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REGISTERED NUMBER: 07887611 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

FOR

MISO TASTY LTD

MISO TASTY LTD (REGISTERED NUMBER: 07887611)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MISO TASTY LTD

COMPANY INFORMATION
For The Year Ended 31 March 2019







DIRECTORS: Y H Martini
B Chung
M Wilkes





SECRETARY: N T Lamont Brown





REGISTERED OFFICE: 9 Roedean Crescent
Roehampton
London
SW15 5JX





REGISTERED NUMBER: 07887611 (England and Wales)





ACCOUNTANTS: Taylor-Roalfe
Old Cottage
Boughton Green
Kent
ME17 4LT

MISO TASTY LTD (REGISTERED NUMBER: 07887611)

BALANCE SHEET
31 March 2019

31.3.19 31.3.18
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 50,224 50,224
Tangible assets 5 3,967 4,530
54,191 54,754

CURRENT ASSETS
Stocks 344,707 282,966
Debtors 6 71,177 72,453
Cash at bank 45,129 74,462
461,013 429,881
CREDITORS
Amounts falling due within one year 7 183,546 317,341
NET CURRENT ASSETS 277,467 112,540
TOTAL ASSETS LESS CURRENT
LIABILITIES

331,658

167,294

CAPITAL AND RESERVES
Called up share capital 486 418
Share premium 1,531,488 1,110,893
Retained earnings (1,200,316 ) (944,017 )
331,658 167,294

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a) ensuring that the company keeps 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 Sections
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.

MISO TASTY LTD (REGISTERED NUMBER: 07887611)

BALANCE SHEET - continued
31 March 2019


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 23 December 2019 and were signed on its behalf
by:





B Chung - Director


MISO TASTY LTD (REGISTERED NUMBER: 07887611)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2019

1. STATUTORY INFORMATION

Miso Tasty Ltd is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

MISO TASTY LTD (REGISTERED NUMBER: 07887611)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2019

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2018 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2018
and 31 March 2019 50,224
NET BOOK VALUE
At 31 March 2019 50,224
At 31 March 2018 50,224

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2018 20,782
Additions 1,237
At 31 March 2019 22,019
DEPRECIATION
At 1 April 2018 16,252
Charge for year 1,800
At 31 March 2019 18,052
NET BOOK VALUE
At 31 March 2019 3,967
At 31 March 2018 4,530

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.19 31.3.18
£    £   
Trade debtors 47,724 60,923
Other debtors 23,453 11,530
71,177 72,453

MISO TASTY LTD (REGISTERED NUMBER: 07887611)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2019

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.19 31.3.18
£    £   
Trade creditors 188,218 251,328
Taxation and social security (74,789 ) 2,939
Other creditors 70,117 63,074
183,546 317,341

8. CONTINGENT LIABILITIES

The B Shareholder has an option to put the B shares to the company at a cost of £50 in the 5 year period
commencing 5th May 2022.