Registered Number:07963390 |
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
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
Molly's Mixtures Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
3,226
2,782
2
3,226
2,782
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
2
2
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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For the year ended 31 March 2024
Molly's Mixtures Ltd
Statement of Financial Position Continued
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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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. |
Unit 33
Magna Way
Rotherham
S60 1FE
The presentation currency is £ sterling. |
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: |
Computer equipment
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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For the year ended 31 March 2024
Molly's Mixtures Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
6,461
-
6,461
1,520
999
521
6,982
999
7,981
Provision for depreciation and impairment |
3,679
-
3,679
Charge for year
1,076
250
826
4,755
250
4,505
2,477
749
3,226
2,782
-
2,782
2023
2024
6,500
22,500
4. Trade and other receivables |
2023
2024
5,651
37,801
4,350
-
37,801
10,001
5. Trade and other payables: amounts falling due within one year |
2023
2024
11,402
26,307
Taxation and social security |
1,942
4,350
1,000
724
14,344
31,381
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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
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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