2023-12-01 07835140 2024-11-30 07835140 2023-12-01 2024-11-30 07835140 2023-11-30 07835140 2022-12-01 2023-11-30 07835140 uk-core:WithinOneYear 2023-11-30 07835140 uk-core:WithinOneYear 2024-11-30 07835140 uk-core:AfterOneYear 2023-11-30 07835140 uk-core:AfterOneYear 2024-11-30 07835140 uk-core:ShareCapital 2024-11-30 07835140 uk-core:ShareCapital 2023-11-30 07835140 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 07835140 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 07835140 uk-bus:Director1 2023-12-01 2024-11-30 07835140 uk-core:ComputerEquipment 2023-11-30 07835140 uk-core:FurnitureFittings 2023-11-30 07835140 uk-core:CommercialMotorVehicles 2023-11-30 07835140 uk-core:Buildings 2023-11-30 07835140 uk-core:ComputerEquipment 2023-12-01 2024-11-30 07835140 uk-core:FurnitureFittings 2023-12-01 2024-11-30 07835140 uk-core:CommercialMotorVehicles 2023-12-01 2024-11-30 07835140 uk-core:Buildings 2023-12-01 2024-11-30 07835140 uk-core:CommercialMotorVehicles 2024-11-30 07835140 uk-core:FurnitureFittings 2024-11-30 07835140 uk-core:ComputerEquipment 2024-11-30 07835140 uk-core:Buildings 2024-11-30 iso4217:GBP xbrli:pure 07835140 uk-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 07835140 uk-bus:FRS102 2023-12-01 2024-11-30 07835140 uk-bus:FilletedAccounts 2023-12-01 2024-11-30 07835140 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30
Mind The Groove Ltd
Registered Number:07835140
For the year ended 30 November 2024
England and Wales
Unaudited Financial Statements
2
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
3
Registered Number :
07835140
As at 30 November 2024
Mind The Groove Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
672,487
122,960
2
672,487
122,960
Current assets
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
Capital and reserves
Called up share capital
4
4
Retained earnings
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.
Mrs Inga Biguze Director
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
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
Registered address:
5 Chigwell Road
London
E18 1LR
The presentation currency is £ sterling.
1. Accounting policies
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
5
For the year ended 30 November 2024
Mind The Groove Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Land and
buildings
£
£
£
£
£
Cost or
valuation
At 01 December 2023
341,329
6,676
12,705
321,948
-
609,010
2,714
12,296
54,000
540,000
Additions
At 30 November 2024
375,948
25,001
9,390
950,339
540,000
Provision for depreciation and impairment
At 01 December 2023
218,369
1,946
7,021
209,402
-
Charge for year
55,751
1,594
-
54,157
-
3,732
-
3,732
-
-
On disposal
At 30 November 2024
277,852
3,540
10,753
263,559
-
At 30 November 2024
Net book value
540,000
112,389
14,248
5,850
672,487
At 30 November 2023
-
112,546
5,684
4,730
122,960
3. Trade and other receivables
2023
2024
£
£
Trade debtors
42,622
(26,093)
Other debtors
162,864
225,290
199,197
205,486
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
28,666
55,302
Taxation and social security
54,206
136,754
Other creditors
227,614
21,599
310,486
213,655
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
27,200
27,200
3 of 4
6
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