1 February 2024 false No description of principal activity Taxfiler 2024.6 SC719832business:PrivateLimitedCompanyLtd2024-02-012025-01-31 SC7198322024-01-31 SC7198322024-02-012025-01-31 SC719832business:AuditExempt-NoAccountantsReport2024-02-012025-01-31 SC719832business:FilletedAccounts2024-02-012025-01-31 SC7198322025-01-31 SC719832business:Director12024-02-012025-01-31 SC719832business:RegisteredOffice2024-02-012025-01-31 SC7198322024-01-31 SC719832core:WithinOneYear2025-01-31 SC719832core:WithinOneYear2024-01-31 SC719832core:AfterOneYear2025-01-31 SC719832core:AfterOneYear2024-01-31 SC719832core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 SC719832core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 SC719832core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 SC719832core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 SC719832core:PreviouslyStatedAmount2025-01-31 SC719832core:PreviouslyStatedAmount2024-01-31 SC719832business:SmallEntities2024-02-012025-01-31 SC719832countries:Scotland2024-02-012025-01-31 SC719832core:PlantMachinery2024-01-31 SC719832core:ComputerEquipment2024-01-31 SC719832core:PlantMachinery2024-02-012025-01-31 SC719832core:ComputerEquipment2024-02-012025-01-31 SC719832core:PlantMachinery2025-01-31 SC719832core:ComputerEquipment2025-01-31 SC7198322023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. SC719832 (Scotland)
Mind Forestry LTD Unaudited accounts for the year ended 31 January 2025
Mind Forestry LTD Unaudited accounts Contents
Page
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Mind Forestry LTD Company Information for the year ended 31 January 2025
Director
Modestas Trunce
Company Number
SC719832 (Scotland)
Registered Office
17 BRUCE AVENUE DUNBLANE FK15 9JB SCOTLAND
Accountants
MQplus LTD Office 801 321-323 High Road Chadwell Heath RM6 6AX
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Mind Forestry LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
136,809 
120,625 
Current assets
Debtors
35,630 
33,295 
Cash at bank and in hand
205,382 
220,255 
241,012 
253,550 
Creditors: amounts falling due within one year
(19,089)
(80,841)
Net current assets
221,923 
172,709 
Total assets less current liabilities
358,732 
293,334 
Creditors: amounts falling due after more than one year
(16,959)
(34,207)
Net assets
341,773 
259,127 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
341,673 
259,027 
Shareholders' funds
341,773 
259,127 
For the year ending 31 January 2025 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 5 March 2025 and were signed on its behalf by
Modestas Trunce Director Company Registration No. SC719832
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Mind Forestry LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Mind Forestry LTD is a private company, limited by shares, registered in Scotland, registration number SC719832. The registered office is 17 BRUCE AVENUE, DUNBLANE, FK15 9JB, SCOTLAND.
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.
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:
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
130,574 
2,388 
132,962 
Additions
43,535 
- 
43,535 
Disposals
(6,230)
- 
(6,230)
At 31 January 2025
167,879 
2,388 
170,267 
Depreciation
At 1 February 2024
11,860 
477 
12,337 
Charge for the year
20,644 
477 
21,121 
At 31 January 2025
32,504 
954 
33,458 
Net book value
At 31 January 2025
135,375 
1,434 
136,809 
At 31 January 2024
118,714 
1,911 
120,625 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
11,363 
Trade debtors
35,630 
21,932 
35,630 
33,295 
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Mind Forestry LTD Notes to the Accounts for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
29,151 
42,330 
Trade creditors
1,614 
- 
Taxes and social security
30,225 
35,770 
Loans from directors
(41,901)
2,741 
19,089 
80,841 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
15,267 
32,061 
Other creditors
42 
39 
Taxes and social security
- 
2,107 
Loans from directors
1,650 
- 
16,959 
34,207 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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