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REGISTERED NUMBER: 10569512 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Minor Entertainment Group Ltd

Minor Entertainment Group Ltd (Registered number: 10569512)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Minor Entertainment Group Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: A J N Collier
Mediacart Limited





REGISTERED OFFICE: 3 Kingfisher Court
Bowesfield Park
Stockton on Tees
TS18 3EX





REGISTERED NUMBER: 10569512 (England and Wales)





ACCOUNTANTS: Anderson Barrowcliff Limited
Chartered Accountants
3 Kingfisher Court
Bowesfield Park
Stockton on Tees
TS18 3EX

Minor Entertainment Group Ltd (Registered number: 10569512)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1 3

CURRENT ASSETS
Debtors 5 561,111 466,481
Cash at bank 189 2,392
561,300 468,873
CREDITORS
Amounts falling due within one year 6 470,090 269,186
NET CURRENT ASSETS 91,210 199,687
TOTAL ASSETS LESS CURRENT
LIABILITIES

91,211

199,690

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 91,111 199,590
SHAREHOLDERS' FUNDS 91,211 199,690

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 directors acknowledge their 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 Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by:





Mediacart Limited - Director


Minor Entertainment Group Ltd (Registered number: 10569512)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Minor Entertainment Group 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

Preparation of consolidated financial statements
The financial statements contain information about Minor Entertainment Group Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

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 4 (2023 - 4 ) .

Minor Entertainment Group Ltd (Registered number: 10569512)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 February 2023 3
Disposals (2 )
At 31 January 2024 1
NET BOOK VALUE
At 31 January 2024 1
At 31 January 2023 3

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 315,921 400,020
Other debtors 38,482 35,366
VAT 51,590 24,557
Prepayments and accrued income 155,118 6,538
561,111 466,481

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 74,633 1,144
Amounts owed to group undertakings 174,084 70,814
Taxation - 868
Social security and other taxes 1,863 16,031
Other creditors 37,069 43,719
Accrued expenses 182,441 136,610
470,090 269,186

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10,000 Ordinary 1p 100 100

8. RELATED PARTY DISCLOSURES

During the year the company charged its subsidiary companies for expenses amounting to £0 (2023 - £0 and was charged by its subsidiaries £77,500 (2023 £0)). During the year the company also paid £11,730 (2023 - £7,276) on behalf of its subsidiary companies. At the year end the company was owed £0 (2023 - £0) from its subsidiaries in relation to these charges and owed its subsidiary companies £174,804 (2023 - £70,814)