Company Registration No. 12119621 (England and Wales)
MINDS EN PLACE LTD
Unaudited accounts
for the year ended 31 July 2023
MINDS EN PLACE LTD
Unaudited accounts
Contents
MINDS EN PLACE LTD
Company Information
for the year ended 31 July 2023
Director
Tobie-Anna Clare Durk
Company Number
12119621 (England and Wales)
Registered Office
369 Church Road
Yardley
Birmingham
West Midlands
B25 8XR
England
Accountants
Insight Business Services Limited
20-22 Wenlock Road
London
N1 7GU
MINDS EN PLACE LTD
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
1,543
8,694
Creditors: amounts falling due within one year
(2,146)
(4,510)
Net current assets
8
4,184
Called up share capital
1
1
Profit and loss account
7
4,183
Shareholders' funds
8
4,184
For the year ending 31 July 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 her 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 16 March 2024 and were signed on its behalf by
Tobie-Anna Clare Durk
Director
Company Registration No. 12119621
MINDS EN PLACE LTD
Notes to the Accounts
for the year ended 31 July 2023
MINDS EN PLACE LTD is a private company, limited by shares, registered in England and Wales, registration number 12119621. The registered office is 369 Church Road, Yardley, Birmingham, West Midlands, B25 8XR, England.
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.
These financial statements for the year ended 31 July 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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. 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.
The accounts have been prepared on a going concern basis.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,826
3,670
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).