Registration number:
Mabel & Mu Ltd
for the Year Ended 30 September 2023
Mabel & Mu Ltd
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Mabel & Mu Ltd
Company Information
Directors |
Mrs D Windsor Mr AK Perry |
Registered office |
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Accountants |
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Mabel & Mu Ltd
(Registration number: 10942584)
Balance Sheet as at 30 September 2023
Note |
2023 |
2022 |
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Fixed assets |
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Intangible assets |
- |
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Tangible assets |
- |
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- |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
17,000 |
17,000 |
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Retained earnings |
35,975 |
27,940 |
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Shareholders' funds |
52,975 |
44,940 |
Mabel & Mu Ltd
(Registration number: 10942584)
Balance Sheet as at 30 September 2023
For the financial year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Mabel & Mu Ltd
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Motor vehicles |
33% on cost |
Office equipment |
33% on cost |
Mabel & Mu Ltd
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023
Goodwill
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
Useful life of 5 years |
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Mabel & Mu Ltd
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023
Intangible assets |
Goodwill |
Total |
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Cost or valuation |
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At 1 October 2022 |
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At 30 September 2023 |
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Amortisation |
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At 1 October 2022 |
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Amortisation charge |
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At 30 September 2023 |
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Carrying amount |
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At 30 September 2023 |
- |
- |
At 30 September 2022 |
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Tangible assets |
Office equipment |
Motor vehicles |
Total |
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Cost or valuation |
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At 1 October 2022 |
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- |
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Disposals |
- |
( |
( |
At 30 September 2023 |
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( |
( |
Depreciation |
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At 1 October 2022 |
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- |
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Charge for the year |
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- |
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Eliminated on disposal |
- |
( |
( |
At 30 September 2023 |
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( |
( |
Carrying amount |
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At 30 September 2023 |
- |
- |
- |
At 30 September 2022 |
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- |
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Stocks |
2023 |
2022 |
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Other inventories |
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Mabel & Mu Ltd
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023
Debtors |
Current |
2023 |
2022 |
Prepayments |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
2023 |
2022 |
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Due within one year |
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Taxation and social security |
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Other creditors |
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