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REGISTERED NUMBER: 07932416 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Mega Pink Horse Ltd

Mega Pink Horse Ltd (Registered number: 07932416)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Mega Pink Horse Ltd (Registered number: 07932416)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 20,495 40,473
Investments 5 99,114 99,114
119,609 139,587

CURRENT ASSETS
Debtors 6 544,096 573,813
Cash at bank 16,027 23,295
560,123 597,108
CREDITORS
Amounts falling due within one year 7 (163,469 ) (201,470 )
NET CURRENT ASSETS 396,654 395,638
TOTAL ASSETS LESS CURRENT LIABILITIES 516,263 535,225

CREDITORS
Amounts falling due after more than one
year

8

(10,038

)

(20,148

)

PROVISIONS FOR LIABILITIES (3,894 ) -
NET ASSETS 502,331 515,077

CAPITAL AND RESERVES
Called up share capital 140 140
Share premium 199,960 199,960
Retained earnings 302,231 314,977
502,331 515,077

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.

Mega Pink Horse Ltd (Registered number: 07932416)

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 26 February 2025 and were signed on its behalf by:





Mr E J Stobart - Director


Mega Pink Horse Ltd (Registered number: 07932416)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Mega Pink Horse Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07932416

Registered office: Griffin House, Lyncastle Way
Barley Castle Trading Estate
Appleton
Warrington
Cheshire
WA4 4ST

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, net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings and equipment - 33% on cost
Motor vehicles - 25% on reducing balance

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.

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 year was 4 (2023 - 4 ) .

Mega Pink Horse Ltd (Registered number: 07932416)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
and Motor
equipment vehicles Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 55,675 29,290 84,965
DEPRECIATION
At 1 June 2023 21,718 22,774 44,492
Charge for year 18,349 1,629 19,978
At 31 May 2024 40,067 24,403 64,470
NET BOOK VALUE
At 31 May 2024 15,608 4,887 20,495
At 31 May 2023 33,957 6,516 40,473

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1 June 2023
and 31 May 2024 99,114
NET BOOK VALUE
At 31 May 2024 99,114
At 31 May 2023 99,114

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 4,620 29,391
Other debtors 539,476 544,422
544,096 573,813

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 10,110 10,180
Trade creditors 44,292 127,549
Taxation and social security 53,256 60,157
Other creditors 55,811 3,584
163,469 201,470

Mega Pink Horse Ltd (Registered number: 07932416)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans 10,038 20,148