Registered number
05559039
MIRABEL DESIGN LIMITED
Filleted Accounts
30 September 2024
M JAFFER & CO
Chartered Certified Accountants
Devonshire House
582 Honeypot Lane
Stanmore
HA7 1JS
MIRABEL DESIGN LIMITED
Registered number: 05559039
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 4 32,020 34,204
Current assets
Debtors 5 25,014 43,223
Cash at bank 2,106 2,874
27,120 46,097
Creditors: amounts falling due within one year 6 (31,503) (47,824)
Net current liabilities (4,383) (1,727)
Total assets less current liabilities 27,637 32,477
Creditors: amounts falling due after more than one year 7 (26,326) (31,461)
Net assets 1,311 1,016
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 311 16
Shareholder's funds 1,311 1,016
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
………………………………..
Edward Bonnor-Moris
Director
Approved by the board on 26 June 2025
MIRABEL DESIGN LIMITED
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
The Director has considered the impact of recent worldwide events in relation to the Covid-19 pandemic and on going impact on the Company's operations. He is confident that the Company has adequate reserves to enable it to meet its running costs and liabilities as they fall due for at least 12 months from the date of approval of these financial statements.

The Company has taken out a Bounce Back Loan amounting to £48,000 to ensure that sufficient cash resources remain available should the government restrictions remain in place for a longer than currently predicted.

On the basis of the above, the director considers it appropriate to prepare the financial statements on a going concern basis.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 20% straight line
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Intangible fixed assets £
Goodwill:
Cost
At 1 October 2023 98,500
At 30 September 2024 98,500
Amortisation
At 1 October 2023 98,500
At 30 September 2024 98,500
Net book value
At 30 September 2024 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 October 2023 24,562 102,396 126,958
Additions - 1,800 1,800
At 30 September 2024 24,562 104,196 128,758
Depreciation
At 1 October 2023 - 92,754 92,754
Charge for the year - 3,984 3,984
At 30 September 2024 - 96,738 96,738
Net book value
At 30 September 2024 24,562 7,458 32,020
At 30 September 2023 24,562 9,642 34,204
5 Debtors 2024 2023
£ £
Other debtors 25,014 43,223
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bounce Back loan 5,961 5,961
Trade creditors 1,427 4,902
Corporation tax 21,764 34,687
Other creditors 2,351 2,274
31,503 47,824
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bounce Back loan 26,326 31,461
8 Loans to director
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Edward Bonnor-Morris 15,449 101,035 (110,105) 6,379
15,449 101,035 (110,105) 6,379
9 Other information
MIRABEL DESIGN LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
HA7 1JS
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