1 1 Ms Accounting Limited 09652422 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is medical services Digita Accounts Production Advanced 6.30.9574.0 true 09652422 2023-07-01 2024-06-30 09652422 2024-06-30 09652422 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 09652422 core:FurnitureFittingsToolsEquipment 2024-06-30 09652422 core:OtherPropertyPlantEquipment 2024-06-30 09652422 bus:SmallEntities 2023-07-01 2024-06-30 09652422 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 09652422 bus:FilletedAccounts 2023-07-01 2024-06-30 09652422 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09652422 bus:RegisteredOffice 2023-07-01 2024-06-30 09652422 bus:CompanySecretaryDirector1 2023-07-01 2024-06-30 09652422 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09652422 bus:Agent1 2023-07-01 2024-06-30 09652422 core:FurnitureFittings 2023-07-01 2024-06-30 09652422 core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 09652422 core:OtherPropertyPlantEquipment 2023-07-01 2024-06-30 09652422 core:PlantMachinery 2023-07-01 2024-06-30 09652422 countries:England 2023-07-01 2024-06-30 09652422 2023-06-30 09652422 core:FurnitureFittingsToolsEquipment 2023-06-30 09652422 core:OtherPropertyPlantEquipment 2023-06-30 09652422 2022-07-01 2023-06-30 09652422 2023-06-30 09652422 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 09652422 core:FurnitureFittingsToolsEquipment 2023-06-30 09652422 core:OtherPropertyPlantEquipment 2023-06-30 xbrli:pure iso4217:GBP

Registration number: 09652422

Ms Accounting Limited

trading as Ms Accounting Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 June 2024

 

Ms Accounting Limited

trading as Ms Accounting Limited

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

Ms Accounting Limited

trading as Ms Accounting Limited

Company Information

Director

Dr Meena Shanmuganathan

Company secretary

Dr Meena Shanmuganathan

Registered office

Charles Rippin & Turner
Middlesex House
130 College Road
Harrow
Middlesex
HA1 1BQ

Accountants

Charles Rippin & Turner Middlesex House
130 College Road
Harrow
Middlesex
HA1 1BQ

 

Ms Accounting Limited

trading as Ms Accounting Limited

(Registration number: 09652422)
Abridged Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

194,317

208,352

Current assets

 

Cash at bank and in hand

 

229,485

230,820

Creditors: Amounts falling due within one year

(129,689)

(140,691)

Net current assets

 

99,796

90,129

Total assets less current liabilities

 

294,113

298,481

Accruals and deferred income

 

(4,143)

(4,022)

Net assets

 

289,970

294,459

Capital and reserves

 

Called up share capital

10

10

Retained earnings

289,960

294,449

Shareholders' funds

 

289,970

294,459

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 March 2025
 

.........................................
Dr Meena Shanmuganathan
Company secretary and director

 

Ms Accounting Limited

trading as Ms Accounting Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Charles Rippin & Turner
Middlesex House
130 College Road
Harrow
Middlesex
HA1 1BQ

These financial statements were authorised for issue by the director on 21 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

 

Ms Accounting Limited

trading as Ms Accounting Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% Reducing balance

Fixtures and fittings

20% Reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Ms Accounting Limited

trading as Ms Accounting Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2024

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 July 2023

82,470

144,068

226,538

Disposals

-

(11,500)

(11,500)

At 30 June 2024

82,470

132,568

215,038

Depreciation

At 1 July 2023

6,664

11,522

18,186

Charge for the year

5,083

8,952

14,035

Eliminated on disposal

-

(11,500)

(11,500)

At 30 June 2024

11,747

8,974

20,721

Carrying amount

At 30 June 2024

70,723

123,594

194,317

At 30 June 2023

75,806

132,546

208,352

5

Debtors

Debtors includes £Nil (2023 - £Nil) due after more than one year.