1 April 2024 v2025.31.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP097966642024-04-012025-03-31097966642025-03-31097966642024-03-3109796664core:WithinOneYear2025-03-3109796664core:WithinOneYear2024-03-3109796664core:ShareCapital2025-03-3109796664core:ShareCapital2024-03-3109796664core:RetainedEarningsAccumulatedLosses2025-03-3109796664core:RetainedEarningsAccumulatedLosses2024-03-3109796664bus:Director12024-04-012025-03-3109796664bus:RegisteredOffice2024-04-012025-03-3109796664core:LandBuildings2024-04-012025-03-3109796664core:MotorVehicles2024-04-012025-03-3109796664core:PlantMachinery2024-04-012025-03-3109796664core:OfficeEquipment2024-04-012025-03-3109796664core:FurnitureFittings2024-04-012025-03-31097966642023-04-012024-03-3109796664core:LandBuildings2024-04-0109796664core:PlantMachinery2024-04-01097966642024-04-0109796664core:LandBuildings2025-03-3109796664core:PlantMachinery2025-03-3109796664core:LandBuildings2024-03-3109796664core:PlantMachinery2024-03-310979666412024-04-012025-03-3109796664countries:EnglandWales2024-04-012025-03-3109796664bus:AuditExemptWithAccountantsReport2024-04-012025-03-3109796664bus:PrivateLimitedCompanyLtd2024-04-012025-03-3109796664bus:SmallEntities2024-04-012025-03-3109796664bus:FullAccounts2024-04-012025-03-31
Company registration number:
09796664
Minima Sliding Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2025
Minima Sliding Limited
Statement of Financial Position
31 March 2025
20252024
Note££
Fixed assets    
Tangible assets 5
60,709
 
89,490
 
Current assets    
Debtors 6
378,508
 
226,576
 
Cash at bank and in hand
215,787
 
64,394
 
594,295
 
290,970
 
Creditors: amounts falling due within one year 7
(266,829
)
(217,324
)
Net current assets
327,466
 
73,646
 
Total assets less current liabilities 388,175   163,136  
Provisions for liabilities
(15,178
)
(22,373
)
Net assets
372,997
 
140,763
 
Capital and reserves    
Called up share capital
115
 
102
 
Profit and loss account
372,882
 
140,661
 
Shareholders funds
372,997
 
140,763
 
For the year ending
31 March 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
22 May 2025
, and are signed on behalf of the board by:
Mrs Anne-Celine Smith
Director
Company registration number:
09796664
Minima Sliding Limited
Notes to the Financial Statements
Year ended
31 March 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
4 Adams Wharf
,
East Peckham
,
Tonbridge
,
Kent
,
TN12 5EJ
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Land and buildings
20% straight line
Motor vehicles
25% straight line
Plant and machinery
20% straight line
Office equipment
20% straight line
Fixtures and fittings
10% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
11
(2024:
10.00
).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 April 2024
102,314
 
109,195
 
211,509
 
Additions
13,394
 
4,536
 
17,930
 
At
31 March 2025
115,708
 
113,731
 
229,439
 
Depreciation      
At
1 April 2024
71,481
 
50,538
 
122,019
 
Charge
21,881
 
24,830
 
46,711
 
At
31 March 2025
93,362
 
75,368
 
168,730
 
Carrying amount      
At
31 March 2025
22,346
 
38,363
 
60,709
 
At 31 March 2024
30,833
 
58,657
 
89,490
 

6 Debtors

20252024
££
Trade debtors
46,584
 
79,547
 
Other debtors
331,924
 
147,029
 
378,508
 
226,576
 

7 Creditors: amounts falling due within one year

20252024
££
Trade creditors
42,686
 
79,054
 
Taxation and social security
220,208
 
135,901
 
Other creditors
3,935
 
2,369
 
266,829
 
217,324
 

8 Share capital

During the period, the company had ordinary share capital (£1 per share) of £105 Allotted, called up and fully paid (2024: £102).
During the period, the company had ordinary A share capital (£1 per share) of £4 Allotted, called up and fully paid (2024: £Nil).
During the period, the company had ordinary B share capital (£1 per share) of £2 Allotted, called up and fully paid (2024: £Nil).
During the period, the company had ordinary C share capital (£1 per share) of £2 Allotted, called up and fully paid (2024: £Nil).
During the period, the company had ordinary D share capital (£1 per share) of £2 Allotted, called up and fully paid (2024: £Nil).