Company Registration No. 08639439 (England and Wales)
Mirthme Limited
Unaudited accounts
for the year ended 31 August 2023
Mirthme Limited
Unaudited accounts
Contents
Mirthme Limited
Company Information
for the year ended 31 August 2023
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
Mirthme Limited
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
-
260
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)
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
Mirthme Limited
Notes to the Accounts
for the year ended 31 August 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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 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.
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.
Mirthme Limited
Notes to the Accounts
for the year ended 31 August 2023
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
(17)
Other creditors
25,104
25,104
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.
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
The ultimate controlling party is Miss. Donghang Yan, who is a director of the company.
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).