Company Registration No. 08423323 (England and Wales)
Marvellous Minds Ltd
Unaudited accounts
for the year ended 31 March 2026
Marvellous Minds Ltd
Unaudited accounts
Contents
Marvellous Minds Ltd
Company Information
for the year ended 31 March 2026
Company Number
08423323 (England and Wales)
Registered Office
16 Dover Street
Canterbury
Kent
CT1 3HD
England
Accountants
Austin, Taylor Limited
16 Dover Street
Canterbury
Kent
CT1 3HD
Marvellous Minds Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
1,259
1,866
Cash at bank and in hand
21,017
42,751
Creditors: amounts falling due within one year
(3,771)
(6,047)
Net current assets
17,826
37,040
Total assets less current liabilities
19,085
38,906
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
18,845
38,550
Shareholders' funds
18,846
38,551
For the year 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 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 29 May 2026 and were signed on its behalf by
Beverley Morris
Director
Company Registration No. 08423323
Marvellous Minds Ltd
Notes to the Accounts
for the year ended 31 March 2026
Marvellous Minds Ltd is a private company, limited by shares, registered in England and Wales, registration number 08423323. The registered office is 16 Dover Street, , Canterbury, Kent, CT1 3HD, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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.
Marvellous Minds Ltd
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
6,006
8,465
5,134
19,605
At 31 March 2026
6,006
8,465
5,134
19,605
At 1 April 2025
5,818
8,465
3,456
17,739
Charge for the year
47
-
560
607
At 31 March 2026
5,865
8,465
4,016
18,346
At 31 March 2026
141
-
1,118
1,259
At 31 March 2025
188
-
1,678
1,866
Amounts falling due within one year
Accrued income and prepayments
70
-
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
389
4,497
Loans from directors
2,512
680
At the year end the director, Dr B Morris £2,512 was owed by the company (2025: £680). The loan is interest free and repayable on demand.
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Average number of employees
During the year the average number of employees was 1 (2025: 1).