REGISTERED NUMBER: 09387390 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2024 to 31 December 2024

for

Much Ado Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Peter John Goddard

Simon William Bradburn Read

Minority Venture Partners 11 Limited

Gary William Fennah

Registered office:

Third Floor Liverpool House

Lower Bridge Street

Chester

CH1 1RS

Registered number:

09387390 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Current assets

Debtors

5

17,267

17,832

Cash at bank

22,296

27,215

39,563

45,047

Creditors

Amounts falling due within one year

6

9,333

7,772

Net current assets

30,230

37,275

Total assets less current liabilities

30,230

37,275

Creditors

Amounts falling due after more than one year

7

22,566

25,833

Net assets

7,664

11,442

Capital and reserves

Called up share capital

10

10

Retained earnings

7,654

11,432

7,664

11,442

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

Peter John Goddard - Director

1.	Statutory information

Much Ado Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Commissions from insurance broking activities are recognised as income when the underlying policy commences. Provision is made at the period end for policies that are expected to lapse post period end.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

3.	Employees and directors

The average number of employees during the period was NIL (2024 - 1 ).

4.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1 April 2024

1,843

Disposals

(1,843

)

At 31 December 2024

-

Depreciation

At 1 April 2024

1,843

Eliminated on disposal

(1,843

)

At 31 December 2024

-

Net book value

At 31 December 2024

-

At 31 March 2024

-

5.

Debtors: amounts falling due within one year

31/12/24

31/3/24

£

£

Other debtors

17,267

17,832

6.

Creditors: amounts falling due within one year

31/12/24

31/3/24

£

£

Bank loans and overdrafts

5,000

5,000

Amounts owed to group undertakings

2,772

-

Other creditors

1,561

2,772

9,333

7,772

7.

Creditors: amounts falling due after more than one year

31/12/24

31/3/24

£

£

Bank loans

22,566

25,833

8.	Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the period ended 31 December 2024 and the year ended 31 March 2024:

31/12/24

31/3/24

£

£

Neil Anthony Carpenter

Balance outstanding at start of period

-

8,718

Amounts repaid

-

(8,718

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

-

-