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REGISTERED NUMBER: 07144956 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

MINERVA PROCUREMENT CONSULTANCY
SERVICES LIMITED

MINERVA PROCUREMENT CONSULTANCY
SERVICES LIMITED (REGISTERED NUMBER: 07144956)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MINERVA PROCUREMENT CONSULTANCY
SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTOR: Mrs L S Simper





REGISTERED OFFICE: Fleming Court
Leigh Road
Eastleigh
Southampton
Hampshire
SO50 9PD





BUSINESS ADDRESS: 14 Greenwood Drive
Chineham
Basingstoke
Hampshire
RG24 8SY





REGISTERED NUMBER: 07144956 (England and Wales)






MINERVA PROCUREMENT CONSULTANCY
SERVICES LIMITED (REGISTERED NUMBER: 07144956)

BALANCE SHEET
28 FEBRUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 891 2,187

CURRENT ASSETS
Debtors 6 33,688 30,060
Cash at bank and in hand 62,766 40,305
96,454 70,365
CREDITORS
Amounts falling due within one year 7 56,629 38,902
NET CURRENT ASSETS 39,825 31,463
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,716

33,650

CREDITORS
Amounts falling due after more than one year 8 (8,951 ) (18,000 )

PROVISIONS FOR LIABILITIES (193 ) (64 )
NET ASSETS 31,572 15,586

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 31,472 15,486
SHAREHOLDERS' FUNDS 31,572 15,586

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 6 May 2025 and were signed by:





Mrs L S Simper - Director


MINERVA PROCUREMENT CONSULTANCY
SERVICES LIMITED (REGISTERED NUMBER: 07144956)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


1. STATUTORY INFORMATION

Minerva Procurement Consultancy Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 - 15% on reducing balance
Computer equipment - 33% straight line and 20% straight line

All fixed assets are initially recorded at cost.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits
The company contributes to a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

MINERVA PROCUREMENT CONSULTANCY
SERVICES LIMITED (REGISTERED NUMBER: 07144956)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


3. ACCOUNTING POLICIES - continued

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 6 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2024 1,058 3,873 4,931
Disposals (239 ) - (239 )
At 28 February 2025 819 3,873 4,692
DEPRECIATION
At 1 March 2024 921 1,823 2,744
Charge for year 20 1,234 1,254
Eliminated on disposal (197 ) - (197 )
At 28 February 2025 744 3,057 3,801
NET BOOK VALUE
At 28 February 2025 75 816 891
At 29 February 2024 137 2,050 2,187

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 25,388 22,060
Other debtors 8,300 8,000
33,688 30,060

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 12,328 18,274
Trade creditors 5,151 702
Taxation and social security 29,188 15,303
Other creditors 9,962 4,623
56,629 38,902

MINERVA PROCUREMENT CONSULTANCY
SERVICES LIMITED (REGISTERED NUMBER: 07144956)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 8,951 18,000

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 21,279 23,333

The bank loans are secured by the Government (being part of the Bounce Back Loan Scheme (BBLS) in response to the coronavirus outbreak).

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1.00 100 100

11. OTHER FINANCIAL COMMITMENTS

Total future financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £653 (2024: £1,175).

This amount is in relation to operating lease commitments which are payable over the next 1 to 2 years.