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Company Registration No. 13455426 (England and Wales)
Miniature Hobbies Ltd Unaudited accounts for the year ended 30 June 2025
Miniature Hobbies Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Miniature Hobbies Ltd Company Information for the year ended 30 June 2025
Director
Daniel Davis
Company Number
13455426 (England and Wales)
Registered Office
203 West Street Fareham PO16 0EN England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Miniature Hobbies Ltd Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
362
483
Current assets
Inventories
7,006
7,006
Cash at bank and in hand
68
1,247
7,074
8,253
Creditors: amounts falling due within one year
5
(27,219)
(31,797)
Net current liabilities
(20,145)
(23,544)
Net liabilities
(19,783)
(23,061)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(19,784)
(23,062)
Shareholders' funds
(19,783)
(23,061)
For the year ending 30 June 2025 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 July 2025 and were signed on its behalf by
Daniel Davis Director Company Registration No. 13455426
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Miniature Hobbies Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Miniature Hobbies Ltd is a private company, limited by shares, registered in England and Wales, registration number 13455426. The registered office is 203 West Street, Fareham, PO16 0EN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 July 2024
419
130
549
At 30 June 2025
419
130
549
Depreciation
At 1 July 2024
9
57
66
Charge for the year
103
18
121
At 30 June 2025
112
75
187
Net book value
At 30 June 2025
307
55
362
At 30 June 2024
410
73
483
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
3,809
5,560
Other creditors
2,450
2,006
Loans from directors
20,960
24,231
27,219
31,797
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Miniature Hobbies Ltd Notes to the Accounts for the year ended 30 June 2025
6
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Daniel Davis
Directors Current accounts
(24,231)
(1,070)
(4,341)
(20,960)
(24,231)
(1,070)
(4,341)
(20,960)
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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