Technology Consultant Ltd Unaudited accounts for the year ended 31 January 2023
Mr Fresh Technology Consultant Ltd Unaudited accounts Contents
Page
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Mr Fresh Technology Consultant Ltd Company Information for the year ended 31 January 2023
Director
Xin Li
Company Number
12387331 (England and Wales)
Registered Office
Flat 3 68 Danby Street Bristol BS16 1EN
Accountants
Anthony Daniel Associates 10 Julian Place London E14 3AT
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Mr Fresh Technology Consultant Ltd Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,472 
16,719 
Current assets
Inventories
78,334 
98,992 
Debtors
800 
800 
Cash at bank and in hand
17,379 
18,269 
96,513 
118,061 
Creditors: amounts falling due within one year
(6,120)
9,182 
Net current assets
90,393 
127,243 
Total assets less current liabilities
102,865 
143,962 
Creditors: amounts falling due after more than one year
(231,747)
(201,887)
Net liabilities
(128,882)
(57,925)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(128,883)
(57,926)
Shareholders' funds
(128,882)
(57,925)
For the year ending 31 January 2023 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 November 2023 and were signed on its behalf by
Xin Li Director Company Registration No. 12387331
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Mr Fresh Technology Consultant Ltd Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Mr Fresh Technology Consultant Ltd is a private company, limited by shares, registered in England and Wales, registration number 12387331. The registered office is Flat 3 , 68 Danby Street, Bristol, BS16 1EN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% on cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the director and shareholders will continue to financially support the company during this uncertain period.
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Mr Fresh Technology Consultant Ltd Notes to the Accounts for the year ended 31 January 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2022
21,236 
At 31 January 2023
21,236 
Depreciation
At 1 February 2022
4,517 
Charge for the year
4,247 
At 31 January 2023
8,764 
Net book value
At 31 January 2023
12,472 
At 31 January 2022
16,719 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
800 
800 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
4,920 
- 
Loans from directors
- 
(10,382)
Accruals
1,200 
1,200 
6,120 
(9,182)
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
231,747 
201,887 
Included in amounts falling due after more than one year is a director's loan due to Mr. Xin Li amounting to £231,747 (2022: £201,887). The loan is interest free, unsecured and subordinated in favour of third party creditors.
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Controlling party
The ultimate controlling party is Mr. Xin Li, who is the sole director and holds one hundred percent of the company shares.
10
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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