Company Registration No. 09936778 (England and Wales)
Mighty Dub Fest Limited
Unaudited accounts
for the year ended 31 January 2024
Mighty Dub Fest Limited
Unaudited accounts
Contents
Mighty Dub Fest Limited
Company Information
for the year ended 31 January 2024
Directors
Joseph Bruce Emmett
Katy Jayne Emmett
Company Number
09936778 (England and Wales)
Registered Office
17 Ips Innovate
Colburn Business Park
Colburn
DL9 4QJ
England
Accountants
Rishworth Baxter
26 Cheapside
WAKEFIELD
West Yorkshire
WF1 2TF
Mighty Dub Fest Limited
Statement of financial position
as at 31 January 2024
Tangible assets
49,459
26,749
Cash at bank and in hand
109,230
134,817
Creditors: amounts falling due within one year
(142,021)
(113,022)
Net current assets
32,822
29,077
Called up share capital
100
100
Profit and loss account
82,181
55,726
Shareholders' funds
82,281
55,826
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 directors acknowledge their 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 of Directors and authorised for issue on 29 October 2024 and were signed on its behalf by
Katy Jayne Emmett
Director
Company Registration No. 09936778
Mighty Dub Fest Limited
Notes to the Accounts
for the year ended 31 January 2024
Mighty Dub Fest Limited is a private company, limited by shares, registered in England and Wales, registration number 09936778. The registered office is 17 Ips Innovate, Colburn Business Park, Colburn, DL9 4QJ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
21,406
30,198
51,604
Disposals
(1,267)
-
(1,267)
At 31 January 2024
49,969
30,198
80,167
At 1 February 2023
9,280
15,575
24,855
Charge for the year
2,888
3,655
6,543
At 31 January 2024
11,478
19,230
30,708
At 31 January 2024
38,491
10,968
49,459
At 31 January 2023
12,126
14,623
26,749
Mighty Dub Fest Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
14,379
1,048
Other debtors
51,234
6,234
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,783
12,183
Trade creditors
16,816
3,378
Taxes and social security
8,694
3,768
Loans from directors
(16,023)
2,372
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Average number of employees
During the year the average number of employees was 3 (2023: 3).