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Company Registration No. 11143130 (England and Wales)
MindOf Limited Unaudited accounts for the year ended 31 March 2024
MindOf Limited Unaudited accounts Contents
Page
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MindOf Limited Company Information for the year ended 31 March 2024
Director
Dr Olivia Fiertag
Company Number
11143130 (England and Wales)
Registered Office
Golders Hill Health Centre North EndRoad 151 North End Road London NW11 7HT
Accountants
Clearfin Accountants Limited Churchill House 137-139 Brent Street London NW4 4DJ
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MindOf Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,244 
6,623 
Current assets
Debtors
21,266 
8,558 
Cash at bank and in hand
223,307 
277,608 
244,573 
286,166 
Creditors: amounts falling due within one year
(43,905)
(72,121)
Net current assets
200,668 
214,045 
Net assets
205,912 
220,668 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
205,812 
220,568 
Shareholders' funds
205,912 
220,668 
For the year ending 31 March 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 her 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 21 October 2024 and were signed on its behalf by
Dr Olivia Fiertag Director Company Registration No. 11143130
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MindOf Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
MindOf Limited is a private company, limited by shares, registered in England and Wales, registration number 11143130. The registered office is Golders Hill Health Centre North EndRoad, 151 North End Road, London, NW11 7HT.
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:
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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MindOf Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
11,220 
1,086 
12,306 
Additions
865 
- 
865 
At 31 March 2024
12,085 
1,086 
13,171 
Depreciation
At 1 April 2023
5,411 
272 
5,683 
Charge for the year
2,040 
204 
2,244 
At 31 March 2024
7,451 
476 
7,927 
Net book value
At 31 March 2024
4,634 
610 
5,244 
At 31 March 2023
5,809 
814 
6,623 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,540 
7,640 
Accrued income and prepayments
1,224 
918 
Other debtors
10,502 
- 
21,266 
8,558 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
21,974 
4,338 
Taxes and social security
18,534 
35,341 
Other creditors
1,849 
1,881 
Loans from directors
- 
29,013 
Accruals
1,548 
1,548 
43,905 
72,121 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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