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REGISTERED NUMBER: 12927475 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

MEEPLE WORLD LTD

MEEPLE WORLD LTD (REGISTERED NUMBER: 12927475)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MEEPLE WORLD LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: A G Trickett





REGISTERED OFFICE: 72 Saddler Street
Durham
DH1 3NP





REGISTERED NUMBER: 12927475 (England and Wales)





ACCOUNTANTS: RMT Ribchesters
Accountants and Business Advisors
Finchale House
Belmont Business Park
Durham
DH1 1TW

MEEPLE WORLD LTD (REGISTERED NUMBER: 12927475)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,850 8,150

CURRENT ASSETS
Stocks 40,000 37,356
Debtors 5 4,816 1,845
Cash at bank 1,827 9,105
46,643 48,306
CREDITORS
Amounts falling due within one year 6 82,234 60,069
NET CURRENT LIABILITIES (35,591 ) (11,763 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(29,741

)

(3,613

)

CREDITORS
Amounts falling due after more than one
year

7

-

(5,416

)

PROVISIONS FOR LIABILITIES (2,336 ) (2,336 )
NET LIABILITIES (32,077 ) (11,365 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (32,177 ) (11,465 )
SHAREHOLDERS' FUNDS (32,077 ) (11,365 )

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

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

MEEPLE WORLD LTD (REGISTERED NUMBER: 12927475)

BALANCE SHEET - continued
31 OCTOBER 2023


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 director and authorised for issue on 29 July 2024 and were signed by:





A G Trickett - Director


MEEPLE WORLD LTD (REGISTERED NUMBER: 12927475)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Meeple World 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.

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 - 10 years on cost
Fixtures and fittings - 5 years straight line

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

MEEPLE WORLD LTD (REGISTERED NUMBER: 12927475)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

2. ACCOUNTING POLICIES - continued

Going concern
The director has considered the current profitability and future cash flows of the company for a period of more than 12 months from the date of this report. Following that review the director has concluded that the company is likely to have sufficient resources to meets its ongoing commitments. The financial statements have therefore been prepared using the going concern basis of accounting.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 31 October 2023 12,275
DEPRECIATION
At 1 November 2022 4,125
Charge for year 2,300
At 31 October 2023 6,425
NET BOOK VALUE
At 31 October 2023 5,850
At 31 October 2022 8,150

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 4,816 1,845

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 12,440 15,100
Trade creditors 3,732 3,646
Taxation and social security 7,959 5,142
Other creditors 58,103 36,181
82,234 60,069

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 5,416

MEEPLE WORLD LTD (REGISTERED NUMBER: 12927475)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 26,750 28,500
Between one and five years - 26,750
26,750 55,250

The lease contains a break clause 3 years following the start date which is not reflected.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

10. RELATED PARTY DISCLOSURES

During the year the company received an interest free loan from a related company. The balance due to this company as at 31st October 2023 was £48,294 (2022: £24,324).

Various charges/recharges were made to/from that company which the director believes to have been made on market rate terms.

During the year the director made an interest free loan to the company. As at 31st October 2023 the balance outstanding was £6,119 (2022:5,807).