Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302023-06-05truetrue2No description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14916241 2023-06-04 14916241 2023-06-05 2024-06-30 14916241 2022-06-05 2023-06-04 14916241 2024-06-30 14916241 c:Director1 2023-06-05 2024-06-30 14916241 c:Director1 2024-06-30 14916241 c:Director2 2023-06-05 2024-06-30 14916241 c:Director2 2024-06-30 14916241 c:RegisteredOffice 2023-06-05 2024-06-30 14916241 d:ComputerEquipment 2023-06-05 2024-06-30 14916241 d:ComputerEquipment 2024-06-30 14916241 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-06-05 2024-06-30 14916241 d:CurrentFinancialInstruments 2024-06-30 14916241 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 14916241 d:ShareCapital 2024-06-30 14916241 d:RetainedEarningsAccumulatedLosses 2024-06-30 14916241 c:FRS102 2023-06-05 2024-06-30 14916241 c:AuditExempt-NoAccountantsReport 2023-06-05 2024-06-30 14916241 c:FullAccounts 2023-06-05 2024-06-30 14916241 c:PrivateLimitedCompanyLtd 2023-06-05 2024-06-30 14916241 e:PoundSterling 2023-06-05 2024-06-30 iso4217:GBP xbrli:pure
Company registration number: 14916241







UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
30 JUNE 2024


MNIFST LTD






































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MNIFST LTD
 


 
COMPANY INFORMATION


Directors
M Orral (appointed 5 June 2023)
R E Toth (appointed 5 April 2024)




Registered number
14916241



Registered office
15 Hitchin Road

Stotfold

SG5 4HP





 


MNIFST LTD
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


MNIFST LTD
REGISTERED NUMBER:14916241



STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
4,965

  
4,965

Current assets
  

Debtors: amounts falling due within one year
 5 
11,271

Cash at bank and in hand
  
61,377

  
72,648

Creditors: amounts falling due within one year
 6 
(67,097)

Net current assets
  
 
 
5,551

Total assets less current liabilities
  
10,516

  

Net assets
  
10,516


Capital and reserves
  

Called up share capital 
  
10

Profit and loss account
  
10,506

  
10,516


Page 1

 


MNIFST LTD
REGISTERED NUMBER:14916241


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
M Orral
Director

Date: 14 February 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


MNIFST LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

MNIFST 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.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 


MNIFST LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Page 4

 


MNIFST LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

3.


Employees




The average monthly number of employees, including the directors, during the period was as follows:


        2024
            No.






Employees
2


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


Additions
5,963



At 30 June 2024

5,963



Depreciation


Charge for the period on owned assets
998



At 30 June 2024

998



Net book value



At 30 June 2024
4,965


5.


Debtors

2024
£


Trade debtors
11,271

11,271


Page 5

 


MNIFST LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

6.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
228

Corporation tax
25,529

Other taxation and social security
4,437

Other creditors
36,028

Accruals and deferred income
875

67,097



7.


Related party transactions

At the balance sheet date the company owed £36,028 to the directors. The balance can be found within creditors due within one year. No interest is being charged on this loan.

 
Page 6