Company Registration No. 10819024 (England and Wales)
Miner49er Ltd
Unaudited accounts
for the year ended 30 June 2024
Miner49er Ltd
Unaudited accounts
Contents
Miner49er Ltd
Company Information
for the year ended 30 June 2024
Director
Cristian-Sorin Boudi
Company Number
10819024 (England and Wales)
Registered Office
Allen House
Suite T2
The Maltings, Station Road
Sawbridgeworth
Hertfordshire
CM21 9JX
England
Accountants
UJS London Ltd
127A High Street
Hornchurch
RM11 1TX
Miner49er Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
5,574
5,614
Cash at bank and in hand
541
112
Creditors: amounts falling due within one year
(8,000)
(12,569)
Net current assets
11,984
13,290
Total assets less current liabilities
17,558
18,904
Creditors: amounts falling due after more than one year
(39,838)
(30,430)
Net liabilities
(22,280)
(11,526)
Called up share capital
100
100
Profit and loss account
(22,380)
(11,626)
Shareholders' funds
(22,280)
(11,526)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 March 2025 and were signed on its behalf by
Cristian-Sorin Boudi
Director
Company Registration No. 10819024
Miner49er Ltd
Notes to the Accounts
for the year ended 30 June 2024
Miner49er Ltd is a private company, limited by shares, registered in England and Wales, registration number 10819024. The registered office is Allen House, Suite T2, The Maltings, Station Road, Sawbridgeworth, Hertfordshire, CM21 9JX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
9,781
982
15,707
26,470
At 30 June 2024
9,781
982
19,864
30,627
At 1 July 2023
7,788
723
12,345
20,856
Charge for the year
1,402
114
2,681
4,197
At 30 June 2024
9,190
837
15,026
25,053
At 30 June 2024
591
145
4,838
5,574
At 30 June 2023
1,993
259
3,362
5,614
Miner49er Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,667
11,667
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
39,838
30,430
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).