09334420falsethe sale of displayed insects2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director22023-04-012024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 09334420

MINIBEAST LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

MINIBEAST LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
Gary Waudby
Paul Waudby
SECRETARY
Gary Waudby
REGISTERED OFFICE
2 All Hallows
Sandy
Bedfordshire
SG19 1HS
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09334420
ACCOUNTANTS
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

MINIBEAST LIMITED

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets224,44016,260
CURRENT ASSETS
Stock20,2905,023
Debtors418,66352,697
Cash at bank and in hand139,341221,571
178,294279,291
CREDITORS: Amounts falling due within one year563,94792,980
NET CURRENT ASSETS114,347186,311
TOTAL ASSETS LESS CURRENT LIABILITIES138,787202,571
CAPITAL AND RESERVES
Called up share capital722
Profit and loss account138,785202,569
SHAREHOLDERS' FUNDS138,787202,571
For the year ending 31/03/2024 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 05/09/2024 and signed on their behalf by
.............................
Gary Waudby
Director

MINIBEAST LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Taxation
Taxation represents the sum of tax currently payable.

MINIBEAST LIMITED

2. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 01/04/202325,93025,930
Additions12,49212,492
At 31/03/202438,42238,422
Depreciation
At 01/04/20239,6709,670
For the year4,3124,312
At 31/03/202413,98213,982
Net Book Amounts
At 31/03/202424,44024,440
At 31/03/202316,26016,260
3. STOCK 20242023
££
Stock comprises:
Stock20,2905,023
20,2905,023
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors2,11552,697
VAT16,548-
18,66352,697

MINIBEAST LIMITED

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Corporation tax27,28259,320
VAT-21,104
PAYE control877268
Directors current account5,5124,602
Trade creditors29,5517,000
Accruals725686
63,94792,980
6. EMPLOYEES
20242023
No.No.
Average number of employees11
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
New shares issued during period:
2 Ordinary shares of £1 each