Mylnefield Investments & Consulting Limited Filleted accounts for Companies House (small and micro)

MYLNEFIELD INVESTMENTS & CONSULTING LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 13434616

Mylnefield Investments & Consulting Limited

Filleted Unaudited Financial Statements

30 June 2023

Mylnefield Investments & Consulting Limited

Statement of Financial Position

30 June 2023

	2023	2022
Note	£	£

Current assets

Cash at bank and in hand	5,744	15,390

Creditors: amounts falling due within one year	5	( 4,040)	( 12,401)
		------------	------------
Net current assets		1,704	2,989
		------------	------------
Total assets less current liabilities		1,704	2,989
		------------	------------
Net assets		1,704	2,989
		------------	------------

Mylnefield Investments & Consulting Limited

Statement of Financial Position (continued)

30 June 2023

	2023	2022
Note	£	£

Capital and reserves

Called up share capital	3	3
Profit and loss account	1,701	2,986
	------------	------------
Shareholders funds	1,704	2,989
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

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.

Directors' responsibilities:

- 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 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 20 March 2024 , and are signed on behalf of the board by:

Mr D Townsend	Mrs S Townsend
Director	Director

Company registration number: 13434616

Mylnefield Investments & Consulting Limited

Notes to the Financial Statements

Year ended 30 June 2023

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Mylnefield, Hillside Lane, Great Amwell, Ware, SG12 9SE.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered.

Taxation

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

4. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2022: 2 ).

5. Creditors: amounts falling due within one year

	2023	2022
	£	£
Corporation tax	–	7,954
Other creditors	4,040	4,447
	------------	------------
	4,040	12,401
	------------	------------

6. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2023
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr D Townsend	( 3,607)	–	( 3,607)
	------------	------------	------------

	2022
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr D Townsend	–	( 3,607)	( 3,607)
	------------	------------	------------