Company Registration No. 11438199 (England and Wales)
Mitchell Acoustics Limited
Unaudited accounts
for the year ended 30 June 2023
Mitchell Acoustics Limited
Unaudited accounts
Contents
Mitchell Acoustics Limited
Company Information
for the year ended 30 June 2023
Company Number
11438199 (England and Wales)
Registered Office
124 CITY ROAD
LONDON
EC1V 2NX
ENGLAND
Accountants
KJS Accounting
Firbank
Blackhouse Hill
Hythe
Kent
CT21 5UN
Mitchell Acoustics Limited
Statement of financial position
as at 30 June 2023
Tangible assets
12,985
5,613
Inventories
182,155
11,223
Cash at bank and in hand
238,118
2,405
Creditors: amounts falling due within one year
(399,421)
(117,250)
Net current assets
345,888
27,968
Total assets less current liabilities
358,873
33,581
Creditors: amounts falling due after more than one year
(641,991)
(7,216)
Net (liabilities)/assets
(283,118)
26,365
Called up share capital
24
15
Share premium
1,262,986
254,995
Profit and loss account
(1,546,128)
(228,645)
Shareholders' funds
(283,118)
26,365
For the year ending 30 June 2023 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 25 August 2023 and were signed on its behalf by
Paul Mitchell
Director
Company Registration No. 11438199
Mitchell Acoustics Limited
Notes to the Accounts
for the year ended 30 June 2023
Mitchell Acoustics Limited is a private company, limited by shares, registered in England and Wales, registration number 11438199. The registered office is 124 CITY ROAD, LONDON, EC1V 2NX, ENGLAND. The principal place of business is 14 Victoria Road, Hythe, Kent, CT21 6DR.
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.
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
Straight Line 3 Years
Fixtures & fittings
Straight Line 3 Years
4
Tangible fixed assets
Plant & machinery
Mitchell Acoustics Limited
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Trade debtors
312,028
29,307
Accrued income and prepayments
13,008
95,513
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
30,000
30,000
Trade creditors
125,851
26,638
Taxes and social security
(1,003)
2,673
Other creditors
239,446
51,782
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
116,048
-
Allotted, called up and fully paid:
23,600 Ordinary shares of £0.001 each
23.60
15.10
Shares issued during the period:
8,500 Ordinary shares of £0.001 each
8.50
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
