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Mindspire Limited
Registered Number:11649630
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2024
Mindspire Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
11649630
As at 31 October 2024
Mindspire Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
21,051
16,838
2
21,051
16,838
Current assets
Trade and other receivables
33,963
-
3
-
Cash and cash equivalents
13,800
13,800
33,963
Trade and other payables: amounts falling due within one
year
(106,522)
(11,211)
4
(72,559)
2,589
Net current assets
Total assets less current liabilities
23,640
(55,721)
Trade and other payables: amounts falling due after more
than one year
-
(100,525)
5
(76,885)
Net liabilities
(55,721)
Capital and reserves
Called up share capital
441
441
Share premium account
7,520
7,520
Retained earnings
(84,846)
(63,682)
(76,885)
(55,721)
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Dr Amir Konigsberg Director
These financial statements were approved and authorised for issue by the Board on 05 February 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 October 2024
Mindspire Limited
Notes to the Financial Statements
Statutory Information
Mindspire Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 11649630.
Registered address:
Napier House
14-16 Mount Ephraim Road
Tunbridge Wells
TN1 1EE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Intangible fixed assets
Research &
Development
Cost or valuation
£
At 01 November 2023
16,838
Additions
4,213
At 31 October 2024
21,051
3. Trade and other receivables
2023
2024
£
£
Trade debtors
-
32,137
Taxation and social security
-
1,826
33,963
-
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5
For the year ended 31 October 2024
Mindspire Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
-
3,726
Taxation and social security
10,241
1,406
Accruals and deferred income
600
600
Directors' loan accounts
-
100,425
Other creditors
370
365
11,211
106,522
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
-
100,525
Directors' loan accounts
The directors loans are long term loans to the company and are not repayable in the near future.
6. Related party transactions
As at the year end, the company owed the directors £100,525 (2023: £100,425). This loan is not repayable in the
near future.
7. Average number of persons employed
During the year the average number of employees was 4 (2023 : 2)
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