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REGISTERED NUMBER: 13873622 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Mind Body Safety Ltd.

Mind Body Safety Ltd. (Registered number: 13873622)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Mind Body Safety Ltd. (Registered number: 13873622)

Statement of Financial Position
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 4,547 2,362

CURRENT ASSETS
Debtors 5 2,370 3,930
Cash at bank 3,660 293
6,030 4,223
CREDITORS
Amounts falling due within one year 6 9,376 5,475
NET CURRENT LIABILITIES (3,346 ) (1,252 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,201

1,110

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 1,101 1,010
SHAREHOLDERS' FUNDS 1,201 1,110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Mind Body Safety Ltd. (Registered number: 13873622)

Statement of Financial Position - continued
31 January 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 April 2024 and were signed on its behalf by:





Mr Kevin John Pollitt - Director


Mind Body Safety Ltd. (Registered number: 13873622)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Mind Body Safety Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13873622

Registered office: 01 Meadlake Place
Thorpe Lea Road
Egham
Surrey
TW20 8HE

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Mind Body Safety Ltd. (Registered number: 13873622)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 February 2023 2,900 200 55 3,155
Additions 2,500 - 1,655 4,155
At 31 January 2024 5,400 200 1,710 7,310
DEPRECIATION
At 1 February 2023 725 50 18 793
Charge for year 1,350 50 570 1,970
At 31 January 2024 2,075 100 588 2,763
NET BOOK VALUE
At 31 January 2024 3,325 100 1,122 4,547
At 31 January 2023 2,175 150 37 2,362

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 438 2,525
Other debtors 1,932 1,405
2,370 3,930

Mind Body Safety Ltd. (Registered number: 13873622)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 1,751 -
Trade creditors - 2,311
Taxation and social security 5,123 2,998
Other creditors 2,502 166
9,376 5,475

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary £1 100 100

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £23,150 (2023 - £14,450) were paid to the directors .

The company owes £406 to its director, Mr Kevin John Pollitt who is also a 50% shareholder of the company as at accounting year end date.

The company was owed £1,177 from its director, Mrs Claire Anita Pollitt who is also a 50% shareholder of the company as at accounting year end date.