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Company Registration No. 12703907 (England and Wales)
Sendmin Ltd Unaudited accounts for the year ended 31 March 2024
Sendmin Ltd Unaudited accounts Contents
Page
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Sendmin Ltd Company Information for the year ended 31 March 2024
Director
Michaela Hamilton
Company Number
12703907 (England and Wales)
Registered Office
5 Poveys Mead Kingsclere Newbury RG20 5ER England
Accountants
Surrey Hills Accountancy Limited The Old Workshop Longfrey Cottage Dorking Road Chilworth GU4 8RH
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Sendmin Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
242,357 
261,000 
Tangible assets
5,886 
8,711 
248,243 
269,711 
Current assets
Inventories
34,116 
37,865 
Debtors
68,518 
30,801 
Cash at bank and in hand
(36,542)
21,742 
66,092 
90,408 
Creditors: amounts falling due within one year
(124,275)
(170,851)
Net current liabilities
(58,183)
(80,443)
Total assets less current liabilities
190,060 
189,268 
Creditors: amounts falling due after more than one year
(127,500)
(188,700)
Net assets
62,560 
568 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
62,558 
566 
Shareholders' funds
62,560 
568 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 April 2024 and were signed on its behalf by
Michaela Hamilton Director Company Registration No. 12703907
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Sendmin Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Sendmin Ltd is a private company, limited by shares, registered in England and Wales, registration number 12703907. The registered office is 5 Poveys Mead, Kingsclere, Newbury, RG20 5ER, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% SL
Computer equipment
33% SL
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Sendmin Ltd Notes to the Accounts for the year ended 31 March 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
290,000 
At 31 March 2024
290,000 
Amortisation
At 1 April 2023
29,000 
Charge for the year
18,643 
At 31 March 2024
47,643 
Net book value
At 31 March 2024
242,357 
At 31 March 2023
261,000 
Goodwill has been amortised over 15 years after assessment by the Director
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
- 
14,693 
14,693 
Additions
152 
- 
152 
At 31 March 2024
152 
14,693 
14,845 
Depreciation
At 1 April 2023
- 
5,982 
5,982 
Charge for the year
74 
2,903 
2,977 
At 31 March 2024
74 
8,885 
8,959 
Net book value
At 31 March 2024
78 
5,808 
5,886 
At 31 March 2023
- 
8,711 
8,711 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
68,518 
30,801 
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Sendmin Ltd Notes to the Accounts for the year ended 31 March 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,060 
9,488 
VAT
13,727 
- 
Trade creditors
(438)
7,552 
Taxes and social security
24,261 
20,705 
Other creditors
60,138 
131,648 
Loans from directors
20,277 
- 
Accruals
1,250 
1,458 
124,275 
170,851 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
127,500 
188,700 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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