Company Registration No. 12389178 (England and Wales)
My Extinction Ltd
Unaudited accounts
for the year ended 31 March 2025
My Extinction Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
29,620
213
Creditors: amounts falling due within one year
(94,767)
(97,634)
Net current liabilities
(62,312)
(96,804)
Total assets less current liabilities
(61,767)
(96,078)
Provisions for liabilities
Net liabilities
(61,871)
(96,216)
Called up share capital
3
3
Profit and loss account
(61,874)
(96,219)
Shareholders' funds
(61,871)
(96,216)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by
Ms Lindsey Dryden
Director
Company Registration No. 12389178
My Extinction Ltd
Notes to the Accounts
for the year ended 31 March 2025
My Extinction Ltd is a private company, limited by shares, registered in England and Wales, registration number 12389178. The registered office is 5 Grebe Close, Whittlesey, Peterborough, PE7 1UU, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. The directors have undertaken a detailed Profit and Loss and Cash Flow forecasting exercise incorporating the ongoing impact of the COVID-19 pandemic. As a result of this work and the continuing strong performance of the business the directors are comfortable that the company has the resources it requires to thrive for the foreseeable future.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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:
My Extinction Ltd
Notes to the Accounts
for the year ended 31 March 2025
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
11,326
13,289
Taxes and social security
(34,050)
97
Other creditors
85,405
409
Loans from directors
26,336
22,098
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).