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REGISTERED NUMBER: 01732870 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

MANTAPLAN LIMITED

MANTAPLAN LIMITED (REGISTERED NUMBER: 01732870)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MANTAPLAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: A P Ayres





SECRETARY:





REGISTERED OFFICE: Hedge House
Hangersley Hill
Ringwood
Hampshire
BH24 3JW





REGISTERED NUMBER: 01732870 (England and Wales)





ACCOUNTANTS: Graham Latham Limited
Hedge House
Hangersley Hill
Ringwood
Hampshire
BH24 3JW

MANTAPLAN LIMITED (REGISTERED NUMBER: 01732870)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 779,186 788,234
Investment property 5 672,398 672,398
1,451,584 1,460,632

CURRENT ASSETS
Stocks 21,084 21,084
Debtors 6 684,082 676,113
Cash at bank and in hand 81,921 114,956
787,087 812,153
CREDITORS
Amounts falling due within one year 7 84,639 90,836
NET CURRENT ASSETS 702,448 721,317
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,154,032

2,181,949

CAPITAL AND RESERVES
Called up share capital 60,600 60,600
Other reserves 500 500
Retained earnings 2,092,932 2,120,849
SHAREHOLDERS' FUNDS 2,154,032 2,181,949

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

MANTAPLAN LIMITED (REGISTERED NUMBER: 01732870)

BALANCE SHEET - continued
31 DECEMBER 2023


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 23 September 2024 and were signed by:





A P Ayres - Director


MANTAPLAN LIMITED (REGISTERED NUMBER: 01732870)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Mantaplan 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.

The company is exempt from preparing consolidated financial statements on the grounds that, taken together with its subsidiary, it qualifies as a small group under section 248 of the Companies Act 1985. These financial statements therefore present information about the company as an individual undertaking and not about its group.

The principal accounting policies of the company have remained unchanged from the previous year and are set out below.


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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 5% on cost
Plant and machinery etc - 25% on reducing balance, 25% on cost and 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


MANTAPLAN LIMITED (REGISTERED NUMBER: 01732870)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Transactions in foreign currencies are translated at the exchange rate ruling at the date of the transaction. All exchange differences are dealt with through the profit and loss account.


Investments
Investments are included at cost less amounts written off. Profits or losses from disposals of fixed asset investments are treated as part of the result from ordinary activities.

Government grants
Government grants in relation to expenditure are credited when the expenditure is charged to profit and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 1,009,175 180,594 1,189,769
Additions 2,940 - 2,940
At 31 December 2023 1,012,115 180,594 1,192,709
DEPRECIATION
At 1 January 2023 238,512 163,023 401,535
Charge for year 9,948 2,040 11,988
At 31 December 2023 248,460 165,063 413,523
NET BOOK VALUE
At 31 December 2023 763,655 15,531 779,186
At 31 December 2022 770,663 17,571 788,234

Included in cost of land and buildings is freehold land of £ 482,487 (2022 - £ 482,487 ) which is not depreciated.

MANTAPLAN LIMITED (REGISTERED NUMBER: 01732870)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 672,398
NET BOOK VALUE
At 31 December 2023 672,398
At 31 December 2022 672,398

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 19,325 12,644
Amounts owed by group undertakings 557,364 557,364
Other debtors 107,393 106,105
684,082 676,113

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 15,000 21,000
Trade creditors 15,564 15,816
Taxation and social security 6,046 4,032
Other creditors 48,029 49,988
84,639 90,836