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Company Registration No. 09977595 (England and Wales)
Mint Property Group Limited Unaudited accounts for the year ended 31 January 2024
Mint Property Group Limited Unaudited accounts Contents
Page
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Mint Property Group Limited Company Information for the year ended 31 January 2024
Director
Richard Antony Williams
Company Number
09977595 (England and Wales)
Registered Office
57 RICHMOND WALK ST. ALBANS AL4 9BB ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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Mint Property Group Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
(1)
352 
Investment property
560,000 
570,000 
559,999 
570,352 
Current assets
Debtors
2,410 
2,410 
Cash at bank and in hand
766 
412 
3,176 
2,822 
Creditors: amounts falling due within one year
(62,567)
(112,086)
Net current liabilities
(59,391)
(109,264)
Total assets less current liabilities
500,608 
461,088 
Creditors: amounts falling due after more than one year
(291,115)
(247,534)
Provisions for liabilities
Deferred tax
(40,487)
(37,723)
Net assets
169,006 
175,831 
Capital and reserves
Revaluation reserve
161,947 
171,947 
Profit and loss account
7,059 
3,884 
Shareholders' funds
169,006 
175,831 
For the year ending 31 January 2024 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 director acknowledges his 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 and authorised for issue on 29 August 2024 and were signed on its behalf by
Richard Antony Williams Director Company Registration No. 09977595
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Mint Property Group Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Mint Property Group Limited is a private company, limited by shares, registered in England and Wales, registration number 09977595. The registered office is 57 RICHMOND WALK, ST. ALBANS, AL4 9BB, 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:
Fixtures & fittings
33% on cost
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Mint Property Group Limited Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 February 2023
2,108 
At 31 January 2024
2,108 
Depreciation
At 1 February 2023
1,756 
Charge for the year
353 
At 31 January 2024
2,109 
Net book value
At 31 January 2024
(1)
At 31 January 2023
352 
5
Investment property
2024 
£ 
Fair value at 1 February 2023
570,000 
Net loss from fair value adjustments
(10,000)
At 31 January 2024
560,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
2,410 
2,410 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,476 
3,669 
Other creditors
2,410 
2,410 
Loans from directors
57,781 
105,327 
Accruals
900 
680 
62,567 
112,086 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
291,115 
247,534 
Aggregate of amounts that fall due for payment after five years
291,115 
247,534 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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