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REGISTERED NUMBER: 07956676 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Mint Support Limited

Mint Support Limited (Registered number: 07956676)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Mint Support Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: J M Driver





REGISTERED OFFICE: Unit 4 Thornes Office Park
Monckton Road
Wakefield
West Yorkshire
WF2 7AN





REGISTERED NUMBER: 07956676 (England and Wales)





ACCOUNTANTS: The Sanders Partnership
Chartered Accountants
19 King Street
The Civic Quarter
Wakefield
West Yorkshire
WF1 2SQ

Mint Support Limited (Registered number: 07956676)

Statement of Financial Position
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 28,808 32,658
28,808 32,658

CURRENT ASSETS
Stocks 29,681 24,468
Debtors 6 175,504 144,918
Cash at bank 57,710 102,708
262,895 272,094
CREDITORS
Amounts falling due within one year 7 234,075 265,495
NET CURRENT ASSETS 28,820 6,599
TOTAL ASSETS LESS CURRENT LIABILITIES 57,628 39,257

PROVISIONS FOR LIABILITIES 5,474 6,078
NET ASSETS 52,154 33,179

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 52,054 33,079
52,154 33,179

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 27 March 2023 and were signed by:





J M Driver - Director


Mint Support Limited (Registered number: 07956676)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Mint Support Limited 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.

Patents and licences are being amortised evenly over their estimated useful life of five 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 - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 15% on cost
Computer equipment - 25% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provisions
Provisions are only set up where it is probable that a present obligation exists as a result of an event prior to the balance sheet and that a payment will be required in settlement that can be estimated reliably.

Mint Support Limited (Registered number: 07956676)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2022 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 March 2022
and 28 February 2023 593
AMORTISATION
At 1 March 2022
and 28 February 2023 593
NET BOOK VALUE
At 28 February 2023 -
At 28 February 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2022 6,697 8,004 15,450 32,848 62,999
Additions 3,107 - 7,191 708 11,006
At 28 February 2023 9,804 8,004 22,641 33,556 74,005
DEPRECIATION
At 1 March 2022 1,815 1,783 5,705 21,038 30,341
Charge for year 2,095 2,001 5,284 5,476 14,856
At 28 February 2023 3,910 3,784 10,989 26,514 45,197
NET BOOK VALUE
At 28 February 2023 5,894 4,220 11,652 7,042 28,808
At 28 February 2022 4,882 6,221 9,745 11,810 32,658

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 64,193 46,647
AGFL Limited 33,231 -
Prepayments 78,080 98,271
175,504 144,918

Mint Support Limited (Registered number: 07956676)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 12,221 23,311
Tax 21,780 26,732
VAT 26,503 17,595
Pension liability 3,775 -
Deferred income 144,533 174,647
Accrued expenses 25,263 23,210
234,075 265,495

8. OTHER FINANCIAL COMMITMENTS

At 28th February 2023 the company had financial commitments not provided for in the financial statements totalling £6,500 (2022: £19,500).

9. RELATED PARTY DISCLOSURES

No transactions with related parties were undertaken such as are required to be disclosed under Financial
Reporting Standard 8.