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Company Registration No. 13241919 (England and Wales)
Mint Buildings Ltd Unaudited accounts for the year ended 30 June 2024
Mint Buildings Ltd Unaudited accounts Contents
Page
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Mint Buildings Ltd Company Information for the year ended 30 June 2024
Director
S Kavanagh
Company Number
13241919 (England and Wales)
Registered Office
26 Teal Way Iwade Sittingbourne Kent ME9 8QU
Accountants
Attire Accounting Limited 45 Granville Drive Herne Bay Kent CT6 7QZ
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Mint Buildings Ltd for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mint Buildings Ltd for the year ended 30 June 2024 as set out on pages 5 - 7 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/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Mint Buildings Ltd, as a body, in accordance with the terms of our engagement letter dated 16 June 2022. Our work has been undertaken solely to prepare for your approval the accounts of Mint Buildings Ltd and state those matters that we have agreed to state to the Board of Directors of Mint Buildings Ltd, 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 Mint Buildings Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Mint Buildings Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Mint Buildings Ltd. You consider that Mint Buildings Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Mint Buildings Ltd. 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 accounts.
Attire Accounting Limited Chartered Certified Accountants 45 Granville Drive Herne Bay Kent CT6 7QZ 24 March 2025
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Mint Buildings Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,787 
13,050 
Current assets
Debtors
746,470 
739,417 
Cash at bank and in hand
3,824 
2,119 
750,294 
741,536 
Creditors: amounts falling due within one year
(28,385)
(20,650)
Net current assets
721,909 
720,886 
Total assets less current liabilities
731,696 
733,936 
Creditors: amounts falling due after more than one year
(723,646)
(723,646)
Net assets
8,050 
10,290 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
7,950 
10,190 
Shareholders' funds
8,050 
10,290 
For the year ending 30 June 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 24 March 2025 and were signed on its behalf by
S Kavanagh Director Company Registration No. 13241919
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Mint Buildings Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Mint Buildings Ltd is a private company, limited by shares, registered in England and Wales, registration number 13241919. The registered office is 26 Teal Way, Iwade, Sittingbourne, Kent, ME9 8QU.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
25% straight line basis
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 July 2023
15,343 
At 30 June 2024
15,343 
Depreciation
At 1 July 2023
2,293 
Charge for the year
3,263 
At 30 June 2024
5,556 
Net book value
At 30 June 2024
9,787 
At 30 June 2023
13,050 
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Mint Buildings Ltd Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
746,470 
739,417 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
- 
4,775 
Loans from directors
24,720 
14,408 
Accruals
3,665 
1,467 
28,385 
20,650 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
723,646 
723,646 
Aggregate of amounts that fall due for payment after five years
723,646 
723,646 
The mortgages held are secured against the investment properties of the parent company, Mint Assets Ltd, and at the balance sheet date these amounted to £723,646.
8
Controlling party
The controlling party is the holding company, Mint Assets Ltd, and the ultimate controlling party is S Kavanagh, the director, by virtue of his shareholding in the holding company, Mint Assets Ltd.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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