IRIS Accounts Production v25.1.4.42 04553607 Board of Directors 1.11.23 31.10.24 31.10.24 9.2.25 0 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045536072023-10-31045536072024-10-31045536072023-11-012024-10-31045536072022-10-31045536072022-11-012023-10-31045536072023-10-3104553607ns15:EnglandWales2023-11-012024-10-3104553607ns14:PoundSterling2023-11-012024-10-3104553607ns10:Director12023-11-012024-10-3104553607ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3104553607ns10:SmallEntities2023-11-012024-10-3104553607ns10:Audited2023-11-012024-10-3104553607ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3104553607ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3104553607ns10:FullAccounts2023-11-012024-10-3104553607ns10:Director22023-11-012024-10-3104553607ns10:RegisteredOffice2023-11-012024-10-3104553607ns5:CurrentFinancialInstruments2024-10-3104553607ns5:CurrentFinancialInstruments2023-10-3104553607ns5:Non-currentFinancialInstruments2024-10-3104553607ns5:Non-currentFinancialInstruments2023-10-3104553607ns5:ShareCapital2024-10-3104553607ns5:ShareCapital2023-10-3104553607ns5:SharePremium2024-10-3104553607ns5:SharePremium2023-10-3104553607ns5:RetainedEarningsAccumulatedLosses2024-10-3104553607ns5:RetainedEarningsAccumulatedLosses2023-10-3104553607ns5:PlantMachinery2023-11-012024-10-3104553607ns5:PlantMachinery2023-10-3104553607ns5:PlantMachinery2024-10-3104553607ns5:PlantMachinery2023-10-3104553607ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3104553607ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-31
REGISTERED NUMBER: 04553607 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2024

FOR

MUSHROOM MAN.CO.UK LIMITED

MUSHROOM MAN.CO.UK LIMITED (REGISTERED NUMBER: 04553607)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MUSHROOM MAN.CO.UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2024







DIRECTORS: A.J. Thorogood
W J Thorogood





REGISTERED OFFICE: Whitwell House, Hammonds Road
Little Baddow
Chelmsford
Essex
CM3 4BQ





REGISTERED NUMBER: 04553607 (England and Wales)





AUDITORS: Clemence Hoar Cummings
Chartered Accountants and Statutory Auditor
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN

MUSHROOM MAN.CO.UK LIMITED (REGISTERED NUMBER: 04553607)

BALANCE SHEET
31ST OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,010 11,356

CURRENT ASSETS
Stocks 46,063 50,089
Debtors 5 1,913,929 1,282,027
Cash at bank and in hand 302,580 537,906
2,262,572 1,870,022
CREDITORS
Amounts falling due within one year 6 604,225 524,375
NET CURRENT ASSETS 1,658,347 1,345,647
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,664,357

1,357,003

CREDITORS
Amounts falling due after more than
one year

7

-

(877

)

PROVISIONS FOR LIABILITIES (179 ) (179 )
NET ASSETS 1,664,178 1,355,947

CAPITAL AND RESERVES
Called up share capital 555 555
Share premium 6,979 6,979
Retained earnings 1,656,644 1,348,413
SHAREHOLDERS' FUNDS 1,664,178 1,355,947

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 9th February 2025 and were signed on its behalf by:





A.J. Thorogood - Director


MUSHROOM MAN.CO.UK LIMITED (REGISTERED NUMBER: 04553607)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024


1. STATUTORY INFORMATION

Mushroom Man.co.uk Limited 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.

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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - NIL ) .

MUSHROOM MAN.CO.UK LIMITED (REGISTERED NUMBER: 04553607)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st November 2023 26,803
Additions 4,080
At 31st October 2024 30,883
DEPRECIATION
At 1st November 2023 15,447
Charge for year 9,426
At 31st October 2024 24,873
NET BOOK VALUE
At 31st October 2024 6,010
At 31st October 2023 11,356

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 658,850 592,346
Other debtors 1,255,079 689,681
1,913,929 1,282,027

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 375,341 336,044
Taxation and social security 126,458 115,794
Other creditors 102,426 72,537
604,225 524,375

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors - 877

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

David Belbin BSc BFP FCA DChA (Senior Statutory Auditor)
for and on behalf of Clemence Hoar Cummings