| Registered Number:07835140 |
For the year ended 30 November 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 November 2024
Mind The Groove Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Mind The Groove Ltd
Statement of Financial Position
2023
2024
| Property, plant and equipment |
672,487
122,960
2
672,487
122,960
| Trade and other receivables |
199,197
205,486
3
1,292,689
| Cash and cash equivalents |
738,288
943,774
1,491,886
| Trade and other payables: amounts falling due within one |
| year |
(213,655)
(310,486)
4
1,278,231
633,288
Net current assets
| Total assets less current liabilities |
1,305,775
1,401,191
| Trade and other payables: amounts falling due after more |
| than one year |
(27,200)
(27,200)
5
1,278,575
Net assets
1,373,991
4
4
1,278,571
1,373,987
1,278,575
1,373,991
Shareholders' funds
| For the year ended 30 November 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 22 July 2025 and were signed by: |
| The notes form part of these financial statements |
1 of 4
For the year ended 30 November 2024
Mind The Groove Ltd
Notes to the Financial Statements
Statutory Information
| Mind The Groove Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 07835140. |
| Principal place of business: |
Unit 12 ClipperParkIndustrialEstate
Thurrock Park Way
Tilbury
Essex
RM18 7HG
5 Chigwell Road
London
E18 1LR
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
For the year ended 30 November 2024
Mind The Groove Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
341,329
6,676
12,705
321,948
-
609,010
2,714
12,296
54,000
540,000
375,948
25,001
9,390
950,339
540,000
| Provision for depreciation and impairment |
218,369
1,946
7,021
209,402
-
Charge for year
55,751
1,594
-
54,157
-
3,732
-
3,732
-
-
277,852
3,540
10,753
263,559
-
540,000
112,389
14,248
5,850
672,487
-
112,546
5,684
4,730
122,960
| 3. Trade and other receivables |
2023
2024
42,622
(26,093)
162,864
225,290
199,197
205,486
| 4. Trade and other payables: amounts falling due within one year |
2023
2024
28,666
55,302
| Taxation and social security |
54,206
136,754
227,614
21,599
310,486
213,655
| 5. Trade and other payables: amounts falling due after more than one year |
2023
2024
27,200
27,200
3 of 4
For the year ended 30 November 2024
Mind The Groove Ltd
Notes to the Financial Statements Continued
| 6. Average number of persons employed |
During the year the average number of employees was 4 (2023 : 13)
4 of 4