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COMPANY REGISTRATION NUMBER: 12184144
Mudfish House Ltd
Filleted Unaudited Financial Statements
30 September 2024
Mudfish House Ltd
Statement of Financial Position
30 September 2024
2024
2023
(restated)
£
£
Fixed assets
1,480,998
1,482,417
------------
------------
Current assets
3,067
1,668
Prepayments and accrued income
1,126
1,100
-------
-------
4,193
2,768
Creditors: amounts falling due within one year
468,367
427,129
------------
------------
Net current liabilities
( 464,174)
( 424,361)
------------
------------
Total assets less current liabilities
1,016,824
1,058,056
Creditors: amounts falling due after more than one year
1,158,387
1,158,387
Accruals and deferred income
840
600
------------
------------
(142,403)
(100,931)
------------
------------
Capital and reserves
( 142,403)
( 100,931)
---------
---------
Notes to the financial statements
1. Directors' advances, credits and guarantees
The directors operate a current loan account with the company, which is debited with payments made by the company on behalf of the directors and credited with funds introduced and undrawn director's fees. At the end of the year, the amount outstanding to the directors was £468,367 (2023: £427,129); this amount being included in creditors: amounts falling within one year. Prior Year Adjustments During the current financial year, the directors identified an error in the accounting treatment of fixed assets in the prior year’s financial statements. Specifically, certain items of property investments that were acquired in the previous year were incorrectly included in the fixed asset register and capitalised. In accordance with FRS 102 Section 10: Accounting Policies, Estimates and Errors, this error has been corrected retrospectively. The comparative figures have been restated, and the opening balances as at 1 October 2023 have been adjusted accordingly. Effect of the Prior Year Adjustment: Fixed assets as at 30 September 2023 have decreased by £54,902.
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 9 June 2025 , and are signed on behalf of the board by:
MR Bailey
MS Wollner
Director
Director
Company registration number: 12184144
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 29a Minet Avenue, London, England, NW10 8AJ, United Kingdom.