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 |