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Company Registration No. 08639439 (England and Wales)
Mirthme Limited Unaudited accounts for the year ended 31 August 2023
Mirthme Limited Unaudited accounts Contents
Page
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Mirthme Limited Company Information for the year ended 31 August 2023
Director
Donghang Yan
Company Number
08639439 (England and Wales)
Registered Office
93 Pen-Y-Wal Drive Llanwern Newport Wales NP18 2EL
Accountants
Anthony Daniel Associates Ltd 10 Julian Place London E14 3AT
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Mirthme Limited Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
189 
593 
Current assets
Debtors
- 
360 
Cash at bank and in hand
- 
260 
- 
620 
Creditors: amounts falling due within one year
(25,344)
(25,400)
Net current liabilities
(25,344)
(24,780)
Total assets less current liabilities
(25,155)
(24,187)
Creditors: amounts falling due after more than one year
(80,585)
(83,145)
Net liabilities
(105,740)
(107,332)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(106,740)
(108,332)
Shareholders' funds
(105,740)
(107,332)
For the year ending 31 August 2023 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 8 August 2024 and were signed on its behalf by
Donghang Yan Director Company Registration No. 08639439
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Mirthme Limited Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Mirthme Limited is a private company, limited by shares, registered in England and Wales, registration number 08639439. The registered office is 93 Pen-Y-Wal Drive, Llanwern, Newport, Wales, NP18 2EL.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% on straight line
Stocks
Stocks and work-in-progress 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 expenditure and an appropriate proportion of fixed and variable overheads.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the director and shareholders will continue to financially support the company during this uncertain period.
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Mirthme Limited Notes to the Accounts for the year ended 31 August 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2022
3,674 
Additions
(1,846)
At 31 August 2023
1,828 
Depreciation
At 1 September 2022
3,081 
Charge for the year
404 
On disposals
(1,846)
At 31 August 2023
1,639 
Net book value
At 31 August 2023
189 
At 31 August 2022
593 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
360 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
(17)
Other creditors
25,104 
25,104 
Accruals
240 
313 
25,344 
25,400 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
80,585 
83,145 
Included in amounts falling due after more than one year is Mr. Zhihao Li's loan of £82,845 (2020 : £84,353), which is payable at the end of five year terms. The loan is unsecured and subordinated in favour of third party creditors.
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
9
Controlling party
The ultimate controlling party is Miss. Donghang Yan, who is a director of the company.
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Mirthme Limited Notes to the Accounts for the year ended 31 August 2023
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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