MOUNTAIN STREAM LTD

Company Registration Number:
07951320 (England and Wales)

Unaudited micro entity accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

MOUNTAIN STREAM LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

MOUNTAIN STREAM LTD

Company Information

for the Period Ended 28 February 2023




Director: Neil Murphy
Registered office: 20-22
Wenlock Road
London
N1 7GU
Company Registration Number: 07951320 (England and Wales)

MOUNTAIN STREAM LTD

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Principal Activities

The principal activity of the Company is the repair of Computers, laptops and other IT devices as well as bespoke building of personal or business computers.

Political and charitable donations

The Company made no political or charitable donations in this period

Company policy on the employment of disabled persons

The Company has 1 able bodied employee and as such has no requirement for such policy

Additional information

The Company suffered a major setback around Easter 2022 when it was delisted from local Google maps by Google Inc. The Company also suffered the removal by Google of every review gained over the preceding 10 years of operation. In effect Google Inc eradicated the reputation the Company had garnered in that time. This eradication was without warning, communication or explanation. Although the Company has since been relisted, its prominence in the market has been drastically reduced. In effect the Company had to almost start over again. The effect on turnover and profitability has been devastating and has eaten into the Company reserves. The Company has experienced a downturn of around 39% in FY 2022-2023 compared to FY 2021-22 and is expected to suffer further extensive losses in FY 2023-24. It is not known if the actions taken by Google were malicious or otherwise and to date the Company has been unable to contact any officer of Google for an explanation.

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
Neil Murphy

This report was approved by the board of directors on 28 November 2023
And Signed On Behalf Of The Board By:

Name: Neil Murphy
Status: Director

MOUNTAIN STREAM LTD

Profit and Loss Account

for the Period Ended 28 February 2023


2023
£

2022
£
Turnover 12,491 20,023
Other Income 1 2
Cost of Materials ( 6,603 ) ( 7,585 )
Staff Costs ( 3,600 ) ( 3,600 )
Other charges ( 4,364 ) ( 5,174 )
Tax on Profit - ( 3,666 )
Profit or (Loss) for Period ( 2,075 ) 0

MOUNTAIN STREAM LTD

Balance sheet

As at 28 February 2023


2023
£

2022
£
Called up share capital not paid: 1 1
Current assets: 10,635 14,333
Creditors: amounts falling due within one year: ( 1,289 ) ( 2,083 )
Net current assets (liabilities): 9,346 12,250
Total assets less current liabilities: 9,347 12,251
Creditors: amounts falling due after more than one year: ( 2,090 ) ( 3,257 )
Total net assets (liabilities): 7,257 8,994
Capital and reserves: 7,257 8,994

MOUNTAIN STREAM LTD

Balance sheet continued

For the year ending 28 February 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 28 November 2023
And Signed On Behalf Of The Board By:

Name: Neil Murphy
Status: Director

The notes form part of these financial statements

MOUNTAIN STREAM LTD

Footnotes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Employee Information

    Average number of employees: 1

MOUNTAIN STREAM LTD

Footnotes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Off balance sheet disclosure

    No