IRIS Accounts Production v25.1.3.33 02255856 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh022558562024-03-31022558562025-03-31022558562024-04-012025-03-31022558562023-03-31022558562023-04-012024-03-31022558562024-03-3102255856ns15:EnglandWales2024-04-012025-03-3102255856ns14:PoundSterling2024-04-012025-03-3102255856ns10:Director12024-04-012025-03-3102255856ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3102255856ns10:SmallEntities2024-04-012025-03-3102255856ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3102255856ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3102255856ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3102255856ns10:FullAccounts2024-04-012025-03-3102255856ns10:Director22024-04-012025-03-3102255856ns10:Director32024-04-012025-03-3102255856ns10:Director42024-04-012025-03-3102255856ns10:CompanySecretary12024-04-012025-03-3102255856ns10:RegisteredOffice2024-04-012025-03-3102255856ns5:CurrentFinancialInstruments2025-03-3102255856ns5:CurrentFinancialInstruments2024-03-3102255856ns5:ShareCapital2025-03-3102255856ns5:ShareCapital2024-03-3102255856ns5:RevaluationReserve2025-03-3102255856ns5:RevaluationReserve2024-03-3102255856ns5:RetainedEarningsAccumulatedLosses2025-03-3102255856ns5:RetainedEarningsAccumulatedLosses2024-03-3102255856ns5:LandBuildings2024-04-012025-03-3102255856ns5:PlantMachinery2024-04-012025-03-3102255856ns5:LandBuildings2024-03-3102255856ns5:PlantMachinery2024-03-3102255856ns5:LandBuildings2025-03-3102255856ns5:PlantMachinery2025-03-3102255856ns5:LandBuildings2024-03-3102255856ns5:PlantMachinery2024-03-3102255856ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3102255856ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3102255856ns5:RevaluationReserve2024-03-31
REGISTERED NUMBER: 02255856 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

MANDGROVE LIMITED

MANDGROVE LIMITED (REGISTERED NUMBER: 02255856)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MANDGROVE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: G V Steinham
Mrs C D Steinham
Mrs S A Pendry
D Steinham





SECRETARY: Mrs C D Steinham





REGISTERED OFFICE: Avalon
Stanley Road
Cheltenham
Gloucestershire
GL52 6PB





REGISTERED NUMBER: 02255856 (England and Wales)





ACCOUNTANTS: Devereux & Co
2 Court Mews
268 London Road
Charlton Kings
Cheltenham
Gloucestershire
GL52 6HS

MANDGROVE LIMITED (REGISTERED NUMBER: 02255856)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 944,260 946,468

CURRENT ASSETS
Debtors 5 46,609 44,859
Cash at bank 509,325 432,868
555,934 477,727
CREDITORS
Amounts falling due within one year 6 43,279 63,377
NET CURRENT ASSETS 512,655 414,350
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,456,915

1,360,818

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 72,449 72,449
Retained earnings 1,384,366 1,288,269
SHAREHOLDERS' FUNDS 1,456,915 1,360,818

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 directors acknowledge their 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 Board of Directors and authorised for issue on 6 June 2025 and were signed on its behalf by:





G V Steinham - Director


MANDGROVE LIMITED (REGISTERED NUMBER: 02255856)

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

1. STATUTORY INFORMATION

Mandgrove 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property
Plant and machinery etc - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

MANDGROVE LIMITED (REGISTERED NUMBER: 02255856)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 937,189 15,948 953,137
DEPRECIATION
At 1 April 2024 - 6,669 6,669
Charge for year - 2,208 2,208
At 31 March 2025 - 8,877 8,877
NET BOOK VALUE
At 31 March 2025 937,189 7,071 944,260
At 31 March 2024 937,189 9,279 946,468

Included in cost of land and buildings is freehold land of £ 937,189 (2024 - £ 937,189 ) which is not depreciated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 46,609 44,859

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 1 (1 )
Taxation and social security 37,913 29,176
Other creditors 5,365 34,202
43,279 63,377

7. RESERVES
Revaluation
reserve
£   
At 1 April 2024
and 31 March 2025 72,449

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £21,000 were paid to the directors .

9. ULTIMATE CONTROLLING PARTY

The controlling party is G V Steinham.