Company Registration No. 11547449 (England and Wales)
Minim Row Ltd
Unaudited accounts
for the year ended 31 August 2023
Minim Row Ltd
Unaudited accounts
Contents
Minim Row Ltd
Company Information
for the year ended 31 August 2023
Company Number
11547449 (England and Wales)
Registered Office
21 Vicarage Street
Warminster
Wiltshire
BA12 8JG
Minim Row Ltd
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
2,353
1,644
Creditors: amounts falling due within one year
(857)
(244)
Net current assets
19,832
21,219
Called up share capital
2
2
Profit and loss account
19,831
21,217
Shareholders' funds
19,833
21,219
For the year ending 31 August 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 7 April 2024 and were signed on its behalf by
M R Young
Director
Company Registration No. 11547449
Minim Row Ltd
Notes to the Accounts
for the year ended 31 August 2023
Minim Row Ltd is a private company, limited by shares, registered in England and Wales, registration number 11547449. The registered office is 21 Vicarage Street, Warminster, Wiltshire, BA12 8JG.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
4
Investments
Subsidiary undertakings
Valuation at 1 September 2022
-
Valuation at 31 August 2023
1
The company acquired the entire share capital of Open Space Network Limited ("OSN") on 15th December 2022.
OSN is incorporated in the UK and registered office at 49 Market Place, Warminster, BA12 9AZ.
Amounts falling due within one year
Amounts due from group undertakings etc.
15,000
16,500
Minim Row Ltd
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
48
Allotted, called up and fully paid:
200 Ordinary shares of £0.01 each
2
2
8
Transactions with related parties
The Company has taken advantage of the exemption in FRS102 Section 1AC.35 "Related Party Disclosures" from the requirement to disclose transactions with group Companies on the grounds that all group companies are wholly owned
Mr M R Young is a director of the Company and a director of BAM Innovations Ltd (BAM).
During the year the period under review the Company paid BAM a total of £32,400 (2022 - £9,135) for consultancy services.
The entire share capital of the company is owned by Mr Young and his spouse.
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).