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Company Registration No. 12436037 (England and Wales)
MIND SET SHIFT LIMITED Unaudited accounts for the year ended 31 January 2024
MIND SET SHIFT LIMITED Unaudited accounts Contents
Page
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MIND SET SHIFT LIMITED Company Information for the year ended 31 January 2024
Director
Mr Sope Agbelusi
Company Number
12436037 (England and Wales)
Registered Office
111 New Union Street COVENTRY CV1 2NT ENGLAND
Accountants
Arthur Hamilton Accountancy 124 City Road London EC1V 2NX
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MIND SET SHIFT LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,259 
- 
Current assets
Debtors
20,284 
6,000 
Cash at bank and in hand
60,983 
28,865 
81,267 
34,865 
Creditors: amounts falling due within one year
(47,259)
(18,163)
Net current assets
34,008 
16,702 
Net assets
37,267 
16,702 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
37,266 
16,701 
Shareholders' funds
37,267 
16,702 
For the year ending 31 January 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 2 September 2024 and were signed on its behalf by
Mr Sope Agbelusi Director Company Registration No. 12436037
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MIND SET SHIFT LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
MIND SET SHIFT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12436037. The registered office is 111 New Union Street, COVENTRY, CV1 2NT, 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:
Computer equipment
33.33% Straight Line Method
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2023
- 
Additions
3,352 
At 31 January 2024
3,352 
Depreciation
Charge for the year
93 
At 31 January 2024
93 
Net book value
At 31 January 2024
3,259 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,284 
6,000 
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MIND SET SHIFT LIMITED Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
22,743 
- 
VAT
- 
4,242 
Taxes and social security
24,191 
3,191 
Loans from directors
325 
10,730 
47,259 
18,163 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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