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REGISTERED NUMBER: 14249830 (England and Wales)















Unaudited Financial Statements

for the Period 22 July 2022 to 31 August 2023

for

Minoa Mildenhall Ltd

Minoa Mildenhall Ltd (Registered number: 14249830)






Contents of the Financial Statements
for the Period 22 July 2022 to 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Minoa Mildenhall Ltd

Company Information
for the Period 22 July 2022 to 31 August 2023







DIRECTORS: Mrs V K B Bygott-Webb
L P D Palmer





REGISTERED OFFICE: Office 107
1st Floor
239 Kensington High Street
London
W8 6SN





REGISTERED NUMBER: 14249830 (England and Wales)





ACCOUNTANTS: Douglas Home & Co Ltd
Chartered Accountants
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

Minoa Mildenhall Ltd (Registered number: 14249830)

Balance Sheet
31 August 2023

Notes £    £   
FIXED ASSETS
Intangible assets 4 196,908
Property, plant and equipment 5 96,121
293,029

CURRENT ASSETS
Cash at bank 13,538

CREDITORS
Amounts falling due within one year 6 301,605
NET CURRENT LIABILITIES (288,067 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,962

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 4,961
4,962

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2023 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 April 2024 and were signed on its behalf by:





L P D Palmer - Director


Minoa Mildenhall Ltd (Registered number: 14249830)

Notes to the Financial Statements
for the Period 22 July 2022 to 31 August 2023

1. STATUTORY INFORMATION

Minoa Mildenhall 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 and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

Turnover is recognised over the period in which services are rendered.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised 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 the cost less estimated residual value of each asset over its estimated useful life.
Fixtures & equipment - 20% on reducing balance

Financial instruments
The following assets and liabilities are classified as financial instruments - trade creditors, trade debtors, accruals, and directors' loans.

Directors' loans (being repayable on demand), trade creditors, trade debtors, and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


Minoa Mildenhall Ltd (Registered number: 14249830)

Notes to the Financial Statements - continued
for the Period 22 July 2022 to 31 August 2023

2. ACCOUNTING POLICIES - continued
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 period 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.

Employee benefits
Short term employee benefits, including holiday pay, are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they are incurred.

Provisions
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be measured reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 12 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 202,000
At 31 August 2023 202,000
AMORTISATION
Amortisation for period 5,092
At 31 August 2023 5,092
NET BOOK VALUE
At 31 August 2023 196,908

Minoa Mildenhall Ltd (Registered number: 14249830)

Notes to the Financial Statements - continued
for the Period 22 July 2022 to 31 August 2023

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
& equipment
£   
COST
Additions 101,114
At 31 August 2023 101,114
DEPRECIATION
Charge for period 4,993
At 31 August 2023 4,993
NET BOOK VALUE
At 31 August 2023 96,121

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 222
Amounts owed to group undertakings 288,339
Social security and other taxes 4,759
Deferred income 7,285
Accrued expenses 1,000
301,605