IRIS Accounts Production v24.1.9.2 10832092 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false 52155 52155 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh108320922023-06-30108320922024-06-30108320922023-07-012024-06-30108320922022-06-30108320922022-07-012023-06-30108320922023-06-3010832092ns15:EnglandWales2023-07-012024-06-3010832092ns14:PoundSterling2023-07-012024-06-3010832092ns10:Director12023-07-012024-06-3010832092ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3010832092ns10:SmallEntities2023-07-012024-06-3010832092ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3010832092ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3010832092ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3010832092ns10:FullAccounts2023-07-012024-06-301083209242ns10:Director22022-06-301083209242ns10:Director22022-07-012023-06-3010832092ns10:Director22023-07-012024-06-3010832092ns10:CompanySecretary12023-07-012024-06-3010832092ns10:RegisteredOffice2023-07-012024-06-3010832092ns5:CurrentFinancialInstruments2024-06-3010832092ns5:CurrentFinancialInstruments2023-06-3010832092ns5:Non-currentFinancialInstruments2024-06-3010832092ns5:Non-currentFinancialInstruments2023-06-3010832092ns5:ShareCapital2024-06-3010832092ns5:ShareCapital2023-06-3010832092ns5:RetainedEarningsAccumulatedLosses2024-06-3010832092ns5:RetainedEarningsAccumulatedLosses2023-06-3010832092ns5:PlantMachinery2023-07-012024-06-3010832092ns5:PlantMachinery2023-06-3010832092ns5:PlantMachinery2024-06-3010832092ns5:PlantMachinery2023-06-3010832092ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3010832092ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-30108320921ns10:Director12023-06-30108320921ns10:Director12022-06-30108320921ns10:Director12023-07-012024-06-30108320921ns10:Director12022-07-012023-06-30108320921ns10:Director12024-06-30108320921ns10:Director12023-06-30
REGISTERED NUMBER: 10832092 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

THE MIGHTY ROAR PROJECT LTD

THE MIGHTY ROAR PROJECT LTD (REGISTERED NUMBER: 10832092)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE MIGHTY ROAR PROJECT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mrs M E Holland
C T L Holland





SECRETARY: Mrs M E Holland





REGISTERED OFFICE: Suite No 2064
Kent Space Ashford
Letraset Building, Wotton Road
Ashford
Kent
TN23 6LN





REGISTERED NUMBER: 10832092 (England and Wales)





ACCOUNTANTS: Cassidys Chartered Accountants
South Stour Offices
Roman Road
Mersham
Ashford
Kent
TN25 7HS

THE MIGHTY ROAR PROJECT LTD (REGISTERED NUMBER: 10832092)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,174 5,923

CURRENT ASSETS
Stocks 7,970 5,410
Debtors 5 988,874 821,601
Cash at bank 784,286 560,325
1,781,130 1,387,336
CREDITORS
Amounts falling due within one year 6 1,582,781 1,260,442
NET CURRENT ASSETS 198,349 126,894
TOTAL ASSETS LESS CURRENT
LIABILITIES

205,523

132,817

CREDITORS
Amounts falling due after more than one year 7 (27,314 ) (32,864 )

PROVISIONS FOR LIABILITIES (1,793 ) (1,125 )
NET ASSETS 176,416 98,828

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings 171,416 93,828
176,416 98,828

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

THE MIGHTY ROAR PROJECT LTD (REGISTERED NUMBER: 10832092)

BALANCE SHEET - continued
30 JUNE 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 September 2024 and were signed on its behalf by:





C T L Holland - Director


THE MIGHTY ROAR PROJECT LTD (REGISTERED NUMBER: 10832092)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

The Mighty Roar Project Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

THE MIGHTY ROAR PROJECT LTD (REGISTERED NUMBER: 10832092)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 10,019
Additions 3,046
At 30 June 2024 13,065
DEPRECIATION
At 1 July 2023 4,096
Charge for year 1,795
At 30 June 2024 5,891
NET BOOK VALUE
At 30 June 2024 7,174
At 30 June 2023 5,923

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 459,073 433,540
Other debtors 529,801 388,061
988,874 821,601

THE MIGHTY ROAR PROJECT LTD (REGISTERED NUMBER: 10832092)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 5,556 5,561
Payments on account 1,383,173 1,132,637
Trade creditors 68,056 28,405
Taxation and social security 109,120 57,247
Other creditors 16,876 36,592
1,582,781 1,260,442

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 27,314 32,864

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 5,091 10,641

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
C T L Holland and Mrs M E Holland
Balance outstanding at start of year - 52,155
Amounts repaid - (52,155 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

9. RELATED PARTY DISCLOSURES

Mr C T L Holland & Mrs M E Holland - Directors and Shareholders

At the balance sheet date The Might Roar Project Ltd owed Mr & Mrs Holland £Nil (2023 - £261).