REGISTERED NUMBER: |
Miai Brand Partnerships Limited |
Unaudited Financial Statements |
for the Period 1 November 2023 to 30 June 2024 |
REGISTERED NUMBER: |
Miai Brand Partnerships Limited |
Unaudited Financial Statements |
for the Period 1 November 2023 to 30 June 2024 |
Miai Brand Partnerships Limited (Registered number: 07804278) |
Contents of the Financial Statements |
for the Period 1 November 2023 to 30 June 2024 |
Page |
Company Information | 1 |
Chartered Accountants' Report | 2 |
Balance Sheet | 3 | to | 4 |
Notes to the Financial Statements | 5 | to | 6 |
Miai Brand Partnerships Limited |
Company Information |
for the Period 1 November 2023 to 30 June 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chandos House |
School Lane |
Buckingham |
Buckinghamshire |
MK18 1HD |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Miai Brand Partnerships Limited |
The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Miai Brand Partnerships Limited for the period ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of Miai Brand Partnerships Limited, as a body, in accordance with the terms of our engagement letter dated 1 August 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Miai Brand Partnerships Limited and state those matters that we have agreed to state to the Board of Directors of Miai Brand Partnerships Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Miai Brand Partnerships Limited and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Miai Brand Partnerships Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Miai Brand Partnerships Limited. You consider that Miai Brand Partnerships Limited is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Miai Brand Partnerships Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chandos House |
School Lane |
Buckingham |
Buckinghamshire |
MK18 1HD |
Date: ............................................. |
Miai Brand Partnerships Limited (Registered number: 07804278) |
Balance Sheet |
30 June 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Investments | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
Miai Brand Partnerships Limited (Registered number: 07804278) |
Balance Sheet - continued |
30 June 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
Miai Brand Partnerships Limited (Registered number: 07804278) |
Notes to the Financial Statements |
for the Period 1 November 2023 to 30 June 2024 |
1. | STATUTORY INFORMATION |
Miai Brand Partnerships Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Motor | Computer |
fittings | vehicles | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 November 2023 |
Additions |
At 30 June 2024 |
DEPRECIATION |
At 1 November 2023 |
Charge for period |
At 30 June 2024 |
NET BOOK VALUE |
At 30 June 2024 |
At 31 October 2023 |
Miai Brand Partnerships Limited (Registered number: 07804278) |
Notes to the Financial Statements - continued |
for the Period 1 November 2023 to 30 June 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
6. | CURRENT ASSET INVESTMENTS |
2024 | 2023 |
£ | £ |
Listed investments | 54,000 | 54,000 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Hire purchase contracts |
Trade creditors |
Taxation and social security |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Hire purchase contracts |
9. | RELATED PARTY DISCLOSURES |
Included in other creditors is an amount due of £541.48 between both directors (2023: £67.88). This loan is unsecured, interest free and repayable on demand. |
10. | ULTIMATE CONTROLLING PARTY |
The company is controlled by Mrs Claudine Harris and Mr Temitope Akindoyin. both directors who each own 50% of share capital. |