FRESH MINDS LTD

Company Registration Number:
NI656440 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 October 2023

Period of accounts

Start date: 31 October 2022

End date: 30 October 2023

FRESH MINDS LTD

Contents of the Financial Statements

for the Period Ended 30 October 2023

Balance sheet
Notes

FRESH MINDS LTD

Balance sheet

As at 30 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 4,077 8,064
Total fixed assets: 4,077 8,064
Current assets
Debtors:   9,034 25,212
Cash at bank and in hand: 8,972 22,748
Total current assets: 18,006 47,960
Creditors: amounts falling due within one year:   (21,838) (20,403)
Net current assets (liabilities): (3,832) 27,557
Total assets less current liabilities: 245 35,621
Creditors: amounts falling due after more than one year:     (2,517)
Total net assets (liabilities): 245 33,104
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 235 33,094
Shareholders funds: 245 33,104

The notes form part of these financial statements

FRESH MINDS LTD

Balance sheet statements

For the year ending 30 October 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 October 2024
and signed on behalf of the board by:

Name: Mrs A Wallace
Status: Director

The notes form part of these financial statements

FRESH MINDS LTD

Notes to the Financial Statements

for the Period Ended 30 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life.

FRESH MINDS LTD

Notes to the Financial Statements

for the Period Ended 30 October 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

FRESH MINDS LTD

Notes to the Financial Statements

for the Period Ended 30 October 2023

3. Tangible Assets

Total
Cost £
At 31 October 2022 34,820
Additions 2,255
At 30 October 2023 37,075
Depreciation
At 31 October 2022 26,756
Charge for year 6,242
At 30 October 2023 32,998
Net book value
At 30 October 2023 4,077
At 30 October 2022 8,064