09334420falsethe sale of displayed insects2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/cd:Director12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director22022-04-012023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-04-012023-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FRS1022022-04-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-04-012023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 09334420

MINIBEAST LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023

Prepared By:
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

MINIBEAST LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
DIRECTORS
Gary Waudby
Paul Waudby
SECRETARY
Gary Waudby
REGISTERED OFFICE
2 All Hallows
Sandy
Bedfordshire
SG19 1HS
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09334420
ACCOUNTANTS
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

MINIBEAST LIMITED

BALANCE SHEET AT 31/03/2023
20232022
Notes££
FIXED ASSETS
Tangible assets216,2604,613
CURRENT ASSETS
Stock5,0232,817
Debtors452,69743,247
Cash at bank and in hand221,571115,092
279,291161,156
CREDITORS: Amounts falling due within one year592,98080,447
NET CURRENT ASSETS186,31180,709
TOTAL ASSETS LESS CURRENT LIABILITIES202,57185,322
CAPITAL AND RESERVES
Called up share capital722
Profit and loss account202,56985,320
SHAREHOLDERS' FUNDS202,57185,322
For the year ending 31/03/2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 21/11/2023 and signed on their behalf by
.............................
Gary Waudby
Director

MINIBEAST LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Taxation
Taxation represents the sum of tax currently payable.

MINIBEAST LIMITED

2. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 01/04/202211,41411,414
Additions14,51614,516
At 31/03/202325,93025,930
Depreciation
At 01/04/20226,8016,801
For the year2,8692,869
At 31/03/20239,6709,670
Net Book Amounts
At 31/03/202316,26016,260
At 31/03/20224,6134,613
3. STOCK 20232022
££
Stock comprises:
Stock5,0232,817
5,0232,817
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors52,69743,247
52,69743,247
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Corporation tax59,32054,018
VAT21,10414,383
PAYE control268-
Directors current account4,6023,678
Trade creditors7,0007,759
Accruals686609
92,98080,447

MINIBEAST LIMITED

6. EMPLOYEES
20232022
No.No.
Average number of employees12
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
New shares issued during period:
2 Ordinary shares of £1 each