Mannin Financial Consulting Limited 10557255 false 2023-06-01 2023-12-31 2023-12-31 The principal activity of the company is that of financial consulting. Digita Accounts Production Advanced 6.30.9574.0 true 10557255 2023-06-01 2023-12-31 10557255 2023-12-31 10557255 core:CurrentFinancialInstruments 2023-12-31 10557255 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 10557255 bus:SmallEntities 2023-06-01 2023-12-31 10557255 bus:AuditExemptWithAccountantsReport 2023-06-01 2023-12-31 10557255 bus:FullAccounts 2023-06-01 2023-12-31 10557255 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2023-12-31 10557255 bus:RegisteredOffice 2023-06-01 2023-12-31 10557255 bus:Director2 2023-06-01 2023-12-31 10557255 bus:PrivateLimitedCompanyLtd 2023-06-01 2023-12-31 10557255 countries:EnglandWales 2023-06-01 2023-12-31 10557255 2022-06-01 2023-05-31 10557255 2023-05-31 10557255 core:CurrentFinancialInstruments 2023-05-31 10557255 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 iso4217:GBP xbrli:pure

Registration number: 10557255

Mannin Financial Consulting Limited

Unaudited Filleted Financial Statements

for the Period from 1 June 2023 to 31 December 2023

 

Mannin Financial Consulting Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Mannin Financial Consulting Limited

(Registration number: 10557255)
Balance Sheet as at 31 December 2023

Note

2023
£

2023
£

Current assets

 

Debtors

5

-

14,280

Cash at bank and in hand

 

27,163

45,549

 

27,163

59,829

Creditors: Amounts falling due within one year

6

(1,945)

(22,392)

Net assets

 

25,218

37,437

Capital and reserves

 

Called up share capital

10

10

Retained earnings

25,208

37,427

Shareholders' funds

 

25,218

37,437

For the financial period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 31 January 2024 and signed on its behalf by:
 

.........................................
Mr S Chippendale
Director

 

Mannin Financial Consulting Limited

Notes to the Unaudited Financial Statements for the Period from 1 June 2023 to 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of consultancy services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

Mannin Financial Consulting Limited

Notes to the Unaudited Financial Statements for the Period from 1 June 2023 to 31 December 2023

3

Taxation

2023

2023

£

£

Corporation tax

1,180

14,265

1,180

14,265

4

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2023 - 2).

5

Debtors

2023
£

2023
£

Trade debtors

-

14,280

-

14,280

6

Creditors

Creditors: amounts falling due within one year

2023
£

2023
£

Due within one year

Taxation and social security

933

21,892

Other creditors

1,012

500

1,945

22,392

7

Related party transactions

Other transactions with directors

S.Chippendale (director) had a loan with the company. At the balance sheet date the amount due to S. Chippendale was £292. (2022 - £500).