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Company Registration No. 08589207 (England and Wales)
M.I.S Catering Limited Unaudited accounts for the year ended 31 July 2024
M.I.S Catering Limited Unaudited accounts Contents
Page
- 2 -
M.I.S Catering Limited Company Information for the year ended 31 July 2024
Director
Mrs M Sampson
Company Number
08589207 (England and Wales)
Registered Office
Orchard House Clyst St Mary Exeter Devon EX5 1BR
Accountants
The Fresh Accountancy Company Limited Orchard House Clyst St Mary Exeter Devon EX5 1BR
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of M.I.S Catering Limited for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of M.I.S Catering Limited for the year ended 31 July 2024 as set out on pages 5 - 8 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 at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
The Fresh Accountancy Company Limited Chartered Accountants Orchard House Clyst St Mary Exeter Devon EX5 1BR 1 April 2025
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M.I.S Catering Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
52,508 
57,127 
Tangible assets
100,849 
116,170 
153,357 
173,297 
Current assets
Inventories
4,200 
7,600 
Debtors
46,017 
15,114 
Cash at bank and in hand
22,939 
71,630 
73,156 
94,344 
Creditors: amounts falling due within one year
(277,329)
(204,591)
Net current liabilities
(204,173)
(110,247)
Total assets less current liabilities
(50,816)
63,050 
Creditors: amounts falling due after more than one year
(40,353)
(59,408)
Net (liabilities)/assets
(91,169)
3,642 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(91,269)
3,542 
Shareholders' funds
(91,169)
3,642 
For the year ending 31 July 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 her 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 2 April 2025 and were signed on its behalf by
Mrs M Sampson Director Company Registration No. 08589207
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M.I.S Catering Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
M.I.S Catering Limited is a private company, limited by shares, registered in England and Wales, registration number 08589207. The registered office is Orchard House, Clyst St Mary, Exeter, Devon, EX5 1BR.
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.
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
25% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 August 2023
42,376 
25,001 
67,377 
At 31 July 2024
42,376 
25,001 
67,377 
Amortisation
At 1 August 2023
250 
10,000 
10,250 
Charge for the year
2,119 
2,500 
4,619 
At 31 July 2024
2,369 
12,500 
14,869 
Net book value
At 31 July 2024
40,007 
12,501 
52,508 
At 31 July 2023
42,126 
15,001 
57,127 
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M.I.S Catering Limited Notes to the Accounts for the year ended 31 July 2024
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
19,500 
103,126 
2,053 
124,679 
Additions
2,918 
9,196 
- 
12,114 
Disposals
(900)
- 
- 
(900)
At 31 July 2024
21,518 
112,322 
2,053 
135,893 
Depreciation
At 1 August 2023
5,527 
2,182 
800 
8,509 
Charge for the year
3,932 
22,290 
313 
26,535 
At 31 July 2024
9,459 
24,472 
1,113 
35,044 
Net book value
At 31 July 2024
12,059 
87,850 
940 
100,849 
At 31 July 2023
13,973 
100,944 
1,253 
116,170 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,021 
- 
Accrued income and prepayments
12,387 
15,114 
Other debtors
30,609 
- 
46,017 
15,114 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
68,206 
72,168 
Trade creditors
42,782 
62,629 
Taxes and social security
127,786 
35,435 
Other creditors
38,555 
34,029 
Loans from directors
- 
330 
277,329 
204,591 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
40,353 
59,408 
- 7 -
M.I.S Catering Limited Notes to the Accounts for the year ended 31 July 2024
9
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 July 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
21,651 
71,214 
Later than one year and not later than five years
80,000 
81,651 
Later than five years
13,333 
33,333 
114,984 
186,198 
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Overdrawn DLA
(329)
43,246 
25,864 
17,053 
(329)
43,246 
25,864 
17,053 
Interest charged at 2.25%
11
Average number of employees
During the year the average number of employees was 32 (2023: 22).
12
Reconciliations on adoption of FRS 102
- 8 -