2023-04-01 07963390 2024-03-31 07963390 2023-04-01 2024-03-31 07963390 2023-03-31 07963390 2022-04-01 2023-03-31 07963390 uk-core:WithinOneYear 2023-03-31 07963390 uk-core:WithinOneYear 2024-03-31 07963390 uk-core:AfterOneYear 2023-03-31 07963390 uk-core:AfterOneYear 2024-03-31 07963390 uk-core:ShareCapital 2024-03-31 07963390 uk-core:ShareCapital 2023-03-31 07963390 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 07963390 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 07963390 uk-bus:Director1 2023-04-01 2024-03-31 07963390 uk-core:ComputerEquipment 2023-04-01 2024-03-31 07963390 uk-core:FurnitureFittings 2023-04-01 2024-03-31 07963390 uk-core:ComputerEquipment 2023-03-31 07963390 uk-core:FurnitureFittings 2023-03-31 07963390 uk-core:FurnitureFittings 2024-03-31 07963390 uk-core:ComputerEquipment 2024-03-31 iso4217:GBP xbrli:pure 07963390 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07963390 uk-bus:FRS102 2023-04-01 2024-03-31 07963390 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 07963390 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Molly's Mixtures Ltd
Registered Number:07963390
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Molly's Mixtures Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
07963390
As at 31 March 2024
Molly's Mixtures Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
3,226
2,782
2
3,226
2,782
Current assets
Inventories
22,500
6,500
3
Trade and other receivables
37,801
10,001
4
78,519
Cash and cash equivalents
38,733
55,234
138,820
Trade and other payables: amounts falling due within one year
(31,381)
(14,344)
5
107,439
40,890
Net current assets
Total assets less current liabilities
44,116
110,221
Trade and other payables: amounts falling due after more than one
year
(23,686)
(6,109)
6
(603)
(516)
Provisions for liabilities
37,404
Net assets
86,019
Capital and reserves
Called up share capital
2
2
Retained earnings
37,402
86,017
37,404
86,019
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
07963390
For the year ended 31 March 2024
Molly's Mixtures Ltd
Statement of Financial Position Continued
Mrs Adele White Director
These financial statements were approved and authorised for issue by the Board on 10 June 2024 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 March 2024
Molly's Mixtures Ltd
Notes to the Financial Statements
Statutory Information
Molly's Mixtures Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
07963390.
Registered address:
Unit 33
Magna Way
Rotherham
S60 1FE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer equipment
25% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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.
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6
For the year ended 31 March 2024
Molly's Mixtures Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or valuation
At 01 April 2023
6,461
-
6,461
1,520
999
521
Additions
At 31 March 2024
6,982
999
7,981
Provision for depreciation and impairment
At 01 April 2023
3,679
-
3,679
Charge for year
1,076
250
826
At 31 March 2024
4,755
250
4,505
At 31 March 2024
Net book value
2,477
749
3,226
At 31 March 2023
2,782
-
2,782
3. Inventories
2023
2024
£
£
Stocks
6,500
22,500
4. Trade and other receivables
2023
2024
£
£
Trade debtors
5,651
37,801
Other debtors
4,350
-
37,801
10,001
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
11,402
26,307
Taxation and social security
1,942
4,350
Other creditors
1,000
724
14,344
31,381
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7
For the year ended 31 March 2024
Molly's Mixtures Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
6,109
23,686
7. Average number of persons employed
During the year the average number of employees was 5 (2023 : 5)
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