The following reproduces text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited financial statements set out on pages 2 to 3 have been extracted.
"In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mandamore Limited for the period ended 28 February 2023 set out on pages 3 to 5 from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/about-us/regulation/rulebook.html.
Our work has been undertaken solely to prepare for your approval the financial statements of Mandamore Limited and state those matters that we have agreed to state to the Board of Directors of Mandamore Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mandamore Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Mandamore Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Mandamore Limited. You consider that Mandamore Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of Mandamore Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
The bank loans of £1,642,500 are secured by a first legal charge over property at Upton Place, Weedon Road, Northampton, NN5 4DJ, Shareholders have given a guarantee to the bank limited to £1,650,000 plus interest and costs.
The average number of persons, including directors, employed by the company during the period was as follows:
Mandamore Limited is a private company limited by shares incorporated in England and Wales. The registered office is 7 The Park, South Park View, Gerrards Cross, Buckinghamshire, SL9 8FG.