MUNIN LIMITED

Company Registration Number:
08839071 (England and Wales)

Unaudited statutory accounts for the year ended 5 April 2024

Period of accounts

Start date: 6 April 2023

End date: 5 April 2024

MUNIN LIMITED

Contents of the Financial Statements

for the Period Ended 5 April 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MUNIN LIMITED

Directors' report period ended 5 April 2024

The directors present their report with the financial statements of the company for the period ended 5 April 2024

Principal activities of the company

The principal activity of the company continued to be that of management consultancy.



Directors

The directors shown below have held office during the whole of the period from
6 April 2023 to 5 April 2024

Ramsey Craine
Reshma Craine


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
1 January 2025

And signed on behalf of the board by:
Name: Ramsey Craine
Status: Director

MUNIN LIMITED

Profit And Loss Account

for the Period Ended 5 April 2024

2024 2023


£

£
Turnover: 72,000 77,998
Gross profit(or loss): 72,000 77,998
Administrative expenses: ( 57,540 ) ( 59,171 )
Operating profit(or loss): 14,460 18,827
Profit(or loss) before tax: 14,460 18,827
Tax: ( 2,609 ) ( 3,768 )
Profit(or loss) for the financial year: 11,851 15,059

MUNIN LIMITED

Balance sheet

As at 5 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 3,131 2,512
Total fixed assets: 3,131 2,512
Current assets
Cash at bank and in hand: 17,796 14,719
Total current assets: 17,796 14,719
Net current assets (liabilities): 17,796 14,719
Total assets less current liabilities: 20,927 17,231
Creditors: amounts falling due after more than one year: 4 ( 4,920 ) ( 5,391 )
Total net assets (liabilities): 16,007 11,840
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 15,907 11,740
Total Shareholders' funds: 16,007 11,840

The notes form part of these financial statements

MUNIN LIMITED

Balance sheet statements

For the year ending 5 April 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 12 September 2024
and signed on behalf of the board by:

Name: Ramsey Craine
Status: Director

The notes form part of these financial statements

MUNIN LIMITED

Notes to the Financial Statements

for the Period Ended 5 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is recognised atthe fair value of the consideration received orreceivable for goods andservices provided inthe normal course ofbusiness, andis shown net ofVAT and other sales related taxes. The fair value ofconsideration takes into account trade discounts, settlement discounts and volume rebates. When cash inflows are deferred and represent afinancing arrangement, the fair value ofthe consideration is the present value ofthe future receipts. The difference between the fair value ofthe considerationand the nominal amount received isrecognised asinterest income. Revenue from the sale ofgoods is recognised when the significant risks and rewards ofownership ofthe goods have passed tothe buyer( usually ondispatch ofthe goods), the amount ofrevenue canbe measured reliably, itisprobable that the economic benefits associated with the transaction will flow totheentity and the costs incurred ortobeincurred inrespect ofthe transaction can bemeasured reliably. Revenue from contracts for the provision ofprofessional services isrecognised byreference tothe stage of completion when the stage of completion, costs incurred and costs tocomplete can beestimated reliably. The stage ofcompletion iscalculated bycomparing costs incurred, mainly inrelation tocontractual hourly staff rates and materials, asaproportion of total costs. Where the outcome cannot beestimated reliably, revenue isrecognised only tothe extent ofthe expenses recognised that itisprobable will berecovered.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation isrecognised soastowrite off the cost orvaluation ofassets less their residual values over their useful lives onthe following bases: Fixtures and fittings20% Straight Line Computers33% Reducing Balance The gain orloss arising onthe disposal ofanasset isdetermined asthe difference between the sale proceeds and the carrying value ofthe asset, and iscredited orcharged toprofit orloss.

MUNIN LIMITED

Notes to the Financial Statements

for the Period Ended 5 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

MUNIN LIMITED

Notes to the Financial Statements

for the Period Ended 5 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 6 April 2023 962 10,856 11,818
Additions 1,448 1,448
Disposals
Revaluations
Transfers
At 5 April 2024 962 12,304 13,266
Depreciation
At 6 April 2023 962 8,344 9,306
Charge for year 829 829
On disposals
Other adjustments
At 5 April 2024 962 9,173 10,135
Net book value
At 5 April 2024 0 3,131 3,131
At 5 April 2023 0 2,512 2,512

MUNIN LIMITED

Notes to the Financial Statements

for the Period Ended 5 April 2024

4. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 4,920 5,391
Total 4,920 5,391