IRIS Accounts Production v24.2.0.383 09712988 director 1.8.23 31.7.24 31.7.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh097129882023-07-31097129882024-07-31097129882023-08-012024-07-31097129882022-07-31097129882022-08-012023-07-31097129882023-07-3109712988ns15:EnglandWales2023-08-012024-07-3109712988ns14:PoundSterling2023-08-012024-07-3109712988ns10:Director12023-08-012024-07-3109712988ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3109712988ns10:SmallEntities2023-08-012024-07-3109712988ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3109712988ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3109712988ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3109712988ns10:AbridgedAccounts2023-08-012024-07-3109712988ns10:OrdinaryShareClass12023-08-012024-07-3109712988ns10:RegisteredOffice2023-08-012024-07-3109712988ns5:CurrentFinancialInstruments2024-07-3109712988ns5:CurrentFinancialInstruments2023-07-3109712988ns5:Non-currentFinancialInstruments2024-07-3109712988ns5:Non-currentFinancialInstruments2023-07-3109712988ns5:ShareCapital2024-07-3109712988ns5:ShareCapital2023-07-3109712988ns5:RetainedEarningsAccumulatedLosses2024-07-3109712988ns5:RetainedEarningsAccumulatedLosses2023-07-3109712988ns5:PlantMachinery2023-08-012024-07-3109712988ns5:MotorVehicles2023-08-012024-07-3109712988ns10:OrdinaryShareClass12024-07-31
REGISTERED NUMBER: 09712988 (England and Wales)















Financial Statements for the Year Ended 31 July 2024

for

Mitchell Renovations Ltd

Mitchell Renovations Ltd (Registered number: 09712988)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Mitchell Renovations Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mr D Ayres-Mitchell





REGISTERED OFFICE: The Old Doctor's House
74 Grange Road
Dudley
West Midlands
DY1 2AW





REGISTERED NUMBER: 09712988 (England and Wales)

Mitchell Renovations Ltd (Registered number: 09712988)

Abridged Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,751 31,395

CURRENT ASSETS
Debtors 237,138 126,246
Cash at bank 357,999 469,179
595,137 595,425
CREDITORS
Amounts falling due within one year 158,213 201,072
NET CURRENT ASSETS 436,924 394,353
TOTAL ASSETS LESS CURRENT
LIABILITIES

488,675

425,748

CREDITORS
Amounts falling due after more than one
year

5,834

12,834
NET ASSETS 482,841 412,914

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 482,741 412,814
SHAREHOLDERS' FUNDS 482,841 412,914

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

Mitchell Renovations Ltd (Registered number: 09712988)

Abridged Balance Sheet - continued
31 July 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 September 2024 and were signed by:





Mr D Ayres-Mitchell - Director


Mitchell Renovations Ltd (Registered number: 09712988)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Mitchell Renovations 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.

The financial statements have been prepared on a going concern basis.

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 - 18% on cost
Motor vehicles - 18% 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.

3. EMPLOYEES AND DIRECTORS

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

Mitchell Renovations Ltd (Registered number: 09712988)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2023 57,069
Additions 37,765
At 31 July 2024 94,834
DEPRECIATION
At 1 August 2023 25,674
Charge for year 17,409
At 31 July 2024 43,083
NET BOOK VALUE
At 31 July 2024 51,751
At 31 July 2023 31,395

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary £1 100 100