Registration number: 02867295

Mucha Limited

(Registration number: 02867295)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	1,800	1,778
Current assets
Debtors	6	962,434	794,167
Other financial assets	5	10,964	8,557
Cash at bank and in hand		198,410	119,412
		1,171,808	922,136
Creditors: Amounts falling due within one year	7	(419,943)	(178,137)
Net current assets		751,865	743,999
Net assets		753,665	745,777
Capital and reserves
Called up share capital	8	4	4
Retained earnings		753,661	745,773
Shareholders' funds		753,665	745,777

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 3 December 2025 and signed on its behalf by:
 

......................................... Mr J Omond Director

Mucha Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Stafford House
10 Prince Of Wales Road
DORCHESTER
Dorset
DT1 1PW

These financial statements were authorised for issue by the Board on 3 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Mucha Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Asset class	Depreciation method and rate
Plant and machinery	20% Straight line basis

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business and are recognised initially at the transaction price.
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 transaction.

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 at the transaction price.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

Mucha Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 January 2024	17,084	17,084
Additions	1,170	1,170
At 31 December 2024	18,254	18,254
Depreciation
At 1 January 2024	15,306	15,306
Charge for the year	1,148	1,148
At 31 December 2024	16,454	16,454
Carrying amount
At 31 December 2024	1,800	1,800
At 31 December 2023	1,778	1,778

5	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Current financial assets
Cost or valuation
At 1 January 2024	8,557	8,557
Additions	2,407	2,407
At 31 December 2024	10,964	10,964
Impairment
Carrying amount
At 31 December 2024	10,964	10,964

Mucha Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6

Debtors

Current	Note	2024 £	2023 £
Trade debtors		175,935	265,000
Amounts owed by related parties		59,261	72,335
Prepayments		147,495	23,475
Other debtors		579,743	433,357
		962,434	794,167

Mucha Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Trade creditors	146,220	116,760
Accruals and deferred income	241,017	55,602
Other creditors	32,706	5,775
	419,943	178,137

8	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2
Ordinary A Shares of £1 each	2	2	2	2
	4	4	4	4

9

Dividends

Interim dividends paid

		2024 £		2023 £
Interim dividend of 48,000.00 (2023 - 35,000.00) per each Ordinary A Shares		96,000		70,000

Mucha Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

10	Additional payments claimed by consultant

As at the date these accounts were signed by the Directors, a consultant to the Company has claimed that certain sums are due to them in addition to their consultancy fees, in respect of the financial years ending 31st December 2023 and 31st December 2024. The Directors have not yet agreed whether (or to what extent) those sums are payable to the consultant.

No accrual for those sums has been included in these accounts, as the Directors have not agreed whether there is an actual liability in respect of the relevant sums.

Any additional sums ultimately agreed to be payable for these years will be accounted for in the 2025 or 2026 financial statements when the matter has been resolved, in accordance with UK Generally Accepted Accounting Practice.