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REGISTERED NUMBER: 09898095 (England and Wales)















MUTUALLY YOUR'S LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2023






MUTUALLY YOUR'S LIMITED (REGISTERED NUMBER: 09898095)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 6


MUTUALLY YOUR'S LIMITED

Company Information
for the year ended 31 December 2023







Director: P M Fuller





Registered office: C/O Cooper Parry
Sky View, Argosy Road
East Midlands Airport
Derby
Derbyshire
DE74 2SA





Registered number: 09898095 (England and Wales)





Accountants: Cooper Parry Advisory Limited
CUBO Birmingham
3rd Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX

Accountants' Report to the Director
on the Unaudited Financial Statements of
Mutually Your's Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mutually Your's Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the director of Mutually Your's Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mutually Your's Limited and state those matters that we have agreed to state to the director of Mutually Your's Limited in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Mutually Your's Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Mutually Your's Limited. You consider that Mutually Your's Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Mutually Your's Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cooper Parry Advisory Limited
CUBO Birmingham
3rd Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX


Date: .............................................

MUTUALLY YOUR'S LIMITED (REGISTERED NUMBER: 09898095)

Balance Sheet
31 December 2023

2023 2022
Notes £ £ £ £
Fixed assets
Intangible assets 4 4,882 10,574
Tangible assets 5 - -
4,882 10,574

Current assets
Debtors 6 583 303

Creditors
Amounts falling due within one year 7 250,867 241,218
Net current liabilities (250,284 ) (240,915 )
Total assets less current liabilities (245,402 ) (230,341 )

Capital and reserves
Called up share capital 1,000 1,000
Retained earnings (246,402 ) (231,341 )
Shareholders' funds (245,402 ) (230,341 )

MUTUALLY YOUR'S LIMITED (REGISTERED NUMBER: 09898095)

Balance Sheet - continued
31 December 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director and authorised for issue on 10 September 2024 and were signed by:





P M Fuller - Director


MUTUALLY YOUR'S LIMITED (REGISTERED NUMBER: 09898095)

Notes to the Financial Statements
for the year ended 31 December 2023

1. Statutory information

Mutually Your's Limited 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.

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website costs is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

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.

Going concern
The accounts show an overdrawn balance sheet at the year end. The director is the only creditor and has agreed to continue to support the Company so the accounts have been prepared on a going concern basis.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

MUTUALLY YOUR'S LIMITED (REGISTERED NUMBER: 09898095)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

4. Intangible fixed assets
Website
costs
£
Cost
At 1 January 2023 41,604
Additions 3,034
At 31 December 2023 44,638
Amortisation
At 1 January 2023 31,030
Amortisation for year 8,726
At 31 December 2023 39,756
Net book value
At 31 December 2023 4,882
At 31 December 2022 10,574

5. Tangible fixed assets
Computer
equipment
£
Cost
At 1 January 2023
and 31 December 2023 1,991
Depreciation
At 1 January 2023
and 31 December 2023 1,991
Net book value
At 31 December 2023 -
At 31 December 2022 -

6. Debtors: amounts falling due within one year
2023 2022
£ £
VAT 583 303

7. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 2,887 -
Directors' current accounts 247,680 241,218
Accrued expenses 300 -
250,867 241,218

8. Related party disclosures

At the reporting date an amount of £247,679 was owing to the director (2022: £241,218)