Mindspire Limited,Ltd - AccountsLtd - Accounts

Mindspire Limited,Ltd - AccountsLtd - Accounts

MINDSPIRE LIMITED - Company Information

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2019-11-01 11649630 2020-10-31 11649630 2019-11-01 2020-10-31 11649630 2019-10-31 11649630 2018-11-01 2019-10-31 11649630 uk-core:WithinOneYear 2019-10-31 11649630 uk-core:WithinOneYear 2020-10-31 11649630 uk-core:ShareCapital 2020-10-31 11649630 uk-core:ShareCapital 2019-10-31 11649630 uk-core:RetainedEarningsAccumulatedLosses 2020-10-31 11649630 uk-core:RetainedEarningsAccumulatedLosses 2019-10-31 11649630 uk-bus:Director1 2019-11-01 2020-10-31 11649630 uk-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2019-10-31 11649630 uk-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2019-11-01 2020-10-31 11649630 uk-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2020-10-31 iso4217:GBP xbrli:pure 11649630 uk-bus:AuditExemptWithAccountantsReport 2019-11-01 2020-10-31 11649630 uk-bus:FRS102 2019-11-01 2020-10-31 11649630 uk-bus:FullAccounts 2019-11-01 2020-10-31 11649630 uk-bus:PrivateLimitedCompanyLtd 2019-11-01 2020-10-31
Mindspire Limited
Registered Number:11649630
For the year ended 31 October 2020
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2020
Mindspire Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
11649630
As at 31 October 2020
Mindspire Limited
Statement of Financial Position
£
£
2019
2020
Notes
Fixed assets
Intangible assets
6,483
1,370
2
6,483
1,370
Current assets
Trade and other receivables
274
1,633
3
301
Cash and cash equivalents
18,361
19,994
575
Trade and other payables: amounts falling due within one year
(3,966)
(30,928)
4
(3,391)
(10,934)
Net current liabilities
Total assets less current liabilities
(4,451)
(2,021)
(4,451)
Net liabilities
(2,021)
Capital and reserves
Called up share capital
100
100
Retained earnings
(4,551)
(2,121)
(4,451)
(2,021)
Shareholders' funds
For the year ended 31 October 2020 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 of its financial statements for the year ended 31 October 2020 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and
which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Jane Rebecca Ollis Director
These financial statements were approved and authorised for issue by the Board on 15 July 2021 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 October 2020
Mindspire Limited
Notes to the Financial Statements
Statutory Information
Mindspire Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
11649630.
Registered address:
Napier House
14-16 Mount Ephraim Road
Tunbridge Wells
TN1 1EE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006.
The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain
assets.
2. Intangible fixed assets
Research &
Development
Cost or valuation
£
At 01 November 2019
1,370
Additions
5,113
At 31 October 2020
6,483
3. Trade and other receivables
2019
2020
£
£
Other debtors
1,633
274
4. Trade and other payables: amounts falling due within one year
2019
2020
£
£
Trade creditors
5,562
-
Other creditors
25,366
3,966
30,928
3,966
5. Related party transactions
At the year end, Jane Ollis, a director, was owed £13,808 (2019; £2,766).
2 of 3
5
For the year ended 31 October 2020
Mindspire Limited
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 1 (2019 : 1)
3 of 3