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Company Registration No. 13455426 (England and Wales)
Miniature Hobbies Ltd Unaudited accounts for the year ended 30 June 2024
Miniature Hobbies Ltd Unaudited accounts Contents
Page
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Miniature Hobbies Ltd Company Information for the year ended 30 June 2024
Director
Daniel Davis
Company Number
13455426 (England and Wales)
Registered Office
203 West Street Fareham PO16 0EN England
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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Miniature Hobbies Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
483 
97 
Current assets
Inventories
7,006 
- 
Cash at bank and in hand
1,247 
328 
8,253 
328 
Creditors: amounts falling due within one year
(31,797)
(10,468)
Net current liabilities
(23,544)
(10,140)
Net liabilities
(23,061)
(10,043)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(23,062)
(10,044)
Shareholders' funds
(23,061)
(10,043)
For the year ending 30 June 2024 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 his 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 10 September 2024 and were signed on its behalf by
Daniel Davis Director Company Registration No. 13455426
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Miniature Hobbies Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Miniature Hobbies Ltd is a private company, limited by shares, registered in England and Wales, registration number 13455426. The registered office is 203 West Street, Fareham, PO16 0EN, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
- 
130 
130 
Additions
419 
- 
419 
At 30 June 2024
419 
130 
549 
Depreciation
At 1 July 2023
- 
33 
33 
Charge for the year
9 
24 
33 
At 30 June 2024
9 
57 
66 
Net book value
At 30 June 2024
410 
73 
483 
At 30 June 2023
- 
97 
97 
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Miniature Hobbies Ltd Notes to the Accounts for the year ended 30 June 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,560 
- 
VAT
- 
8 
Other creditors
2,006 
554 
Loans from directors
24,231 
9,906 
31,797 
10,468 
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Daniel Davis
Directors Current accounts
(9,906)
259 
14,584 
(24,231)
(9,906)
259 
14,584 
(24,231)
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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