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Company Registration No. 10819024 (England and Wales)
Miner49er Ltd Unaudited accounts for the year ended 30 June 2024
Miner49er Ltd Unaudited accounts Contents
Page
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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
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Miner49er Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,574 
5,614 
Current assets
Inventories
18,596 
23,245 
Debtors
847 
2,502 
Cash at bank and in hand
541 
112 
19,984 
25,859 
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)
Capital and reserves
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
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Miner49er Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 
Additions
- 
- 
4,157 
4,157 
At 30 June 2024
9,781 
982 
19,864 
30,627 
Depreciation
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 
Net book value
At 30 June 2024
591 
145 
4,838 
5,574 
At 30 June 2023
1,993 
259 
3,362 
5,614 
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Miner49er Ltd Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
847 
2,002 
Trade debtors
- 
500 
847 
2,502 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,667 
11,667 
Trade creditors
- 
585 
Accruals
333 
317 
8,000 
12,569 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
39,838 
30,430 
8
Share capital
2024 
2023 
£ 
£ 
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).
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