1 April 2022 false No description of principal activity Taxfiler 2023.10 00714957business:PrivateLimitedCompanyLtd2022-04-012023-03-31 007149572022-03-31 007149572022-04-012023-03-31 00714957business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 00714957business:FilletedAccounts2022-04-012023-03-31 007149572023-03-31 00714957business:Director12022-04-012023-03-31 00714957business:Director22022-04-012023-03-31 00714957business:Director32022-04-012023-03-31 00714957business:Director42022-04-012023-03-31 00714957business:Director52022-04-012023-03-31 00714957business:Director62022-04-012023-03-31 00714957business:RegisteredOffice2022-04-012023-03-31 007149572022-03-31 00714957core:WithinOneYear2023-03-31 00714957core:WithinOneYear2022-03-31 00714957core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 00714957core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 00714957core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 00714957core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 00714957core:PreviouslyStatedAmount2023-03-31 00714957core:PreviouslyStatedAmount2022-03-31 00714957business:SmallEntities2022-04-012023-03-31 00714957countries:EnglandWales2022-04-012023-03-31 00714957core:ComputerEquipment2022-04-012023-03-31 00714957core:LandBuildings2022-03-31 00714957core:ComputerEquipment2022-03-31 00714957core:LandBuildings2023-03-31 00714957core:ComputerEquipment2023-03-31 007149572021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 00714957 (England and Wales)
Mentis Limited Unaudited accounts for the year ended 31 March 2023
Mentis Limited Unaudited accounts Contents
Page
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Mentis Limited Company Information for the year ended 31 March 2023
Directors
JF Barker BSL Barker KL Barker LC Harty MSW Nolan JCE Pattenden
Company Number
00714957 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS HIGH STREET CREDITON EX17 3AH ENGLAND
Accountants
H W Martin & Co LLP Lloyds Bank Chambers High Street Crediton Devon EX17 3AH
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Mentis Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
869,000 
869,000 
Current assets
Debtors
22,066 
21,478 
Cash at bank and in hand
241,713 
237,304 
263,779 
258,782 
Creditors: amounts falling due within one year
(47,009)
(47,645)
Net current assets
216,770 
211,137 
Net assets
1,085,770 
1,080,137 
Capital and reserves
Called up share capital
23,551 
23,551 
Profit and loss account
1,062,219 
1,056,586 
Shareholders' funds
1,085,770 
1,080,137 
For the year ending 31 March 2023 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 5 February 2024 and were signed on its behalf by
JF Barker Director Company Registration No. 00714957
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Mentis Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Mentis Limited is a private company, limited by shares, registered in England and Wales, registration number 00714957. The registered office is LLOYDS BANK CHAMBERS, HIGH STREET, CREDITON, EX17 3AH, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% reducing balance
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
869,000 
2,227 
871,227 
At 31 March 2023
869,000 
2,227 
871,227 
Depreciation
At 1 April 2022
- 
2,227 
2,227 
At 31 March 2023
- 
2,227 
2,227 
Net book value
At 31 March 2023
869,000 
- 
869,000 
At 31 March 2022
869,000 
- 
869,000 
Following the dissolution of Stapleton Trust Limited, a wholly owned subsidiary, the shares in the subsidiary were realised
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
22,066 
21,478 
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Mentis Limited Notes to the Accounts for the year ended 31 March 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
15,067 
16,180 
Taxes and social security
12,370 
12,292 
Deferred income
19,572 
19,173 
47,009 
47,645 
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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