IRIS Accounts Production v24.3.0.553 12494111 director 1.4.23 31.3.24 31.3.24 false true false false true false A Ordinary 1.00000 B Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124941112023-03-31124941112024-03-31124941112023-04-012024-03-31124941112022-03-31124941112022-04-012023-03-31124941112023-03-3112494111ns15:EnglandWales2023-04-012024-03-3112494111ns14:PoundSterling2023-04-012024-03-3112494111ns10:Director12023-04-012024-03-3112494111ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3112494111ns10:SmallEntities2023-04-012024-03-3112494111ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3112494111ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3112494111ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3112494111ns10:AbridgedAccounts2023-04-012024-03-3112494111ns10:OrdinaryShareClass12023-04-012024-03-3112494111ns10:OrdinaryShareClass22023-04-012024-03-3112494111ns10:RegisteredOffice2023-04-012024-03-3112494111ns5:CurrentFinancialInstruments2024-03-3112494111ns5:CurrentFinancialInstruments2023-03-3112494111ns5:ShareCapital2024-03-3112494111ns5:ShareCapital2023-03-3112494111ns5:RetainedEarningsAccumulatedLosses2024-03-3112494111ns5:RetainedEarningsAccumulatedLosses2023-03-3112494111ns5:FurnitureFittings2023-04-012024-03-3112494111ns5:ComputerEquipment2023-04-012024-03-3112494111ns10:OrdinaryShareClass12024-03-3112494111ns10:OrdinaryShareClass22024-03-31
REGISTERED NUMBER: 12494111 (England and Wales)















Mindpin Limited

Abridged Financial Statements for the Year Ended 31st March 2024






Mindpin Limited (Registered number: 12494111)






Contents of the Financial Statements
for the year ended 31st March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Mindpin Limited

Company Information
for the year ended 31st March 2024







Director: H A Scott





Registered office: 1-3 High Street
Great Dunmow
Essex
CM6 1UU





Registered number: 12494111 (England and Wales)





Accountants: Walters & Company
Certified Practising Accountants
1-3 High Street
Great Dunmow
Essex
CM6 1UU

Mindpin Limited (Registered number: 12494111)

Abridged Balance Sheet
31st March 2024

31/3/24 31/3/23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 7,700 5,975
Investments 5 53,257 40,757
60,957 46,732

Current assets
Cash at bank and in hand 256,017 673,977

Creditors
Amounts falling due within one year 8,164 117,460
Net current assets 247,853 556,517
Total assets less current liabilities 308,810 603,249

Provisions for liabilities 1,540 -
Net assets 307,270 603,249

Capital and reserves
Called up share capital 6 110 110
Retained earnings 307,160 603,139
Shareholders' funds 307,270 603,249

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

Mindpin Limited (Registered number: 12494111)

Abridged Balance Sheet - continued
31st March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 8th November 2024 and were signed by:





H A Scott - Director


Mindpin Limited (Registered number: 12494111)

Notes to the Financial Statements
for the year ended 31st March 2024

1. Statutory information

Mindpin 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

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.

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.

Mindpin Limited (Registered number: 12494111)

Notes to the Financial Statements - continued
for the year ended 31st March 2024

3. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

4. Tangible fixed assets
Totals
£   
Cost
At 1st April 2023 11,248
Additions 4,291
At 31st March 2024 15,539
Depreciation
At 1st April 2023 5,273
Charge for year 2,566
At 31st March 2024 7,839
Net book value
At 31st March 2024 7,700
At 31st March 2023 5,975

5. Fixed asset investments

Information on investments other than loans is as follows:
Totals
£   
Cost
At 1st April 2023 40,757
Additions 12,500
At 31st March 2024 53,257
Net book value
At 31st March 2024 53,257
At 31st March 2023 40,757

6. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/24 31/3/23
value: £    £   
100 A Ordinary 1 100 100
10 B Ordinary 1 10 10
110 110