MUD FOODS LIMITED

MUD FOODS LIMITED

MUD FOODS LIMITED - Company Information

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MUD FOODS LIMITED

Company Registration Number:
06994512 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2020

Period of accounts

Start date: 01 September 2019

End date: 31 August 2020

MUD FOODS LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2020

Balance sheet
Notes

MUD FOODS LIMITED

Balance sheet

As at 31 August 2020


Notes
2020
2019


£
£
Fixed assets
Intangible assets: 3 3,308 4,962
Tangible assets: 4 322,490 307,878
Total fixed assets: 325,798 312,840
Current assets
Stocks: 26,379 13,718
Debtors:   86,373 68,082
Cash at bank and in hand: 32,230 22,272
Total current assets: 144,982 104,072
Creditors: amounts falling due within one year: 5 (195,840) (184,610)
Net current assets (liabilities): (50,858) (80,538)
Total assets less current liabilities: 274,940 232,302
Creditors: amounts falling due after more than one year: 6 (207,487) (184,960)
Total net assets (liabilities): 67,453 47,342
Capital and reserves
Called up share capital: 1,290 1,290
Share premium account: 112,210 112,210
Profit and loss account: (46,047) (66,158)
Shareholders funds: 67,453 47,342

The notes form part of these financial statements

MUD FOODS LIMITED

Balance sheet statements

For the year ending 31 August 2020 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 February 2021
and signed on behalf of the board by:

Name: Mr C Barrington
Status: Director

The notes form part of these financial statements

MUD FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MUD FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

2. Employees

2020 2019
Average number of employees during the period 13 12

MUD FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

3. Intangible Assets

Total
Cost £
At 01 September 2019 5,762
At 31 August 2020 5,762
Amortisation
At 01 September 2019 800
Charge for year 1,654
At 31 August 2020 2,454
Net book value
At 31 August 2020 3,308
At 31 August 2019 4,962

MUD FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

4. Tangible Assets

Total
Cost £
At 01 September 2019 473,973
Additions 52,932
Disposals (213)
At 31 August 2020 526,692
Depreciation
At 01 September 2019 166,095
Charge for year 38,147
On disposals (40)
At 31 August 2020 204,202
Net book value
At 31 August 2020 322,490
At 31 August 2019 307,878

MUD FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

5. Creditors: amounts falling due within one year note

Loans and Borrowings - 43513Trade Creditors - 67100Taxation and Social Security - 3660Accruals - 8075Other Creditors - 73492

MUD FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

6. Creditors: amounts falling due after more than one year note

Loans and Borrowings - 207487