3 3 Mutiny Brands and Services Ltd 14702218 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is Other food services Digita Accounts Production Advanced 6.30.9574.0 true 14702218 2024-04-01 2025-03-31 14702218 2025-03-31 14702218 core:CurrentFinancialInstruments 2025-03-31 14702218 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 14702218 bus:SmallEntities 2024-04-01 2025-03-31 14702218 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 14702218 bus:FilletedAccounts 2024-04-01 2025-03-31 14702218 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 14702218 bus:RegisteredOffice 2024-04-01 2025-03-31 14702218 bus:Director1 2024-04-01 2025-03-31 14702218 bus:Director2 2024-04-01 2025-03-31 14702218 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14702218 bus:Agent1 2024-04-01 2025-03-31 14702218 core:Goodwill 2024-04-01 2025-03-31 14702218 countries:England 2024-04-01 2025-03-31 14702218 2023-03-03 2024-03-31 14702218 2024-03-31 14702218 core:CurrentFinancialInstruments 2024-03-31 14702218 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 xbrli:pure iso4217:GBP

Registration number: 14702218

Mutiny Brands and Services Ltd

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 March 2025

 

Mutiny Brands and Services Ltd

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

Mutiny Brands and Services Ltd

Company Information

Director

Mr Robert Thomas George

Miss Charlotte Jane Kent

Registered office

Onyx House
12 Phoenix Business Park
Avenue Close
Birmingham
West Midlands
B7 4NU

Accountants

Onyx Accountants Limited
Chartered Management AccountantsOnyx House
12 Phoenix Business Park
Avenue Close
Birmingham
West Midlands
B7 4NU

 

Mutiny Brands and Services Ltd

(Registration number: 14702218)
Abridged Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Intangible assets

4

2,000

-

Current assets

 

Debtors

5

58,354

32,779

Cash at bank and in hand

 

18,051

12,564

 

76,405

45,343

Prepayments and accrued income

 

-

887

Creditors: Amounts falling due within one year

(81,342)

(51,332)

Net current liabilities

 

(4,937)

(5,102)

Net liabilities

 

(2,937)

(5,102)

Capital and reserves

 

Called up share capital

104

104

Retained earnings

(3,041)

(5,206)

Shareholders' deficit

 

(2,937)

(5,102)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 16 May 2025
 

.........................................
Miss Charlotte Jane Kent
Director

 

Mutiny Brands and Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Onyx House
12 Phoenix Business Park
Avenue Close
Birmingham
West Midlands
B7 4NU
England

These financial statements were authorised for issue by the director on 16 May 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

 

Mutiny Brands and Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2024 - 3).

 

Mutiny Brands and Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

4

Intangible assets

Total
£

Cost or valuation

Additions acquired separately

2,000

At 31 March 2025

2,000

Amortisation

Carrying amount

At 31 March 2025

2,000

5

Debtors

Debtors includes £Nil (2024 - £Nil) due after more than one year.