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REGISTERED NUMBER: 12137378 (England and Wales)













Financial Statements

for the Year Ended 31 March 2025

for

Minting Holdings Ltd

Minting Holdings Ltd (Registered number: 12137378)






Contents of the Financial Statements
for the year ended 31 March 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Minting Holdings Ltd

Company Information
for the year ended 31 March 2025







DIRECTORS: Mrs G J Summers
Mr S N Summers



REGISTERED OFFICE: Unit 6-7 Merlin Court, Sunderland Road
Northfields Industrial Estate
Market Deeping
PETERBOROUGH
Lincolnshire
PE6 8FD



REGISTERED NUMBER: 12137378 (England and Wales)



ACCOUNTANTS: Nicholsons
Chartered Accountants
Newland House
The Point
Weaver Road
LINCOLN
Lincolnshire
LN6 3QN



BANKERS: Barclays Bank Plc
STAMFORD
Lincolnshire
LE87 2BB

Minting Holdings Ltd (Registered number: 12137378)

Abridged Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 253,826 307,900
Tangible assets 5 2,816 4,024
Investments 6 4 4
256,646 311,928

CURRENT ASSETS
Stocks 8,498 11,528
Debtors 64,893 36,449
Cash at bank and in hand 1,208 614
74,599 48,591
CREDITORS
Amounts falling due within one year 255,574 274,929
NET CURRENT LIABILITIES (180,975 ) (226,338 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,671

85,590

CREDITORS
Amounts falling due after more than
one year

34,043

76,778
NET ASSETS 41,628 8,812

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 41,528 8,712
41,628 8,812

Minting Holdings Ltd (Registered number: 12137378)

Abridged Balance Sheet - continued
31 March 2025


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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 27 June 2025 and were signed on its behalf by:




Mrs G J Summers - Director



Mr S N Summers - Director


Minting Holdings Ltd (Registered number: 12137378)

Notes to the Financial Statements
for the year ended 31 March 2025

1. STATUTORY INFORMATION

Minting Holdings Ltd 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.

Preparation of consolidated financial statements
The financial statements contain information about Minting Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 2022, is being amortised evenly over its estimated useful life of ten 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.

Patents and licences are being amortised evenly over their estimated useful life of five years.

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 - 20% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


Minting Holdings Ltd (Registered number: 12137378)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 11 ) .

Minting Holdings Ltd (Registered number: 12137378)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024
and 31 March 2025 479,723
AMORTISATION
At 1 April 2024 171,823
Amortisation for year 54,074
At 31 March 2025 225,897
NET BOOK VALUE

At 31 March 2025 253,826
At 31 March 2024 307,900

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024 10,568
Additions 166
At 31 March 2025 10,734
DEPRECIATION
At 1 April 2024 6,544
Charge for year 1,374
At 31 March 2025 7,918
NET BOOK VALUE
At 31 March 2025 2,816
At 31 March 2024 4,024

Minting Holdings Ltd (Registered number: 12137378)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 April 2024
and 31 March 2025 4
NET BOOK VALUE
At 31 March 2025 4
At 31 March 2024 4

7. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank Loans 75,922 118,658

Bank loans are secured by a fixed floating charge over the property.

8. RELATED PARTY DISCLOSURES

As at the balance sheet date £29,718 remains outstanding from Lolium Ltd (2024: £19,070 outstanding from Lolium Ltd)

As at the balance sheet date £11,688 remains outstanding from M&K Trading (Bourne) Ltd. (2024: £4,244 outstanding from M&K Trading (Bourne) Ltd)