M U VENTURES LIMITED

Company Registration Number:
02381821 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

M U VENTURES LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

M U VENTURES LIMITED

Directors' report period ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Principal activities of the company

The principal activities of the company are the supply of contract research services, consultancy and the provision of other products and services to commercial clients.

Political and charitable donations

During the year the company made a gift aid payment of £18,666 (2023: £37,754) to Middlesex University representing the profits chargeable to corporation tax for the year ended 31 July 2023. The company intends to make a £40,214 gift aid payment to Middlesex University within 9 months of the year end representing the profits chargeable to corporation tax for the year ended 31 July 2024



Directors

The directors shown below have held office during the whole of the period from
1 August 2023 to 31 July 2024

Mark Gray
Andrew Corti
Janet Jones


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
27 March 2025

And signed on behalf of the board by:
Name: Janet Jones
Status: Director

M U VENTURES LIMITED

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 324,573 358,964
Cost of sales: ( 286,263 ) ( 327,905 )
Gross profit(or loss): 38,310 31,059
Distribution costs: 0 0
Administrative expenses: ( 12,765 ) ( 18,327 )
Other operating income: 0 0
Operating profit(or loss): 25,545 12,732
Interest receivable and similar income: 15,193 5,477
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 40,738 18,209
Tax: 0 0
Profit(or loss) for the financial year: 40,738 18,209

M U VENTURES LIMITED

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Investments: 3 91,162 91,162
Total fixed assets: 91,162 91,162
Current assets
Debtors: 4 140,094 46,973
Cash at bank and in hand: 496,853 606,735
Total current assets: 636,947 653,708
Creditors: amounts falling due within one year: 5 ( 432,557 ) ( 471,390 )
Net current assets (liabilities): 204,390 182,318
Total assets less current liabilities: 295,552 273,480
Total net assets (liabilities): 295,552 273,480
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 295,452 273,380
Total Shareholders' funds: 295,552 273,480

The notes form part of these financial statements

M U VENTURES LIMITED

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 25 March 2025
and signed on behalf of the board by:

Name: Janet Jones
Status: Director

The notes form part of these financial statements

M U VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Other accounting policies

    Basis of Accounting, Turnover, Taxation, Foreign Currency, Long Term Contracts, Investments, Financial Assets, Financial Liabilities.

M U VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

M U VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Fixed assets investments note

Investments in subsidiary undertakings are stated at cost less provision for impairment in value.

M U VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

2024 2023
£ £
Trade debtors 24,066 30,770
Prepayments and accrued income 104,595 16,203
Other debtors 11,433
Total 140,094 46,973

M U VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 7,704 4,297
Taxation and social security 1,564 14,346
Accruals and deferred income 423,289 411,596
Other creditors 41,151
Total 432,557 471,390