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Company Registration No. 05784203 (England and Wales)
MI IT Solutions Limited Unaudited accounts for the year ended 30 April 2023
MI IT Solutions Limited Unaudited accounts Contents
Page
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MI IT Solutions Limited Company Information for the year ended 30 April 2023
Director
Mrs. ANIMASHAUN, Oluwakemi Adebimpe
Secretary
Mr. ANIMASHAUN, Muniru Rotimi
Company Number
05784203 (England and Wales)
Registered Office
14 Dovercourt Gardens Stanmore Middlesex HA7 4SH England
Accountants
Best Option Konsult Limited Chartered Management Accountants 17 Brewhouse Road London SE18 5SJ
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MI IT Solutions Limited Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,763 
9,144 
Current assets
Debtors
- 
9,191 
Cash at bank and in hand
44,488 
2,092 
44,488 
11,283 
Creditors: amounts falling due within one year
(14,709)
(435)
Net current assets
29,779 
10,848 
Total assets less current liabilities
34,542 
19,992 
Creditors: amounts falling due after more than one year
(18,044)
(29,589)
Net assets/(liabilities)
16,498 
(9,597)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
16,497 
(9,598)
Shareholders' funds
16,498 
(9,597)
For the year ending 30 April 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 her 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 the year in accordance with Section 444(2A).
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 10 October 2023 and were signed on its behalf by
Mrs. ANIMASHAUN, Oluwakemi Adebimpe Director Company Registration No. 05784203
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MI IT Solutions Limited Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
MI IT Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 05784203. The registered office is 14 Dovercourt Gardens, Stanmore, Middlesex, HA7 4SH, England.
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.
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, less any residual value:
Plant & machinery
20% Straight Line Method
Fixtures & fittings
20% Straight Line Method
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 May 2022
42,181 
At 30 April 2023
42,181 
Depreciation
At 1 May 2022
33,037 
Charge for the year
4,381 
At 30 April 2023
37,418 
Net book value
At 30 April 2023
4,763 
At 30 April 2022
9,144 
5
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
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MI IT Solutions Limited Notes to the Accounts for the year ended 30 April 2023
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr. ANIMASHAUN, Muniru Rotimi
Overdrawn Director's Current Account
9,191 
- 
9,191 
- 
9,191 
- 
9,191 
- 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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