Company Registration No. 10657047 (England and Wales)
Mpire Global Ltd
Unaudited accounts
for the year ended 31 March 2023
Mpire Global Ltd
Unaudited accounts
Contents
Mpire Global Ltd
Company Information
for the year ended 31 March 2023
Company Number
10657047 (England and Wales)
Registered Office
UNIT A TILSON ROAD
ROUNDTHORN INDUSTRIAL ESTATE
MANCHESTER
M23 9GF
UNITED KINGDOM
Accountants
Lams Accountants
20 Burton Road
Didsbury
Manchester
Greater Manchester
M20 3ED
Mpire Global Ltd
Statement of financial position
as at 31 March 2023
Inventories
139,449
127,350
Cash at bank and in hand
107,310
164,483
Creditors: amounts falling due within one year
(34,428)
(76,831)
Net current assets
353,449
326,442
Total assets less current liabilities
353,449
326,442
Creditors: amounts falling due after more than one year
(35,000)
(45,000)
Net assets
318,449
281,442
Called up share capital
1
1
Profit and loss account
318,448
281,441
Shareholders' funds
318,449
281,442
For the year ending 31 March 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 30 November 2023 and were signed on its behalf by
Gary Mo
Director
Company Registration No. 10657047
Mpire Global Ltd
Notes to the Accounts
for the year ended 31 March 2023
Mpire Global Ltd is a private company, limited by shares, registered in England and Wales, registration number 10657047. The registered office is UNIT A TILSON ROAD, ROUNDTHORN INDUSTRIAL ESTATE, MANCHESTER, M23 9GF, UNITED KINGDOM.
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.
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 under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Amounts falling due within one year
Accrued income and prepayments
284
-
Amounts falling due after more than one year
Other debtors
120,590
87,290
Mpire Global Ltd
Notes to the Accounts
for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
21,778
47,558
Taxes and social security
8,681
25,536
Loans from directors
3,269
3,053
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).