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Company Registration No. 13593322 (England and Wales)
Mitko Tattoo Ltd Unaudited accounts for the year ended 31 August 2024
Mitko Tattoo Ltd Unaudited accounts Contents
Page
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Mitko Tattoo Ltd Company Information for the year ended 31 August 2024
Director
Mr Dimitar Dimitrov
Company Number
13593322 (England and Wales)
Registered Office
241 HIGH STREET BROMLEY BR1 1NZ ENGLAND
Accountants
Prody Books Ltd The Old Library St Faith's Street Maidstone Kent ME14 1LH
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Mitko Tattoo Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
720 
961 
Current assets
Debtors
- 
423 
Cash at bank and in hand
272 
143 
272 
566 
Creditors: amounts falling due within one year
(9,375)
(9,592)
Net current liabilities
(9,103)
(9,026)
Net liabilities
(8,383)
(8,065)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(8,483)
(8,165)
Shareholders' funds
(8,383)
(8,065)
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 22 November 2024 and were signed on its behalf by
Mr Dimitar Dimitrov Director Company Registration No. 13593322
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Mitko Tattoo Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Mitko Tattoo Ltd is a private company, limited by shares, registered in England and Wales, registration number 13593322. The registered office is 241 HIGH STREET, BROMLEY, BR1 1NZ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% reducing balance
Computer equipment
25% reducing balances
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Mitko Tattoo Ltd Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
135 
1,249 
1,384 
At 31 August 2024
135 
1,249 
1,384 
Depreciation
At 1 September 2023
44 
379 
423 
Charge for the year
23 
218 
241 
At 31 August 2024
67 
597 
664 
Net book value
At 31 August 2024
68 
652 
720 
At 31 August 2023
91 
870 
961 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
423 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
653 
Loans from directors
8,655 
8,219 
Accruals
720 
720 
9,375 
9,592 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Transactions with related parties
Dividends totaling NIL ( 2023 - NIL) were paid in the year in respect of shares held by the company's director.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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