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Company Registration No. 16553185 (England and Wales)
Mr Giveaways Ltd Financial Statements for the period from 1 July 2025 to 31 March 2026
Mr Giveaways Ltd Financial Statements Contents
Page
Statement of financial position
3
Notes to the accounts
4
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Mr Giveaways Ltd Statement of financial position as at 31 March 2026
2026 
Notes
£ 
Current assets
Cash at bank and in hand
68,655 
Creditors: amounts falling due within one year
4
(41,303)
Net current assets
27,352 
Net assets
27,352 
Capital and reserves
Called up share capital
5
100 
Profit and loss account
27,252 
Shareholders' funds
27,352 
For the period ending 31 March 2026 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 his 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 23 April 2026 and were signed on its behalf by
David Peter Cleary Director Company Registration No. 16553185
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Mr Giveaways Ltd Notes to the Accounts for the period from 1 July 2025 to 31 March 2026
1
Statutory information
Mr Giveaways Ltd is a private company, limited by shares, registered in England and Wales, registration number 16553185. The registered office is 20 Wenlock Road, London, N1 7GU, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Reporting period
The reporting period covers the 9 month period from 1 July 2025 to 31 March 2026. There is no comparative as this is the first period of trading.
Basis of preparation
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Revenue
The company recognises revenue from the sale of entries into prize competitions, with revenue recognised on closure of each competition.
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits hold at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
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Mr Giveaways Ltd Notes to the Accounts for the period from 1 July 2025 to 31 March 2026
4
Creditors: amounts falling due within one year
2026 
£ 
Taxes and social security
12,523 
Other creditors
28,780 
41,303 
5
Share capital
2026 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
6
Transactions with related parties
Included in other creditors is an amount of £28,779 due to the director. There are no terms as to interest or repayment in respect of this balance.
7
Average number of employees
During the period the average number of employees was 1.
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