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Company Registration No. 10657047 (England and Wales)
Mpire Global Ltd Unaudited accounts for the year ended 31 March 2023
Mpire Global Ltd Unaudited accounts Contents
Page
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Mpire Global Ltd Company Information for the year ended 31 March 2023
Director
Gary Mo
Company Number
10657047 (England and Wales)
Registered Office
UNIT A TILSON ROAD ROUNDTHORN INDUSTRIAL ESTATE MANCHESTER M23 9GF UNITED KINGDOM
Accountants
Lams Accountants 20 Burton Road Didsbury Manchester Greater Manchester M20 3ED
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Mpire Global Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
139,449 
127,350 
Debtors
141,118 
111,440 
Cash at bank and in hand
107,310 
164,483 
387,877 
403,273 
Creditors: amounts falling due within one year
(34,428)
(76,831)
Net current assets
353,449 
326,442 
Total assets less current liabilities
353,449 
326,442 
Creditors: amounts falling due after more than one year
(35,000)
(45,000)
Net assets
318,449 
281,442 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
318,448 
281,441 
Shareholders' funds
318,449 
281,442 
For the year ending 31 March 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 30 November 2023 and were signed on its behalf by
Gary Mo Director Company Registration No. 10657047
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Mpire Global Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Mpire Global Ltd is a private company, limited by shares, registered in England and Wales, registration number 10657047. The registered office is UNIT A TILSON ROAD, ROUNDTHORN INDUSTRIAL ESTATE, MANCHESTER, M23 9GF, UNITED KINGDOM.
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.
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.
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.
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.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
20,016 
23,151 
Trade debtors
228 
990 
Accrued income and prepayments
284 
- 
20,528 
24,141 
Amounts falling due after more than one year
Trade debtors
- 
9 
Other debtors
120,590 
87,290 
120,590 
87,299 
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Mpire Global Ltd Notes to the Accounts for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
21,778 
47,558 
Taxes and social security
8,681 
25,536 
Loans from directors
3,269 
3,053 
Accruals
700 
684 
34,428 
76,831 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
35,000 
45,000 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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