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REGISTERED NUMBER: 14340560 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

MINDBEAT GLOBAL LTD

MINDBEAT GLOBAL LTD (REGISTERED NUMBER: 14340560)

Contents of the Financial Statements
for the year ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Accountants' Report 6

MINDBEAT GLOBAL LTD

Company Information
for the year ended 31 December 2024







Directors: P Grech
Ms E H Krantz





Registered office: 3rd Floor
86 - 90 Paul Street
London
EC2A 4NE





Registered number: 14340560 (England and Wales)





Accountants: Cooper Parry Advisory Limited
Northside House
69 Tweedy Road
Bromley
Kent
BR1 3WA

MINDBEAT GLOBAL LTD (REGISTERED NUMBER: 14340560)

Balance Sheet
31 December 2024

2024 2023
Notes £ £ £ £
Fixed assets
Investments 4 1,339 1,339

Current assets
Debtors 5 946,607 979,449
Cash at bank 14,684 15,965
961,291 995,414
Creditors
Amounts falling due within one year 6 1,059 1,000
Net current assets 960,232 994,414
Total assets less current liabilities 961,571 995,753

Capital and reserves
Called up share capital 7 1,607 1,607
Share premium 1,022,041 1,022,041
Retained earnings (62,077 ) (27,895 )
Shareholders' funds 961,571 995,753

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2025 and were signed on its behalf by:




Ms E H Krantz - Director


MINDBEAT GLOBAL LTD (REGISTERED NUMBER: 14340560)

Notes to the Financial Statements
for the year ended 31 December 2024


1. Statutory information

Mindbeat Global 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

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

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.


MINDBEAT GLOBAL LTD (REGISTERED NUMBER: 14340560)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


2. Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3. Employees and directors

The average number of employees during the year was NIL (2023 - NIL).

4. Fixed asset investments
Shares in
group
undertakings
£
Cost
At 1 January 2024
and 31 December 2024 1,339
Net book value
At 31 December 2024 1,339
At 31 December 2023 1,339

5. Debtors: amounts falling due within one year
2024 2023
£ £
Amounts owed by group undertakings 946,607 978,896
Other debtors - 553
946,607 979,449

6. Creditors: amounts falling due within one year
2024 2023
£ £
Other creditors 1,059 1,000

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
16,074,316 Ordinary 0.00001 1,607 1,607

MINDBEAT GLOBAL LTD (REGISTERED NUMBER: 14340560)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


7. Called up share capital - continued

On 11 November 2022 1,339 ordinary shares of £1 each were issued in exchange for 1,339 ordinary shares in Mindbeat Limited, a company registered in Malta.

On 15 March 2023 the 1,339 ordinary shares of £1 each were subdivided into 13,390,000 ordinary shares of £0.0001 each.

During the period ended 31 December 2023 2,684,316 ordinary shares of £0.0001 were issued for a premium of £1,022,040.

Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Mindbeat Global Ltd


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mindbeat Global Ltd for the year ended 31 December 2024 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Mindbeat Global Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mindbeat Global Ltd and state those matters that we have agreed to state to the Board of Directors of Mindbeat Global Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mindbeat Global Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Mindbeat Global Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Mindbeat Global Ltd. You consider that Mindbeat Global Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Mindbeat Global Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cooper Parry Advisory Limited
Northside House
69 Tweedy Road
Bromley
Kent
BR1 3WA


14 July 2025