Miki Retail Limited 31/07/2019 iXBRL
Miki Retail Limited 31/07/2019 iXBRL
Company registration number:
NI607120
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Directors and other information
Directors |
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Secretary |
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Company number |
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Registered office |
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Business address |
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Accountants |
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Old Bank House | ||
161-163 Upper Lisburn Road | ||
Belfast | ||
BT10 0LJ | ||
Bankers |
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364 Lisburn Road | ||
Belfast | ||
BT9 6GL | ||
Statement of financial position
31st July 2019
2019 | 2018 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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_______ | _______ | ||||||||
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Current assets | |||||||||
Stocks |
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Debtors | 6 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 7 |
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Net current liabilities |
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Total assets less current liabilities |
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Net assets/(liabilities) |
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Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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Shareholders funds/(deficit) |
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Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
22 October 2019
, and are signed on behalf of the board by:
Director
Director
Company registration number:
NI607120
Notes to the financial statements
Year ended 31st July 2019
1.
General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 12 Killaire Road, Carnalea, N Ireland, BT19 1EY.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment | - |
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Impairment
Stocks
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
4
(2018:
4
).
5.
Tangible assets
Fixtures, fittings and equipment | Total | ||
£ | £ | ||
Cost | |||
At 1st August 2018 and 31st July 2019 |
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_______ | _______ | ||
Depreciation | |||
At 1st August 2018 |
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Charge for the year |
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At 31st July 2019 |
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Carrying amount | |||
At 31st July 2019 |
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At 31st July 2018 |
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43,105 | |
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6.
Debtors
2019 | 2018 | |||
£ | £ | |||
Trade debtors |
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Other debtors |
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7.
Creditors: amounts falling due within one year
2019 | 2018 | |||
£ | £ | |||
Trade creditors |
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Corporation tax |
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- | ||
Social security and other taxes |
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Other creditors |
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_______ | _______ | |||
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8.
Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company: | ||||
2019 | ||||
Balance brought forward | Advances /(credits) to the directors | Balance o/standing | ||
£ | £ | £ | ||
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- |
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_______ | _______ | _______ | ||
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_______ | _______ | _______ | ||
2018 | ||||
Balance brought forward | Advances /(credits) to the directors | Balance o/standing | ||
£ | £ | £ | ||
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- |
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_______ | _______ | _______ | ||
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9.
Controlling party