Company Registration No. 10009325 (England and Wales)
MIND FIREWALL
Unaudited Financial Statements
for the period from 1 March 2019 to 28 February 2020
MIND FIREWALL
Unaudited Financial Statements
Contents
MIND FIREWALL
Company Information
for the period from 1 March 2019 to 28 February 2020
Directors
Judith Ahikire
Aida Ghebretensae
Amina Kayitaba
Company Number
10009325 (England and Wales)
Registered Office
29 Drew Gardens
Greenford
UB6 7QF
ENGLAND
Accountants
Alex & Co
46A Fairlawn Park
Sydenham
London
SE26 5RY
MIND FIREWALL
Statement of financial position
as at
28 February 2020
Cash at bank and in hand
-
32
Creditors: amounts falling due within one year
(493)
(426)
Net current liabilities
(493)
(394)
Net liabilities
(493)
(394)
Profit and loss account
(493)
(394)
Members' funds
(493)
(394)
For the period ending 28 February 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 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.
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 of Directors and authorised for issue on 9 December 2020 and were signed on its behalf by
Judith Ahikire
Director
Company Registration No. 10009325
MIND FIREWALL
Notes to the Accounts
for the period from 1 March 2019 to 28 February 2020
MIND FIREWALL is a private company, limited by guarantee, registered in England and Wales, registration number 10009325. The registered office is 29 Drew Gardens, Greenford, UB6 7QF, ENGLAND.
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 period, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year-end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
MIND FIREWALL
Notes to the Accounts
for the period from 1 March 2019 to 28 February 2020
4
Creditors: amounts falling due within one year
2020
2019
5
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
6
Average number of employees
During the period the average number of employees was 0 (2019: 0).