Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31true1No description of principal activity2023-01-01true1truefalse 11186084 2023-01-01 2023-12-31 11186084 2022-01-01 2022-12-31 11186084 2023-12-31 11186084 2022-12-31 11186084 c:Director1 2023-01-01 2023-12-31 11186084 d:Buildings d:LongLeaseholdAssets 2023-01-01 2023-12-31 11186084 d:Buildings d:LongLeaseholdAssets 2023-12-31 11186084 d:Buildings d:LongLeaseholdAssets 2022-12-31 11186084 d:PlantMachinery 2023-12-31 11186084 d:PlantMachinery 2022-12-31 11186084 d:OtherPropertyPlantEquipment 2023-01-01 2023-12-31 11186084 d:CurrentFinancialInstruments 2023-12-31 11186084 d:CurrentFinancialInstruments 2022-12-31 11186084 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11186084 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11186084 d:ShareCapital 2023-12-31 11186084 d:ShareCapital 2022-12-31 11186084 d:RetainedEarningsAccumulatedLosses 2023-12-31 11186084 d:RetainedEarningsAccumulatedLosses 2022-12-31 11186084 c:EntityNoLongerTradingButTradedInPast 2023-01-01 2023-12-31 11186084 c:FRS102 2023-01-01 2023-12-31 11186084 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11186084 c:FullAccounts 2023-01-01 2023-12-31 11186084 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11186084 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 11186084









MUD HONEY LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
MUD HONEY LTD
REGISTERED NUMBER: 11186084

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 3 
184,347
184,347

Current assets
  

Debtors: amounts falling due within one year
 4 
6,250
182,431

Cash at bank and in hand
  
-
759

  
6,250
183,190

Creditors: amounts falling due within one year
 5 
-
(14,018)

Net current assets
  
 
 
6,250
 
 
169,172

  

Net assets
  
190,597
353,519


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
190,497
353,419

  
190,597
353,519


For the year ended 31 December 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 November 2024.


................................................
D J Willis
Director

Page 1

 
MUD HONEY LTD
REGISTERED NUMBER: 11186084
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
MUD HONEY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Mud Honey Ltd is a private company, limited by shares, domiciled in England and Wales, registration number 11186084. The registered office is 88 St. John Street, London, England, EC1M 4EH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

Depreciation is provided on the following basis:

Leasehold property improvements
-
15% straight line
Other fixed assets
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 
MUD HONEY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Tangible fixed assets





Land and buildings
Other fixed assets
Total

£
£
£



Cost or valuation


At 1 January 2023
186,536
337,095
523,631



At 31 December 2023

186,536
337,095
523,631



Depreciation


At 1 January 2023
118,670
220,614
339,284



At 31 December 2023

118,670
220,614
339,284



Net book value



At 31 December 2023
67,866
116,481
184,347



At 31 December 2022
67,866
116,481
184,347

Page 4

 
MUD HONEY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors

2023
2022
£
£


Trade debtors
-
10,099

Amounts owed by group undertakings
-
157,241

Other debtors
6,250
15,091

6,250
182,431



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
7,252

Accruals and deferred income
-
6,766

-
14,018



6.


Related party transactions

At the year end date the company was owed £Nil from (2023 - £157,241) St.Vibes Limited.
A dividend of £162,741 (
2023 - £Nil) was paid to a connected company.

 
Page 5