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REGISTERED NUMBER: 01997494 (England and Wales)












Mighty Micro Manchester Limited

Unaudited Financial Statements

for the Year Ended 31 July 2024






Mighty Micro Manchester Limited (Registered number: 01997494)






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




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Mighty Micro Manchester Limited

Company Information
for the Year Ended 31 July 2024







Directors: R H Somaia
Mrs M R Somaia
N Somaia





Secretary: M R Somaia





Registered office: Unit 3a
Demeter Building
Brighton Road
Stockport
SK4 2BE





Registered number: 01997494 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

Mighty Micro Manchester Limited (Registered number: 01997494)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 23,255 30,467
Investments 5 - 800
23,255 31,267

Current assets
Stocks 138,021 122,473
Debtors 6 387,860 375,926
Cash at bank 380,574 473,068
906,455 971,467
Creditors
Amounts falling due within one year 7 89,272 117,722
Net current assets 817,183 853,745
Total assets less current liabilities 840,438 885,012

Provisions for liabilities 3,968 5,366
Net assets 836,470 879,646

Capital and reserves
Called up share capital 25,000 25,000
Retained earnings 811,470 854,646
Shareholders' funds 836,470 879,646

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 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.

Mighty Micro Manchester Limited (Registered number: 01997494)

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.

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 27 September 2024 and were signed on its behalf by:





Mrs M R Somaia - Director


Mighty Micro Manchester Limited (Registered number: 01997494)

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

1. Statutory information

Mighty Micro Manchester 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax.

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 - 25% 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.

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.

Fixed asset investments
Fixed asset investments are stated at fair value. Changes in fair value are recognised in profit or loss.

Government grants
Government grants are accounted for on an accruals basis.

3. Employees and directors

The average number of employees during the year was 5 (2023 - 5 ) .

Mighty Micro Manchester Limited (Registered number: 01997494)

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

4. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
At 1 August 2023 98,100
Additions 540
At 31 July 2024 98,640
Depreciation
At 1 August 2023 67,633
Charge for year 7,752
At 31 July 2024 75,385
Net book value
At 31 July 2024 23,255
At 31 July 2023 30,467

5. Fixed asset investments
Other
investments
£   
Cost
At 1 August 2023 800
Disposals (800 )
At 31 July 2024 -
Net book value
At 31 July 2024 -
At 31 July 2023 800

6. Debtors: amounts falling due within one year
31.7.24 31.7.23
£    £   
Trade debtors 21,085 22,039
Other debtors 366,775 353,887
387,860 375,926

Mighty Micro Manchester Limited (Registered number: 01997494)

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

7. Creditors: amounts falling due within one year
31.7.24 31.7.23
£    £   
Trade creditors 79,879 73,326
Taxation and social security 2,578 37,981
Other creditors 6,815 6,415
89,272 117,722