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REGISTERED NUMBER: 13518381 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Minimagtray Ltd

Minimagtray Ltd (Registered number: 13518381)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Minimagtray Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: R D J Sedgeman



REGISTERED OFFICE: Margarets
Pennywell Lane
Littledean
Cinderford
GL14 3JX



REGISTERED NUMBER: 13518381 (England and Wales)



ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS



BANKERS: Starling Bank
5th Floor
London Fruit & Wool Exchange
1 Duval Square
London
E1 6PW

Minimagtray Ltd (Registered number: 13518381)

Statement of Financial Position
31 July 2024

31/7/24 31/7/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 793 1,211

CURRENT ASSETS
Stocks 9,000 7,500
Debtors 5 9,711 -
Cash at bank 4,567 16,200
23,278 23,700
CREDITORS
Amounts falling due within one year 6 1,741 4,468
NET CURRENT ASSETS 21,537 19,232
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,330

20,443

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 22,230 20,343
SHAREHOLDERS' FUNDS 22,330 20,443

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 24 October 2024 and were signed by:





R D J Sedgeman - Director


Minimagtray Ltd (Registered number: 13518381)

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


1. STATUTORY INFORMATION

Minimagtray 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Minimagtray Ltd (Registered number: 13518381)

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


4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
Cost
At 1 August 2023
and 31 July 2024 493 1,300 1,793
Depreciation
At 1 August 2023 123 459 582
Charge for year 93 325 418
At 31 July 2024 216 784 1,000
Net book value
At 31 July 2024 277 516 793
At 31 July 2023 370 841 1,211

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Other debtors 9,711 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Taxation and social security 841 3,508
Other creditors 900 960
1,741 4,468

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

31/7/24 31/7/23
£    £   
R D J Sedgeman
Balance outstanding at start of year - 8,219
Amounts advanced 33,991 -
Amounts repaid (24,279 ) (8,219 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,712 -

The above loan to the director has been repaid in full after the year end date.