IRIS Accounts Production v24.3.0.553 SC443453 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4434532023-02-28SC4434532024-02-29SC4434532023-03-012024-02-29SC4434532022-02-28SC4434532022-03-012023-02-28SC4434532023-02-28SC443453ns15:Scotland2023-03-012024-02-29SC443453ns14:PoundSterling2023-03-012024-02-29SC443453ns10:Director12023-03-012024-02-29SC443453ns10:PrivateLimitedCompanyLtd2023-03-012024-02-29SC443453ns10:Micro-entities2023-03-012024-02-29SC443453ns10:AuditExemptWithAccountantsReport2023-03-012024-02-29SC443453ns10:FullAccounts2023-03-012024-02-29SC44345312023-03-012024-02-29SC443453ns5:CurrentFinancialInstruments2024-02-29SC443453ns5:CurrentFinancialInstruments2023-02-28SC443453ns5:Non-currentFinancialInstruments2024-02-29SC443453ns5:Non-currentFinancialInstruments2023-02-28SC443453ns10:RegisteredOffice2023-03-012024-02-29
REGISTERED NUMBER: SC443453 (Scotland)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Muddy Pearl Ltd

Muddy Pearl Ltd (Registered number: SC443453)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Balance Sheet 1

Chartered Certified Accountants' Report 3

Muddy Pearl Ltd (Registered number: SC443453)

Balance Sheet
29 February 2024

2024 2023
£    £    £    £   
FIXED ASSETS 108 144

CURRENT ASSETS 206,495 177,034

CREDITORS
Amounts falling due within one year (337,251 ) (327,335 )
NET CURRENT LIABILITIES (130,756 ) (150,301 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(130,648

)

(150,157

)

CREDITORS
Amounts falling due after more than one
year

63,515

69,276
NET LIABILITIES (194,163 ) (219,433 )

CAPITAL AND RESERVES (194,163 ) (219,433 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Muddy Pearl Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC443453

Registered office: Central Hall
2 West Tollcross
Edinburgh
EH3 9BP

The presentation currency of the financial statements is the Pound Sterling (£).


2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2023 - 2 ) .

3. GOING CONCERN

At the balance sheet date the company was in a net current liability and net liability position. The directors have confirmed they will continue to support the company for a period of more than 12 months from the date of signing this report and will not withdraw funds to the detriment of other creditors. The Going Concern basis is therefore considered appropriate and these accounts have been prepared on that basis.



Muddy Pearl Ltd (Registered number: SC443453)

Balance Sheet - continued
29 February 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by:





Mrs S Heald - Director


Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Muddy Pearl Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Muddy Pearl Ltd for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Muddy Pearl Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Muddy Pearl Ltd and state those matters that we have agreed to state to the Board of Directors of Muddy Pearl Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Muddy Pearl Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Muddy Pearl Ltd. You consider that Muddy Pearl Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Muddy Pearl Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Innes & Partners Limited
Chartered Certified Accountants
9 Ardross Street
Inverness
IV3 5NN


29 November 2024