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Company Registration No. 08733626 (England and Wales)
Mick Vartan Interiors Ltd Unaudited accounts for the year ended 31 October 2024
Mick Vartan Interiors Ltd Unaudited accounts Contents
Page
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Mick Vartan Interiors Ltd Company Information for the year ended 31 October 2024
Directors
Mrs Anisoara Vartan Mr Mihai Vasile Vartan
Company Number
08733626 (England and Wales)
Registered Office
15 St Francis Avenue Northampton Northamptonshire NN5 7EP United Kingdom
Accountants
Robins & Co 35 St Leonards Road Northampton NN4 8DL
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Mick Vartan Interiors Ltd for the year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mick Vartan Interiors Ltd for the year ended 31 October 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Mick Vartan Interiors Ltd, as a body, in accordance with the terms of our engagement letter dated 4 April 2024. Our work has been undertaken solely to prepare for your approval the accounts of Mick Vartan Interiors Ltd and state those matters that we have agreed to state to the Board of Directors of Mick Vartan Interiors Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mick Vartan Interiors Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Mick Vartan Interiors Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Mick Vartan Interiors Ltd. You consider that Mick Vartan Interiors Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Mick Vartan Interiors Ltd. 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 accounts.
Robins & Co Chartered Certified Accountants 35 St Leonards Road Northampton NN4 8DL 17 February 2025
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Mick Vartan Interiors Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,938 
47,712 
Current assets
Debtors
34,656 
15,476 
Cash at bank and in hand
12,587 
11,884 
47,243 
27,360 
Creditors: amounts falling due within one year
(16,982)
(22,586)
Net current assets
30,261 
4,774 
Total assets less current liabilities
39,199 
52,486 
Creditors: amounts falling due after more than one year
(3,102)
(27,790)
Provisions for liabilities
Deferred tax
(1,698)
(9,067)
Net assets
34,399 
15,629 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
34,299 
15,529 
Shareholders' funds
34,399 
15,629 
For the year ending 31 October 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 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 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 of Directors and authorised for issue on 7 May 2025 and were signed on its behalf by
Mr Mihai Vasile Vartan Director Company Registration No. 08733626
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Mick Vartan Interiors Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Mick Vartan Interiors Ltd is a private company, limited by shares, registered in England and Wales, registration number 08733626. The registered office is 15 St Francis Avenue, Northampton, Northamptonshire, NN5 7EP, United Kingdom.
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% on Reducing Balance
Motor vehicles
25% on Reducing Balance
Computer equipment
33.33% on Cost
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Mick Vartan Interiors Ltd Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2023
1,269 
91,936 
2,918 
96,123 
Additions
1,362 
- 
- 
1,362 
Disposals
- 
(74,470)
- 
(74,470)
At 31 October 2024
2,631 
17,466 
2,918 
23,015 
Depreciation
At 1 November 2023
728 
44,773 
2,910 
48,411 
Charge for the year
334 
2,456 
8 
2,798 
On disposals
- 
(37,132)
- 
(37,132)
At 31 October 2024
1,062 
10,097 
2,918 
14,077 
Net book value
At 31 October 2024
1,569 
7,369 
- 
8,938 
At 31 October 2023
541 
47,163 
8 
47,712 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,612 
1,361 
Trade debtors
31,755 
3,250 
Accrued income and prepayments
289 
10,865 
34,656 
15,476 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
4,495 
12,495 
Trade creditors
- 
306 
Taxes and social security
5,269 
6,563 
Loans from directors
7,218 
3,222 
16,982 
22,586 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
3,102 
27,790 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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