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REGISTERED NUMBER: 11598515 (England and Wales)

















Unaudited Financial Statements

for the Period

1 November 2022 to 31 March 2024

for

Mutiny Shaving Ltd

Mutiny Shaving Ltd (Registered number: 11598515)






Contents of the Financial Statements
for the Period 1 November 2022 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mutiny Shaving Ltd

Company Information
for the Period 1 November 2022 to 31 March 2024







DIRECTOR: G J Sturgess



REGISTERED OFFICE: 289 Christchurch Road
Newport
NP19 8BG



REGISTERED NUMBER: 11598515 (England and Wales)



ACCOUNTANTS: Guilfoyle Sage LLP
21 Gold Tops
Newport
South Wales
NP20 4PG



BANKERS: Starling Bank Ltd

Mutiny Shaving Ltd (Registered number: 11598515)

Balance Sheet
31 March 2024

31.3.24 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 390

CURRENT ASSETS
Stocks 150 250
Cash at bank 1,282 1,533
1,432 1,783
CREDITORS
Amounts falling due within one year 5 15,027 17,284
NET CURRENT LIABILITIES (13,595 ) (15,501 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(13,595

)

(15,111

)

CAPITAL AND RESERVES
Called up share capital 100 2
Retained earnings (13,695 ) (15,113 )
SHAREHOLDERS' FUNDS (13,595 ) (15,111 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Mutiny Shaving Ltd (Registered number: 11598515)

Balance Sheet - continued
31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 February 2025 and were signed by:





G J Sturgess - Director


Mutiny Shaving Ltd (Registered number: 11598515)

Notes to the Financial Statements
for the Period 1 November 2022 to 31 March 2024

1. STATUTORY INFORMATION

Mutiny Shaving Ltd 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.

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


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on the going concern basis as the directors believe that the company will be able to obtain sufficient funding to secure the continued financing of its activities for the foreseeable future.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% 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 period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 period 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.

Mutiny Shaving Ltd (Registered number: 11598515)

Notes to the Financial Statements - continued
for the Period 1 November 2022 to 31 March 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 31 March 2024 2,083
DEPRECIATION
At 1 November 2022 1,693
Charge for period 390
At 31 March 2024 2,083
NET BOOK VALUE
At 31 March 2024 -
At 31 October 2022 390

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.10.22
£    £   
Taxation and social security - 2,957
Other creditors 15,027 14,327
15,027 17,284