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REGISTERED NUMBER: 08380027 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

MIRADE CONSULTANTS LIMITED

MIRADE CONSULTANTS LIMITED (REGISTERED NUMBER: 08380027)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MIRADE CONSULTANTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: T R Baker





REGISTERED OFFICE: 124 City Road
London
London
EC1V 2NX





REGISTERED NUMBER: 08380027 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

MIRADE CONSULTANTS LIMITED (REGISTERED NUMBER: 08380027)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 35,219 38,538
Tangible assets 5 1,193 354
36,412 38,892

CURRENT ASSETS
Debtors 6 87,930 62,450
Cash at bank 34,450 2,729
122,380 65,179
CREDITORS
Amounts falling due within one year 7 (33,106 ) (20,083 )
NET CURRENT ASSETS 89,274 45,096
TOTAL ASSETS LESS CURRENT
LIABILITIES

125,686

83,988

PROVISIONS FOR LIABILITIES 8 (227 ) (67 )
NET ASSETS 125,459 83,921

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 125,458 83,920
SHAREHOLDERS' FUNDS 125,459 83,921

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

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

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 8 October 2024 and were signed by:





T R Baker - Director


MIRADE CONSULTANTS LIMITED (REGISTERED NUMBER: 08380027)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Mirade Consultants 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.

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.

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.

Patents are being amortised evenly over their estimated useful life of ten years.

Trademarks is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Office furniture - 25% straight line
Computer equipment - 33.3% straight line

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 1 (2023 - 1 ) .

MIRADE CONSULTANTS LIMITED (REGISTERED NUMBER: 08380027)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. INTANGIBLE FIXED ASSETS
Patents Trademarks Totals
£    £    £   
COST
At 1 February 2023 45,032 1,410 46,442
Additions 770 - 770
At 31 January 2024 45,802 1,410 47,212
AMORTISATION
At 1 February 2023 7,481 423 7,904
Amortisation for year 3,948 141 4,089
At 31 January 2024 11,429 564 11,993
NET BOOK VALUE
At 31 January 2024 34,373 846 35,219
At 31 January 2023 37,551 987 38,538

5. TANGIBLE FIXED ASSETS
Office Computer
furniture equipment Totals
£    £    £   
COST
At 1 February 2023 1,668 2,816 4,484
Additions - 1,404 1,404
At 31 January 2024 1,668 4,220 5,888
DEPRECIATION
At 1 February 2023 1,668 2,462 4,130
Charge for year - 565 565
At 31 January 2024 1,668 3,027 4,695
NET BOOK VALUE
At 31 January 2024 - 1,193 1,193
At 31 January 2023 - 354 354

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,956 -
Other debtors 70,974 62,450
87,930 62,450

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 12,995 -
Other creditors 20,111 20,083
33,106 20,083

MIRADE CONSULTANTS LIMITED (REGISTERED NUMBER: 08380027)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 227 67

Deferred
tax
£   
Balance at 1 February 2023 67
Movement in year 160
Balance at 31 January 2024 227

9. RELATED PARTY DISCLOSURES

Other debtors includes £31,692 (2023: £30,272) owing from Simulytica Limited, a company in which Mr T R Baker is also a director and shareholder.

10. ULTIMATE CONTROLLING PARTY

During the year the company was under the control of T R Baker the sole director and shareholder of the company.