1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-02-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 11769867 2023-02-01 2024-01-31 11769867 2024-01-31 11769867 2023-01-31 11769867 2022-02-01 2023-01-31 11769867 2023-01-31 11769867 2022-01-31 11769867 bus:Director1 2023-02-01 2024-01-31 11769867 core:WithinOneYear 2024-01-31 11769867 core:WithinOneYear 2023-01-31 11769867 bus:Micro-entities 2023-02-01 2024-01-31 11769867 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11769867 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11769867 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11769867 bus:FullAccounts 2023-02-01 2024-01-31
COMPANY REGISTRATION NUMBER: 11769867
Method 2.0 Limited
Filleted Unaudited Financial Statements
For the period ended
31 January 2024
Method 2.0 Limited
Statement of Financial Position
31 January 2024
2024
2023
£
£
£
£
Fixed assets
2,328
100
-------
----
Current assets
320,764
283,308
Prepayments and accrued income
1,905
---------
---------
322,669
283,308
Creditors: amounts falling due within one year
8,946
17,436
---------
---------
Net current assets
313,723
265,872
---------
---------
Total assets less current liabilities
316,051
265,972
Accruals and deferred income
11,350
2,574
---------
---------
304,701
263,398
---------
---------
Capital and reserves
304,701
263,398
---------
---------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
2. Director's advances, credits and guarantees
During the year the company continued to extend the use of a loan facility to the director. No interest has been charged in the current year (2023: interest, at the HMRC official rate, was charged on the outstanding balance on a daily basis).
2024 2023
£ £
Advances 3,046 58,180
Repayments 1,947 57,100
Balance due to the company at the period end 3,046 1,947
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 20 October 2024 , and are signed on behalf of the board by:
Miss K M Corrigan
Director
Company registration number: 11769867
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 Wellbrook Court, Girton, Cambridge, CB3 0NA.