MIALL SMITH LIMITED

Company Registration Number:
07417511 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2022

Period of accounts

Start date: 01 October 2021

End date: 30 September 2022

MIALL SMITH LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2022

Balance sheet
Notes

MIALL SMITH LIMITED

Balance sheet

As at 30 September 2022


Notes

2022

2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 1,179,000 0
Tangible assets: 4 705 7,727
Total fixed assets: 1,179,705 7,727
Current assets
Stocks: 161,200 126,345
Debtors:   408,517 384,238
Cash at bank and in hand: 203,434 385,524
Total current assets: 773,151 896,107
Creditors: amounts falling due within one year:   (341,326) (413,477)
Net current assets (liabilities): 431,825 482,630
Total assets less current liabilities: 1,611,530 490,357
Creditors: amounts falling due after more than one year:   (1,058,366)
Provision for liabilities: (134)
Total net assets (liabilities): 553,030 490,357
Capital and reserves
Called up share capital: 144 144
Profit and loss account: 552,886 490,213
Shareholders funds: 553,030 490,357

The notes form part of these financial statements

MIALL SMITH LIMITED

Balance sheet statements

For the year ending 30 September 2022 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 November 2023
and signed on behalf of the board by:

Name: D Bhambra
Status: Director

The notes form part of these financial statements

MIALL SMITH LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MIALL SMITH LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

2. Employees

2022 2021
Average number of employees during the period 14 13

MIALL SMITH LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

3. Intangible Assets

Total
Cost £
At 01 October 2021 0
Additions 1,310,000
At 30 September 2022 1,310,000
Amortisation
At 01 October 2021 0
Charge for year 131,000
At 30 September 2022 131,000
Net book value
At 30 September 2022 1,179,000
At 30 September 2021 0

MIALL SMITH LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

4. Tangible Assets

Total
Cost £
At 01 October 2021 43,265
Additions 881
Disposals (43,265)
At 30 September 2022 881
Depreciation
At 01 October 2021 35,538
Charge for year 176
On disposals (35,538)
At 30 September 2022 176
Net book value
At 30 September 2022 705
At 30 September 2021 7,727