Company Registration No. 13702744 (England and Wales)
Muse E2 Limited
Unaudited accounts
for the year ended 31 March 2025
Muse E2 Limited
Unaudited accounts
Contents
Muse E2 Limited
Company Information
for the year ended 31 March 2025
Company Number
13702744 (England and Wales)
Registered Office
49 Beaumont Road
Newton Abbot
Devon
TQ12 1BA
England
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons)
South Devon Accounting Ltd
6 Orchard Close
Ogwell
Newton Abbot
TQ12 6AL
Muse E2 Limited
Statement of financial position
as at 31 March 2025
Tangible assets
2,177
1,802
Cash at bank and in hand
2,173
2,176
Creditors: amounts falling due within one year
1,983
(1,673)
Net current assets
5,056
1,003
Total assets less current liabilities
7,233
2,805
Creditors: amounts falling due after more than one year
(900)
(840)
Called up share capital
300
300
Profit and loss account
6,033
1,665
Shareholders' funds
6,333
1,965
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 director acknowledges her 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 16 December 2025 and were signed on its behalf by
Miss Carly Price
Director
Company Registration No. 13702744
Muse E2 Limited
Notes to the Accounts
for the year ended 31 March 2025
Muse E2 Limited is a private company, limited by shares, registered in England and Wales, registration number 13702744. The registered office is 49 Beaumont Road, Newton Abbot, Devon, TQ12 1BA, 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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:
Plant & machinery
25% Reducing Balance Basis
Computer equipment
25% Reducing Balance Basis
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
2,418
400
2,818
At 31 March 2025
3,518
400
3,918
At 1 April 2024
841
175
1,016
Charge for the year
669
56
725
At 31 March 2025
1,510
231
1,741
At 31 March 2025
2,008
169
2,177
At 31 March 2024
1,577
225
1,802
Muse E2 Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
75
1,537
Loans from directors
(2,094)
124
6
Creditors: amounts falling due after more than one year
2025
2024
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).