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REGISTERED NUMBER: 07328365 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 September 2024

for

The Mug Tug Limited

The Mug Tug Limited (Registered number: 07328365)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Balance Sheet 1


The Mug Tug Limited (Registered number: 07328365)

Balance Sheet
30 September 2024

30.9.24 30.9.23
£    £    £    £   
FIXED ASSETS 965 1,131

CURRENT ASSETS 24,649 13,238

CREDITORS
Amounts falling due within one year (16,136 ) (9,041 )
NET CURRENT ASSETS 8,513 4,197
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,478

5,328

CAPITAL AND RESERVES 9,478 5,328

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

The Mug Tug Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07328365

Registered office: Unit 5
Barton Turn
Barton Under Needwood
Burton on Trent
Staffordshire
DE13 8AS

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 3 (2023 - 3 ) .

The Mug Tug Limited (Registered number: 07328365)

Balance Sheet - continued
30 September 2024

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
P J Mason and Mrs L Mason
Balance outstanding at start of year 1,450 18
Amounts advanced 9 1,450
Amounts repaid (5,600 ) (18 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (4,141 ) 1,450

During the year, the company loaned an asset from the two directors of the company on a free of charge basis. This asset was used to generate a market rate rent of £7,800.

The company also loaned another asset from the two directors of the company and used this asset as the base for its trading operations.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The Mug Tug Limited (Registered number: 07328365)

Balance Sheet - continued
30 September 2024


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

The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2025 and were signed on its behalf by:





P J Mason - Director