Registered number
12165206
Minnetta Ltd
Unaudited Filleted Accounts
31 March 2025
Minnetta Ltd
Registered number: 12165206
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 272 363
Current assets
Debtors 4 3,051 2,247
Cash at bank and in hand 19,520 25,432
22,571 27,679
Creditors: amounts falling due within one year 5 (7,826) (18,592)
Net current assets 14,745 9,087
Net assets 15,017 9,450
Capital and reserves
Called up share capital 100 100
Profit and loss account 14,917 9,350
Shareholder's funds 15,017 9,450
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs N Snell
Director
Approved by the board on 27 May 2025
Minnetta Ltd
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Office equipment 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. No provision for deferred tax has been made since the director is of the opinion that no liability will crystallise in the foreseeable future.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Office equipment
£
Cost
At 1 April 2024 1,529
At 31 March 2025 1,529
Depreciation
At 1 April 2024 1,166
Charge for the year 91
At 31 March 2025 1,257
Net book value
At 31 March 2025 272
At 31 March 2024 363
4 Debtors 2025 2024
£ £
Trade debtors 3,051 2,247
5 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 1,445 2,350
Other creditors 6,381 16,242
7,826 18,592
6 Other information
Minnetta Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Sparrow Hatch
Bower Road
Mersham
TN25 6NW
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