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REGISTERED NUMBER: 04632224 (England and Wales)















Financial statements for the year ended 31 January 2024

For

Minmud Ltd

Minmud Ltd (Registered number: 04632224)

Contents of the financial statements
for the Year Ended 31 January 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 4

Notes to the Financial Statements 6


Minmud Ltd

Company information
for the Year Ended 31 January 2024







DIRECTOR: Mr J Newman





REGISTERED OFFICE: Parker Russell, Level 30
The Leadenhall Building
122 Leadenhall Street
City of London
EC3V 4AB





REGISTERED NUMBER: 04632224 (England and Wales)





ACCOUNTANTS: Parker Russell UK
Chartered Accountants
Level 30
The Leadenhall Building
122 Leadenhall Street
City of London
EC3V 4AB

Chartered accountants' report to the director
On the unaudited financial statements of
Minmud ltd


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Minmud Ltd for the year ended 31 January 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Minmud Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Minmud Ltd and state those matters that we have agreed to state to the director of Minmud Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Minmud Ltd and its director for our work or for this report.

It is your duty to ensure that Minmud Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Minmud Ltd. You consider that Minmud Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Minmud Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Parker Russell UK
Chartered Accountants
Level 30
The Leadenhall Building
122 Leadenhall Street

Chartered accountants' report to the director
On the unaudited financial statements of
Minmud ltd


City of London
EC3V 4AB


23 October 2024

Minmud Ltd (Registered number: 04632224)

Balance sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 13,886 18,514
13,886 18,514

Current assets
Stocks 5 60,000 38,450
Debtors 6 62,577 85,414
Cash at bank 5 2,521
122,582 126,385
Creditors
Amounts falling due within one year 7 104,676 95,255
Net current assets 17,906 31,130
Total assets less current liabilities 31,792 49,644

Creditors
Amounts falling due after more than
one year

8

28,578

49,088
Net assets 3,214 556

Minmud Ltd (Registered number: 04632224)

Balance sheet - continued
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
Capital and reserves
Called up share capital 2 2
Retained earnings 3,212 554
Shareholders' funds 3,214 556

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 23 October 2024 and were signed by:





Mr J Newman - Director


Minmud Ltd (Registered number: 04632224)

Notes to the financial statements
for the Year Ended 31 January 2024


1. STATUTORY INFORMATION

Minmud Ltd 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 discounts, rebates, value added tax and other sales taxes.

Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

STOCKS
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Minmud Ltd (Registered number: 04632224)

Notes to the financial statements - continued
for the Year Ended 31 January 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 February 2023
and 31 January 2024 1,325 9,426 108,236 118,987
DEPRECIATION
At 1 February 2023 1,325 6,609 92,539 100,473
Charge for year - 704 3,924 4,628
At 31 January 2024 1,325 7,313 96,463 105,101
NET BOOK VALUE
At 31 January 2024 - 2,113 11,773 13,886
At 31 January 2023 - 2,817 15,697 18,514

5. STOCKS
31.1.24 31.1.23
£    £   
Work-in-progress 60,000 38,450

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.1.24 31.1.23
£    £   
Trade debtors 62,577 85,414

Minmud Ltd (Registered number: 04632224)

Notes to the financial statements - continued
for the Year Ended 31 January 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 45,109 19,319
Tax 43,755 30,423
Social security and other taxes 3,578 2,611
VAT 5,837 42,381
Wages O/S 2,083 -
Credit Card 4,314 521
104,676 95,255

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans - 2-5 years 28,028 47,347
Director's current account 550 1,741
28,578 49,088

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J Newman.

The ultimate controlling party is Mr J Newman.

The company was controlled by the director by virtue of his shareholding during the year under review.