IRIS Accounts Production v24.2.0.383 08901643 Board of Directors Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089016432023-05-31089016432024-05-31089016432023-06-012024-05-31089016432022-07-31089016432022-08-012023-05-31089016432023-05-3108901643ns15:EnglandWales2023-06-012024-05-3108901643ns14:PoundSterling2023-06-012024-05-3108901643ns10:Director12023-06-012024-05-3108901643ns10:Director22023-06-012024-05-3108901643ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3108901643ns10:SmallEntities2023-06-012024-05-3108901643ns10:AuditExemptWithAccountantsReport2023-06-012024-05-3108901643ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3108901643ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3108901643ns10:FullAccounts2023-06-012024-05-3108901643ns10:RegisteredOffice2023-06-012024-05-3108901643ns5:CurrentFinancialInstruments2024-05-3108901643ns5:CurrentFinancialInstruments2023-05-3108901643ns5:Non-currentFinancialInstruments2024-05-3108901643ns5:Non-currentFinancialInstruments2023-05-3108901643ns5:ShareCapital2024-05-3108901643ns5:ShareCapital2023-05-3108901643ns5:RetainedEarningsAccumulatedLosses2024-05-3108901643ns5:RetainedEarningsAccumulatedLosses2023-05-3108901643ns5:NetGoodwill2023-06-012024-05-3108901643ns5:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3108901643ns5:LandBuildings2023-06-012024-05-3108901643ns5:PlantMachinery2023-06-012024-05-3108901643ns5:LandBuildings2023-05-3108901643ns5:PlantMachinery2023-05-3108901643ns5:LandBuildings2024-05-3108901643ns5:PlantMachinery2024-05-3108901643ns5:LandBuildings2023-05-3108901643ns5:PlantMachinery2023-05-3108901643ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3108901643ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-3108901643ns5:RetainedEarningsAccumulatedLosses2023-05-3108901643ns5:RetainedEarningsAccumulatedLosses2023-06-012024-05-31
REGISTERED NUMBER: 08901643 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

MY NEIGHBOURS THE DUMPLINGS LIMITED

MY NEIGHBOURS THE DUMPLINGS LIMITED (REGISTERED NUMBER: 08901643)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

MY NEIGHBOURS THE DUMPLINGS LIMITED

COMPANY INFORMATION
for the Year Ended 31 May 2024







DIRECTORS: K Leontiou
Miss R C Wharton





REGISTERED OFFICE: The Old Creamery
North Barrow
Yeovil
Somerset
BA22 7LZ





REGISTERED NUMBER: 08901643 (England and Wales)





ACCOUNTANTS: Joel Richmond
Chartered Certified Accountants
The Old Creamery
North Barrow
Yeovil
Somerset
BA22 7LZ

MY NEIGHBOURS THE DUMPLINGS LIMITED (REGISTERED NUMBER: 08901643)

BALANCE SHEET
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,578 51,077

CURRENT ASSETS
Stocks 42,000 7,000
Debtors 5 856,080 234,980
Cash at bank 200,037 30,272
1,098,117 272,252
CREDITORS
Amounts falling due within one year 6 1,199,408 218,714
NET CURRENT (LIABILITIES)/ASSETS (101,291 ) 53,538
TOTAL ASSETS LESS CURRENT LIABILITIES (49,713 ) 104,615

CREDITORS
Amounts falling due after more than one year 7 10,109 20,099
NET (LIABILITIES)/ASSETS (59,822 ) 84,516

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 8 (59,824 ) 84,514
SHAREHOLDERS' FUNDS (59,822 ) 84,516

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

MY NEIGHBOURS THE DUMPLINGS LIMITED (REGISTERED NUMBER: 08901643)

BALANCE SHEET - continued
31 May 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2024 and were signed on its behalf by:




K Leontiou - Director



Miss R C Wharton - Director


MY NEIGHBOURS THE DUMPLINGS LIMITED (REGISTERED NUMBER: 08901643)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

My neighbours the dumplings limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property
Plant and machinery etc - 25% on reducing balance, in accordance with the property and at varying rates on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


MY NEIGHBOURS THE DUMPLINGS LIMITED (REGISTERED NUMBER: 08901643)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2023 5,577 108,219 113,796
Additions - 9,673 9,673
At 31 May 2024 5,577 117,892 123,469
DEPRECIATION
At 1 June 2023 2,091 60,628 62,719
Charge for year 279 8,893 9,172
At 31 May 2024 2,370 69,521 71,891
NET BOOK VALUE
At 31 May 2024 3,207 48,371 51,578
At 31 May 2023 3,486 47,591 51,077

MY NEIGHBOURS THE DUMPLINGS LIMITED (REGISTERED NUMBER: 08901643)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,848 -
Amounts owed by group undertakings 838,432 227,180
Other debtors 7,800 7,800
856,080 234,980

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,648 10,648
Trade creditors 25,625 14,193
Taxation and social security 69,115 33,169
Other creditors 1,094,020 160,704
1,199,408 218,714

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 10,109 20,099

8. RESERVES
Retained
earnings
£   

At 1 June 2023 84,514
Deficit for the year (144,338 )
At 31 May 2024 (59,824 )

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MY NEIGHBOURS THE DUMPLINGS LIMITED

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 and certain other primary statements and the Report of the Directors are 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 My neighbours the dumplings limited for the year ended 31 May 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 My neighbours the dumplings limited, 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 My neighbours the dumplings limited and state those matters that we have agreed to state to the Board of Directors of My neighbours the dumplings limited, 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 My neighbours the dumplings limited 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 loss of My neighbours the dumplings limited. You consider that My neighbours the dumplings limited 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 My neighbours the dumplings limited. 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.






Joel Richmond
Chartered Certified Accountants
The Old Creamery
North Barrow
Yeovil
Somerset
BA22 7LZ


22 December 2024