Company registration number 02395011 (England and Wales)
MITAB SYSTEMS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
MITAB SYSTEMS LIMITED
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet and notes to the financial statements
3 - 4
MITAB SYSTEMS LIMITED
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF MITAB SYSTEMS LIMITED
- 1 -
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 June 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet, you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that comply with the requirements of the Acts.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the directors for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Hunts Accountants Ltd
27 February 2024
Accountants
The Old Pump House
Oborne Road
Sherborne
Dorset
England
DT9 3RX
MITAB SYSTEMS LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2023
- 2 -
2023
2022
£
£
Turnover
37,262
85,422
Other income
82
10
Cost of raw materials and consumables
(1,219)
(684)
Staff costs
(25,152)
(25,152)
Depreciation and other amounts written off assets
(1,125)
(634)
Other charges
(4,285)
(4,300)
Tax
(864)
(9,951)
Profit
4,699
44,711
MITAB SYSTEMS LIMITED
BALANCE SHEET
AS AT 30 JUNE 2023
30 June 2023
- 3 -
2023
2022
£
£
£
£
Fixed assets
2,728
1,901
Current assets
8,347
56,595
Creditors: amounts falling due within one year
(5,378)
(22,498)
Net current assets
2,969
34,097
Total assets less current liabilities
5,697
35,998
Net assets
5,697
35,998
Capital and reserves
5,697
35,998
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
2
2
Mitab Systems Limited is a private company limited by shares incorporated in England and Wales. The registered office is Mulberries, 6 Ploughfield Close, Holly Green, Upton-upon-Severn, Worcestershire, England, WR8 0RY.
For the year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
MITAB SYSTEMS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023
30 June 2023
- 4 -
The financial statements were approved by the board of directors and authorised for issue on 27 February 2024 and are signed on its behalf by:
..............................................
Mr MA Mould
Director
Company registration number 02395011 (England and Wales)
MITAB SYSTEMS LIMITED
MANAGEMENT INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023