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REGISTERED NUMBER: 07803074 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Mucky Nutz Ltd

Mucky Nutz Ltd (Registered number: 07803074)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Mucky Nutz Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTOR: S Darwin





REGISTERED OFFICE: Belle Vue Lane
Bude
Cornwall
EX23 8BR





REGISTERED NUMBER: 07803074 (England and Wales)





ACCOUNTANTS: Metherell Gard Ltd
Burn View
BUDE
Cornwall
EX23 8BX

Mucky Nutz Ltd (Registered number: 07803074)

Abridged Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 510,518 434,221

CURRENT ASSETS
Stocks 44,097 36,447
Debtors 126,609 120,468
Cash at bank 147,138 340,469
317,844 497,384
CREDITORS
Amounts falling due within one year 42,206 82,685
NET CURRENT ASSETS 275,638 414,699
TOTAL ASSETS LESS CURRENT
LIABILITIES

786,156

848,920

CREDITORS
Amounts falling due after more than one
year

5

(227,238

)

(249,885

)

PROVISIONS FOR LIABILITIES (34,400 ) (28,500 )
NET ASSETS 524,518 570,535

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 524,418 570,435
524,518 570,535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Mucky Nutz Ltd (Registered number: 07803074)

Abridged Balance Sheet - continued
31 December 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 June 2025 and were signed by:





S Darwin - Director


Mucky Nutz Ltd (Registered number: 07803074)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Mucky Nutz Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade
discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods
Revenue is recognised for the sale of goods when the vendor has transferred the significant risks and rewards of ownership, it is probable that the economic benefit will flow to the entity and the revenue and associated costs can be reliably measured.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Freehold Property- Nil
Plant and machinery etc- 15% on reducing balance

The policy of the directors is to maintain the freehold buildings to a good standard of repair and so in their opinion, no depreciation is required, as the expected residual value of the buildings at the end of their useful life is above the carrying value in the accounts.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first in, first out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Mucky Nutz Ltd (Registered number: 07803074)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Leasing commitments
Rentals payable under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Financial instruments
All financial instruments are recognised initially at transaction price excluding transaction costs and subsequently at amortised cost. These include cash at bank, trade and other debtors, trade and other creditors and bank loans.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Employee benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 471,129
Additions 99,792
At 31 December 2024 570,921
DEPRECIATION
At 1 January 2024 36,908
Charge for year 23,495
At 31 December 2024 60,403
NET BOOK VALUE
At 31 December 2024 510,518
At 31 December 2023 434,221

Mucky Nutz Ltd (Registered number: 07803074)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 January 2024
and 31 December 2024 108,395
DEPRECIATION
At 1 January 2024 2,717
Charge for year 15,852
At 31 December 2024 18,569
NET BOOK VALUE
At 31 December 2024 89,826
At 31 December 2023 105,678

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS
2024 2023
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 168,608 173,167

6. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 18,088 15,903
Between one and five years 40,777 58,865
58,865 74,768

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 190,924 195,483

The bank loan is secured on the property owned by the company.

Mucky Nutz Ltd (Registered number: 07803074)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31st December 2024.

20242023
££

Balance outstanding at the start of the year49,98778,399
Amounts advanced40,12549,987
Amounts repaid49,98778,399
Amounts written off--
Amounts waived--
Balance outstanding at the end of the year40,12549,987

The amount advanced was interest free and the outstanding balance at the year end was repaid on the 6th of April 2025.