Registered number
09332278
Relevant Mix Limited
Filleted Accounts
30 September 2022
Relevant Mix Limited
Registered number: 09332278
Balance Sheet
as at 30 September 2022
Notes 2022 2021
£ £
Fixed assets
Intangible assets 3 77,500 77,500
Tangible assets 4 96,843 96,843
174,343 174,343
Current assets
Debtors 5 2,299 2,299
Investments held as current assets 6 65,000 65,000
67,299 67,299
Creditors: amounts falling due within one year 7 (40,716) (19,470)
Net current assets 26,583 47,829
Total assets less current liabilities 200,926 222,172
Creditors: amounts falling due after more than one year 8 (238,266) (238,266)
Net liabilities (37,340) (16,094)
Capital and reserves
Called up share capital 239 239
Share premium 73,937 73,937
Revaluation reserve 9 77,499 77,499
Profit and loss account (189,015) (167,769)
Shareholders' funds (37,340) (16,094)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Jack Knowles
Director
Approved by the board on 26 March 2024
Relevant Mix Limited
Notes to the Accounts
for the year ended 30 September 2022
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Patents & Licences Not currently depreciated
Computer Equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Going Concern
The director can state that the company is still a going concern and the accounts have been drafted with the conclusion the company is still a going concern.
The other long term creditors in the accounts are all due to parties despite not being group undertakings.
2 Employees 2022 2021
Number Number
Average number of persons employed by the company 0 0
3 Intangible fixed assets £
Goodwill:
Cost
At 1 October 2021 77,500
At 30 September 2022 77,500
Amortisation
At 30 September 2022 -
Net book value
At 30 September 2022 77,500
At 30 September 2021 77,500
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Patents & Licences Computer Equipment Total
£ £ £
Cost
At 1 October 2021 121,054 1,083 122,137
At 30 September 2022 121,054 1,083 122,137
Depreciation
At 1 October 2021 24,211 1,083 25,294
At 30 September 2022 24,211 1,083 25,294
Net book value
At 30 September 2022 96,843 - 96,843
At 30 September 2021 96,843 - 96,843
5 Debtors 2022 2021
£ £
Trade debtors 23 23
Other debtors 2,276 2,276
2,299 2,299
6 Investments held as current assets 2022 2021
£ £
Fair value
Unlisted investments 65,000 65,000
7 Creditors: amounts falling due within one year 2022 2021
£ £
Bank loans and overdrafts 4,861 3,507
Trade creditors - 9,330
Taxation and social security costs 5,603 3,667
Other creditors 30,252 2,966
40,716 19,470
8 Creditors: amounts falling due after one year 2022 2021
£ £
Other creditors 238,266 238,266
9 Revaluation reserve 2022 2021
£ £
At 1 October 2021 77,499 77,499
At 30 September 2022 77,499 77,499
10 Other information
Relevant Mix Limited is a private company limited by shares and incorporated in England. Its registered office is:
Unit A 82 James Carter Road
Mildenhall
Suffolk
IP28 7DE
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