Company Registration No. 11133211 (England and Wales)
MIMX5 Limited
Unaudited accounts
for the year ended 31 January 2024
MIMX5 Limited
Unaudited accounts
Contents
MIMX5 Limited
Company Information
for the year ended 31 January 2024
Director
Muzaffar Imran Mian
Company Number
11133211 (England and Wales)
Registered Office
Suite 16 Fitzroy House
Lynwood Drive
Worcester Park
Surrey
KT4 7AT
Accountants
Proacc Consulting Ltd
3rd Floor
86-90 Paul Street
London
EC2A 4NE
MIMX5 Limited
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
439
1,228
Creditors: amounts falling due within one year
(2,821)
(3,577)
Net current liabilities
(2,382)
(2,349)
Net liabilities
(1,705)
(39)
Called up share capital
100
100
Profit and loss account
(1,805)
(139)
Shareholders' funds
(1,705)
(39)
For the year ending 31 January 2024 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 8 April 2024 and were signed on its behalf by
Muzaffar Imran Mian
Director
Company Registration No. 11133211
MIMX5 Limited
Notes to the Accounts
for the year ended 31 January 2024
MIMX5 Limited is a private company, limited by shares, registered in England and Wales, registration number 11133211. The registered office is Suite 16 Fitzroy House, Lynwood Drive, Worcester Park, Surrey, KT4 7AT.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% per annum
Motor vehicles
20% per annum
Fixtures & fittings
20% per annum
Computer equipment
20% per annum
4
Intangible fixed assets
Other
MIMX5 Limited
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
1,663
4,000
5,663
At 31 January 2024
1,663
4,000
5,663
At 1 February 2023
653
3,200
3,853
Charge for the year
333
800
1,133
At 31 January 2024
986
4,000
4,986
At 31 January 2024
677
-
677
At 31 January 2023
1,010
800
1,810
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
699
Taxes and social security
11
118
Loans from directors
2,810
2,460
Director's loan is interest free with no repayment terms agreed.
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).