ACCOUNTS - Final Accounts preparation

Registered number: 15731813

MIBA TALES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MAY 2025


MIBA TALES LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 3


MIBA TALES LIMITED REGISTERED NUMBER:15731813

STATEMENT OF FINANCIAL POSITION

AS AT 31 MAY 2025

	2025
Note	£


Current assets
Work in progress	4	51,938
Debtors: amounts falling due within one year	5	3,605
Cash at bank and in hand		231
		55,774
Current liabilities
Creditors: amounts falling due within one year	6	(56,235)
Net liabilities		(461)

Capital and reserves
Called up share capital	7	100
Profit and loss account		(561)
		(461)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the Period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 May 2026.

P Lamberti

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1


MIBA TALES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MAY 2025

1.	General information

Miba Tales Limited is a private limited liability company incorporated in England and Wales with its registered office at 50 Newnham Avenue, Bedford, MK41 9PT.

The principal activity of the company was to create animation content production and started trading on 1 September 2024.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Going concern

At the Statement of Financial Position date the company had net liabilities. The directors has provided assurance that funds will be made available to the Company so that it will be able to carry on trading and meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved. Accordingly the accounts have been prepared on a going concern basis.

2.3

Work in progress

Project costs carried forward under work in progress, represent costs incurred on projects during the period until when they are complete and delivered, such costs are stated at the lower of cost and estimated net reaslisable value.

2.4

Debtors

Short term debtors are measured at the transaction price, less any impairment.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

Creditors

Short-term creditors are measured at the transaction price.

Employees

The average monthly number of employees, including directors, during the Period was 1.

Page 2


MIBA TALES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MAY 2025

4.	Work in progress
		2025
		£

	Project costs	51,938

Debtors

					2025
					£


	Other debtors	3,506
	Called up share capital not paid	99
		3,605

6.	Creditors: Amounts falling due within one year
		2025
		£

	Trade creditors	21,000
	Other creditors	35,235
		56,235

7.	Share capital
		2025
		£

		Allotted, called up and fully paid

		1 Ordinary share of £1.00	1

		Allotted, called up and unpaid

		99 Ordinary shares of £1.00 each	99

On incorporation the company issued 100 Ordinary shares of £1 each to provide initial working capital and £99 remain unpaid.

Page 3