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REGISTERED NUMBER: 11783450 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Mitchell's Design & Bespoke Joinery
Manufacturers Ltd

Mitchell's Design & Bespoke Joinery
Manufacturers Ltd (Registered number: 11783450)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Mitchell's Design & Bespoke Joinery
Manufacturers Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: S R Mitchell





REGISTERED OFFICE: Russell Chambers
61A North Street
Keighley
West Yorkshire
BD21 3DS





REGISTERED NUMBER: 11783450 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Mitchell's Design & Bespoke Joinery
Manufacturers Ltd (Registered number: 11783450)

Statement of Financial Position
31 January 2024

31.1.24 31.1.23
Notes £    £   
FIXED ASSETS
Tangible assets 5 16,209 20,193

CURRENT ASSETS
Stocks 7,575 5,000
Debtors 6 1,666 28,117
Cash at bank 12,064 3,969
21,305 37,086
CREDITORS
Amounts falling due within one year 7 (66,077 ) (40,576 )
NET CURRENT LIABILITIES (44,772 ) (3,490 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(28,563

)

16,703

CREDITORS
Amounts falling due after more than one
year

8

(14,687

)

(22,678

)

PROVISIONS FOR LIABILITIES 9 (3,058 ) (3,837 )
NET LIABILITIES (46,308 ) (9,812 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (46,408 ) (9,912 )
SHAREHOLDERS' FUNDS (46,308 ) (9,812 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

Mitchell's Design & Bespoke Joinery
Manufacturers Ltd (Registered number: 11783450)

Statement of Financial Position - continued
31 January 2024



The financial statements were approved by the director and authorised for issue on 8 April 2024 and were signed by:





S R Mitchell - Director


Mitchell's Design & Bespoke Joinery
Manufacturers Ltd (Registered number: 11783450)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Mitchell's Design & Bespoke Joinery Manufacturers 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
These accounts have been prepared on a going concern basis. The director has pledged his support for the company for the foreseeable future.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Computer equipment - Straight line over 3 years

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Mitchell's Design & Bespoke Joinery
Manufacturers Ltd (Registered number: 11783450)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 31,732 328 32,060
DEPRECIATION
At 1 February 2023 11,689 178 11,867
Charge for year 3,918 66 3,984
At 31 January 2024 15,607 244 15,851
NET BOOK VALUE
At 31 January 2024 16,125 84 16,209
At 31 January 2023 20,043 150 20,193

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors - 17,659
Other debtors 908 908
Tax - 9,257
Prepayments 758 293
1,666 28,117

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 4,888 2,007
Social security and other taxes (145 ) 9,016
VAT 3,860 7,602
Other creditors 959 959
Directors' current accounts 45,165 9,742
Accrued expenses 1,350 1,250
66,077 40,576

Mitchell's Design & Bespoke Joinery
Manufacturers Ltd (Registered number: 11783450)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 4,687 12,678
14,687 22,678

9. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 3,058 3,837

Deferred
tax
£   
Balance at 1 February 2023 3,837
Credit to Statement of Income and Retained Earnings during year (779 )
Balance at 31 January 2024 3,058

10. ULTIMATE CONTROLLING PARTY

The controlling party is S R Mitchell.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Mitchell's Design & Bespoke Joinery
Manufacturers Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mitchell's Design & Bespoke Joinery Manufacturers Ltd for the year ended 31 January 2024 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Mitchell's Design & Bespoke Joinery Manufacturers Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mitchell's Design & Bespoke Joinery Manufacturers Ltd and state those matters that we have agreed to state to the director of Mitchell's Design & Bespoke Joinery Manufacturers Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mitchell's Design & Bespoke Joinery Manufacturers Ltd and its director for our work or for this report.

It is your duty to ensure that Mitchell's Design & Bespoke Joinery Manufacturers Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Mitchell's Design & Bespoke Joinery Manufacturers Ltd. You consider that Mitchell's Design & Bespoke Joinery Manufacturers Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Mitchell's Design & Bespoke Joinery Manufacturers Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


8 April 2024