Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-31false2023-08-15false1No description of principal activityfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC779077 2023-08-14 SC779077 2023-08-15 2024-08-31 SC779077 2022-09-01 2023-08-14 SC779077 2024-08-31 SC779077 c:Director1 2023-08-15 2024-08-31 SC779077 c:RegisteredOffice 2023-08-15 2024-08-31 SC779077 d:OfficeEquipment 2023-08-15 2024-08-31 SC779077 d:OfficeEquipment 2024-08-31 SC779077 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-08-15 2024-08-31 SC779077 d:CurrentFinancialInstruments 2024-08-31 SC779077 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 SC779077 d:ShareCapital 2024-08-31 SC779077 d:RetainedEarningsAccumulatedLosses 2024-08-31 SC779077 c:OrdinaryShareClass1 2023-08-15 2024-08-31 SC779077 c:OrdinaryShareClass1 2024-08-31 SC779077 c:FRS102 2023-08-15 2024-08-31 SC779077 c:AuditExempt-NoAccountantsReport 2023-08-15 2024-08-31 SC779077 c:FullAccounts 2023-08-15 2024-08-31 SC779077 c:PrivateLimitedCompanyLtd 2023-08-15 2024-08-31 SC779077 e:PoundSterling 2023-08-15 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC779077










MIMIR TRAINING SOLUTIONS LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

 
MIMIR TRAINING SOLUTIONS LIMITED
 

COMPANY INFORMATION


Director
Mr A Devine 




Registered number
SC779077



Registered office
34 Teviotdale Avenue

Dundee

DD3 9AY




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
MIMIR TRAINING SOLUTIONS LIMITED
REGISTERED NUMBER: SC779077

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024

2024
£

Fixed assets
  

Tangible assets
 4 
1,832

  
1,832

Current assets
  

Cash at bank and in hand
  
41,229

  
41,229

Creditors: amounts falling due within one year
 5 
(25,538)

Net current assets
  
 
 
15,691

Total assets less current liabilities
  
17,523

  

Net assets
  
17,523


Capital and reserves
  

Called up share capital 
 6 
100

Profit and loss account
  
17,423

  
17,523


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 April 2025.




Mr A Devine
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
MIMIR TRAINING SOLUTIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

1.


General information

Mimir Training Solutions Limited is a private company, limited by shares, incorporated in Scotland with registration number SC779077. The registered office and principle place of business is 34 Teviotdale Avenue, Dundee, DD3 9AY.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.


Page 2

 
MIMIR TRAINING SOLUTIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25% Straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the period was 1.

Page 3

 
MIMIR TRAINING SOLUTIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


Additions
2,443



At 31 August 2024

2,443



Depreciation


Charge for the period on owned assets
611



At 31 August 2024

611



Net book value



At 31 August 2024
1,832


5.


Creditors: Amounts falling due within one year

2024
£

Other taxation and social security
9,255

Other creditors
14,398

Accruals and deferred income
1,885

25,538



6.


Share capital

2024
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100


The company was incorporated on 15 August 2023 with 100 Ordinary £1 shares issued at par value.


Page 4