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REGISTERED NUMBER: 09460829 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Mouse & Bear Solutions Ltd

Mouse & Bear Solutions Ltd (Registered number: 09460829)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mouse & Bear Solutions Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Mrs L Eadie
L J Eadie





REGISTERED OFFICE: The Tithe
Abbey Manor Business Centre
Preston Road
Yeovil
Somerset
BA20 2EN





REGISTERED NUMBER: 09460829 (England and Wales)





ACCOUNTANTS: Morley & Co (UK) Ltd
Chartered Certified Accountants,
2 Cricklade Court
Old Town
Swindon
Wiltshire
SN1 3EY

Mouse & Bear Solutions Ltd (Registered number: 09460829)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 32,556 15,194
Tangible assets 5 4,170 1,221
36,726 16,415

CURRENT ASSETS
Debtors 6 423,727 462,826
Cash at bank 515,201 317,426
938,928 780,252
CREDITORS
Amounts falling due within one year 7 579,996 404,938
NET CURRENT ASSETS 358,932 375,314
TOTAL ASSETS LESS CURRENT
LIABILITIES

395,658

391,729

PROVISIONS FOR LIABILITIES 1,021 232
NET ASSETS 394,637 391,497

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 394,537 391,397
SHAREHOLDERS' FUNDS 394,637 391,497

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Mouse & Bear Solutions Ltd (Registered number: 09460829)

Balance Sheet - continued
29 February 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2024 and were signed on its behalf by:





Mrs L Eadie - Director


Mouse & Bear Solutions Ltd (Registered number: 09460829)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Mouse & Bear Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Amounts recoverable on contract
Contract valuations have been treated in the financial statements in accordance with FRS 102, section 23 for revenue. Treating contract valuations as long term contracts means that they are included in turnover in the period the work is undertaken and that the attributable profit element is recognised as the contract proceeds. The valuation is based on sales value of the work undertaken to the balance sheet date. Foreseeable losses on contracts are accounted for as soon as they are recognised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortisation evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Financial instruments
Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.


Mouse & Bear Solutions Ltd (Registered number: 09460829)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

Mouse & Bear Solutions Ltd (Registered number: 09460829)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 March 2023 16,882
Additions 19,669
At 29 February 2024 36,551
AMORTISATION
At 1 March 2023 1,688
Amortisation for year 2,307
At 29 February 2024 3,995
NET BOOK VALUE
At 29 February 2024 32,556
At 28 February 2023 15,194

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2023 9,810
Additions 3,954
At 29 February 2024 13,764
DEPRECIATION
At 1 March 2023 8,589
Charge for year 1,005
At 29 February 2024 9,594
NET BOOK VALUE
At 29 February 2024 4,170
At 28 February 2023 1,221

Mouse & Bear Solutions Ltd (Registered number: 09460829)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 314,488 232,643
Amounts owed by group undertakings - 101,634
Amounts recoverable on contract 107,218 122,445
Prepayments 2,021 6,104
423,727 462,826

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 166,066 217,454
Amounts owed to group undertakings 170,416 -
Taxation and social security 154,055 86,941
Other creditors 89,459 100,543
579,996 404,938

8. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Mouse & Bear Holdings Ltd whose registered office is The Tithe, Abbey Manor Business Centre, Preston Road, Yeovil, BA20 2EN.

The company is controlled on a day to day basis by the Directors, Lee and Lorraine Eadie.