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REGISTERED NUMBER: 07592838 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MANTRACOM LIMITED

MANTRACOM LIMITED (REGISTERED NUMBER: 07592838)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MANTRACOM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: Mrs S Tombs-Cousins



SECRETARY: Mrs S Tombs-Cousins



REGISTERED OFFICE: Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



REGISTERED NUMBER: 07592838 (England and Wales)



ACCOUNTANTS: Marsland Nash Associates
Chartered Tax Advisers, Accountants
and Business Consultants
Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



BANKERS: Barclays Bank Plc
40 Courtenay Street
Newton Abbot
Devon
TQ12 2EA

MANTRACOM LIMITED (REGISTERED NUMBER: 07592838)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 7,500 8,750
Tangible assets 5 2,103 3,099
Investments 6 35,792 33,997
45,395 45,846

CURRENT ASSETS
Debtors 7 9,540 19,150
Cash at bank 109,658 111,601
119,198 130,751
CREDITORS
Amounts falling due within one year 8 99,077 103,379
NET CURRENT ASSETS 20,121 27,372
TOTAL ASSETS LESS CURRENT LIABILITIES 65,516 73,218

CREDITORS
Amounts falling due after more than one
year

9

(1,667

)

(11,667

)

PROVISIONS FOR LIABILITIES (400 ) (1,207 )
NET ASSETS 63,449 60,344

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 10 5,792 3,997
Retained earnings 57,557 56,247
SHAREHOLDERS' FUNDS 63,449 60,344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

MANTRACOM LIMITED (REGISTERED NUMBER: 07592838)

BALANCE SHEET - continued
31 MARCH 2025


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 30 May 2025 and were signed by:





Mrs S Tombs-Cousins - Director


MANTRACOM LIMITED (REGISTERED NUMBER: 07592838)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Mantracom 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on 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.

Pension costs and other post-retirement benefits
The company operates 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.

MANTRACOM LIMITED (REGISTERED NUMBER: 07592838)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 25,000
AMORTISATION
At 1 April 2024 16,250
Amortisation for year 1,250
At 31 March 2025 17,500
NET BOOK VALUE
At 31 March 2025 7,500
At 31 March 2024 8,750

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024 1,877 2,966 10,231 15,074
Additions 375 - - 375
Disposals (1,141 ) - (4,348 ) (5,489 )
At 31 March 2025 1,111 2,966 5,883 9,960
DEPRECIATION
At 1 April 2024 1,007 1,260 9,708 11,975
Charge for year 144 256 446 846
Eliminated on disposal (616 ) - (4,348 ) (4,964 )
At 31 March 2025 535 1,516 5,806 7,857
NET BOOK VALUE
At 31 March 2025 576 1,450 77 2,103
At 31 March 2024 870 1,706 523 3,099

MANTRACOM LIMITED (REGISTERED NUMBER: 07592838)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2024 33,997
Revaluations 1,795
At 31 March 2025 35,792
NET BOOK VALUE
At 31 March 2025 35,792
At 31 March 2024 33,997

Cost or valuation at 31 March 2025 is represented by:

Other
investments
£   
Valuation in 2023 34,071
Valuation in 2024 (74 )
Valuation in 2025 1,795
35,792

If the corporate investment bond had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 30,000 30,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 7,498 7,935
Directors' current accounts - 8,195
Prepayments 2,042 3,020
9,540 19,150

MANTRACOM LIMITED (REGISTERED NUMBER: 07592838)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,002 10,000
Trade creditors 25,322 38,958
Tax 14,016 7,011
Social security and other taxes 1,530 1,469
VAT 11,522 5,165
Other creditors 33,451 40,414
Directors' current accounts 2,934 -
Accrued expenses 300 362
99,077 103,379

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 2-5 years 1,667 11,667

10. RESERVES
Revaluation
reserve
£   
At 1 April 2024 3,997
Revaluation reserve 1,795

At 31 March 2025 5,792

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
Mrs S Tombs-Cousins
Balance outstanding at start of year 8,195 (28,493 )
Amounts advanced 42,737 58,706
Amounts repaid (53,866 ) (22,018 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,934 ) 8,195

Loans are made interest free and repayable on demand.

12. RELATED PARTY DISCLOSURES

During the year, total dividends of £50,000 (2024 - £21,000) were paid to the director .

13. GOVERNMENT GUARANTEED LOAN

The bank loan of £11,667 is a COVID-19 Bounce Back Loan, guaranteed by the government. Term runs to May 2026.