MISSISSIPPI CONNECTICUT LTD

Company Registration Number:
11757670 (England and Wales)

Unaudited statutory accounts for the year ended 10 December 2024

Period of accounts

Start date: 1 February 2024

End date: 10 December 2024

MISSISSIPPI CONNECTICUT LTD

Contents of the Financial Statements

for the Period Ended 10 December 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MISSISSIPPI CONNECTICUT LTD

Profit And Loss Account

for the Period Ended 10 December 2024

10 December 2024 31 January 2024


£

£
Turnover: 9,825,372 7,916,455
Cost of sales: ( 4,420,386 ) ( 3,697,460 )
Gross profit(or loss): 5,404,986 4,218,995
Distribution costs: ( 384,690 ) ( 318,519 )
Administrative expenses: ( 955,206 ) ( 824,931 )
Operating profit(or loss): 4,065,090 3,075,545
Profit(or loss) before tax: 4,065,090 3,075,545
Tax: ( 629,510 ) ( 584,354 )
Profit(or loss) for the financial year: 3,435,580 2,491,191

MISSISSIPPI CONNECTICUT LTD

Balance sheet

As at 10 December 2024

Notes 10 December 2024 31 January 2024


£

£
Fixed assets
Tangible assets: 3 3,201,835 2,519,350
Total fixed assets: 3,201,835 2,519,350
Current assets
Stocks: 4 1,942,711 1,427,584
Debtors: 5 2,314,406 764,595
Cash at bank and in hand: 371,946 228,467
Total current assets: 4,629,063 2,420,646
Creditors: amounts falling due within one year: 6 ( 962,140 ) ( 819,655 )
Net current assets (liabilities): 3,666,923 1,600,991
Total assets less current liabilities: 6,868,758 4,120,341
Total net assets (liabilities): 6,868,758 4,120,341
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 6,868,757 4,120,340
Total Shareholders' funds: 6,868,758 4,120,341

The notes form part of these financial statements

MISSISSIPPI CONNECTICUT LTD

Balance sheet statements

For the year ending 10 December 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 29 January 2025
and signed on behalf of the board by:

Name: John Aaron
Status: Director

The notes form part of these financial statements

MISSISSIPPI CONNECTICUT LTD

Notes to the Financial Statements

for the Period Ended 10 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

MISSISSIPPI CONNECTICUT LTD

Notes to the Financial Statements

for the Period Ended 10 December 2024

  • 2. Employees

    10 December 2024 31 January 2024
    Average number of employees during the period 16 10

MISSISSIPPI CONNECTICUT LTD

Notes to the Financial Statements

for the Period Ended 10 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2024 1,804,998 210,807 154,526 93,661 451,832 2,715,824
Additions 431,332 73,220 61,847 37,309 254,329 858,037
Disposals
Revaluations
Transfers
At 10 December 2024 2,236,330 284,027 216,373 130,970 706,161 3,573,861
Depreciation
At 1 February 2024 39,112 30,415 24,458 102,489 196,474
Charge for year 23,930 38,170 21,966 91,486 175,552
On disposals
Other adjustments
At 10 December 2024 63,042 68,585 46,424 193,975 372,026
Net book value
At 10 December 2024 2,236,330 220,985 147,788 84,546 512,186 3,201,835
At 31 January 2024 1,804,998 171,695 124,111 69,203 349,343 2,519,350

MISSISSIPPI CONNECTICUT LTD

Notes to the Financial Statements

for the Period Ended 10 December 2024

4. Stocks

10 December 2024 31 January 2024
£ £
Stocks 1,942,711 1,427,584
Total 1,942,711 1,427,584

MISSISSIPPI CONNECTICUT LTD

Notes to the Financial Statements

for the Period Ended 10 December 2024

5. Debtors

10 December 2024 31 January 2024
£ £
Trade debtors 2,314,406 764,595
Total 2,314,406 764,595

MISSISSIPPI CONNECTICUT LTD

Notes to the Financial Statements

for the Period Ended 10 December 2024

6. Creditors: amounts falling due within one year note

10 December 2024 31 January 2024
£ £
Trade creditors 332,630 235,301
Taxation and social security 629,510 584,354
Total 962,140 819,655