Company Registration No. 03801020 (England and Wales)
MINT CONDITION (UK) LTD
Unaudited accounts
for the year ended 31 July 2024
MINT CONDITION (UK) LTD
Statement of financial position
as at 31 July 2024
Tangible assets
43,655
50,041
Cash at bank and in hand
35
3
Creditors: amounts falling due within one year
(30,452)
(35,786)
Net current liabilities
(26,914)
(30,949)
Total assets less current liabilities
16,741
19,092
Creditors: amounts falling due after more than one year
(16,538)
(18,948)
Called up share capital
10
10
Revaluation reserve
5,422
5,422
Profit and loss account
(5,229)
(5,288)
Shareholders' funds
203
144
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 11 April 2025 and were signed on its behalf by
Nicholas Simon UPSHALL
Director
Company Registration No. 03801020
MINT CONDITION (UK) LTD
Notes to the Accounts
for the year ended 31 July 2024
MINT CONDITION (UK) LTD is a private company, limited by shares, registered in England and Wales, registration number 03801020. The registered office is THE BARN STEYNE FARM, BINSTED ROAD, BINSTED , ALTON, HAMPSHIRE, GU34 4NU.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
5 years straight line
Fixtures & fittings
15% on reducing balance
Computer equipment
Office Equilment - 15% on reducing balance
Other tangible fixed assets
Small Fitness Equipment 20% reducing balance / Large Fitness Equipment 10% on cost
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2023
26,225
155,146
181,371
At 31 July 2024
26,225
158,857
185,082
At 1 August 2023
8,228
123,102
131,330
Charge for the year
4,695
5,402
10,097
At 31 July 2024
12,923
128,504
141,427
At 31 July 2024
13,302
30,353
43,655
At 31 July 2023
17,997
32,044
50,041
MINT CONDITION (UK) LTD
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,136
1,707
Other creditors
14,002
6,016
Loans from directors
5,943
23,667
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
-
(68)
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).