REGISTERED NUMBER: 07073581 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Mosaic Heaven Ltd

Page

Statement of financial position

1

Notes to the financial statements

2

to

5

Fixed assets

Intangible assets

5

-

-

Tangible assets

6

350

467

350

467

Current assets

Stocks

7

22,500

15,500

Debtors

8

3,136

21,113

Cash at bank and in hand

9,297

12,521

34,933

49,134

Creditors

Amounts falling due within one year

9

14,836

19,521

Net current assets

20,097

29,613

Total assets less current liabilities

20,447

30,080

Capital and reserves

Called up share capital

10

2

2

Retained earnings

20,445

30,078

Shareholders' funds

20,447

30,080

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 October 2025 and were signed by:

Mrs K S Draper - Director

1.	Statutory information

Mosaic Heaven Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07073581

Registered office:

Unit 9, Peacock Square

Blenheim Way

Northfields Industrial Estate

Market Deeping

Peterborough

PE6 8LW

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

4.	Employees and directors

The average number of employees during the year was 4 (2024 - 4 ) .

5.	Intangible fixed assets

Goodwill

£

Cost

At 1 April 2024

and 31 March 2025

26,000

Amortisation

At 1 April 2024

and 31 March 2025

26,000

Net book value

At 31 March 2025

-

At 31 March 2024

-

6.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 April 2024

and 31 March 2025

9,092

Depreciation

At 1 April 2024

8,625

Charge for year

117

At 31 March 2025

8,742

Net book value

At 31 March 2025

350

At 31 March 2024

467

7.

Stocks

2025

2024

£

£

Stocks

22,500

15,500

8.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

3,136

6,290

Directors' loan accounts

-

14,823

3,136

21,113

9.

Creditors: amounts falling due within one year

2025

2024

£

£

Corporation tax

6,095

8,753

Social security and other taxes

28

41

VAT

4,657

7,096

Other creditors

2,895

2,806

Directors' loan accounts

336

-

Accrued expenses

825

825

14,836

19,521

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

1

2

2