Company Registration No. 14394655 (England and Wales)
MAMMOTH GROWTH LTD
Unaudited accounts
for the period from 3 October 2022 to 31 December 2023
MAMMOTH GROWTH LTD
Unaudited accounts
Contents
MAMMOTH GROWTH LTD
Company Information
for the period from 3 October 2022 to 31 December 2023
Director
Stuart Fraser Scott
Company Number
14394655 (England and Wales)
Registered Office
HARDWICK HOUSE
PROSPECT PLACE
SWINDON
SN1 3LJ
ENGLAND
Accountants
The Accountancy Cloud
12-18 Hoxton Street
London
N1 6NG
UK
MAMMOTH GROWTH LTD
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
127,891
Creditors: amounts falling due within one year
(120,829)
Called up share capital
10
Profit and loss account
51,865
Shareholders' funds
51,875
For the 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. 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 1 March 2024 and were signed on its behalf by
Stuart Fraser Scott
Director
Company Registration No. 14394655
MAMMOTH GROWTH LTD
Notes to the Accounts
for the period from 3 October 2022 to 31 December 2023
MAMMOTH GROWTH LTD is a private company, limited by shares, registered in England and Wales, registration number 14394655. The registered office is HARDWICK HOUSE, PROSPECT PLACE, SWINDON, SN1 3LJ, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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.
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:
Computer equipment
20% Straight Line Basis over 3 years
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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 company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
MAMMOTH GROWTH LTD
Notes to the Accounts
for the period from 3 October 2022 to 31 December 2023
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Accrued income and prepayments
7,062
6
Creditors: amounts falling due within one year
2023
Amounts owed to group undertakings and other participating interests
84,241
Taxes and social security
16,758
Intercompany Loan from Parent Company is £84,241.00 and is interest free, payable on demand.
7
Average number of employees
During the period the average number of employees was 2.