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REGISTERED NUMBER: 11599575 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Mindflex Group Ltd

Mindflex Group Ltd (Registered number: 11599575)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Mindflex Group Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Dr V Moulton





REGISTERED OFFICE: 1 Chalkdell Cottages
Puddephats Lane
Flamstead
Hertfordshire
AL3 8BA





REGISTERED NUMBER: 11599575 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Chartered Accountants
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

Mindflex Group Ltd (Registered number: 11599575)

Statement of Financial Position
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 13,111 13,569

CURRENT ASSETS
Stocks 910 990
Debtors 6 12,445 3,300
Cash at bank 19,019 25,036
32,374 29,326
CREDITORS
Amounts falling due within one year 7 22,428 22,958
NET CURRENT ASSETS 9,946 6,368
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,057

19,937

PROVISIONS FOR LIABILITIES 2,854 2,965
NET ASSETS 20,203 16,972

CAPITAL AND RESERVES
Allotted, called up and fully
paid share capital 1 1
Retained earnings 20,202 16,971
20,203 16,972

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.

Mindflex Group Ltd (Registered number: 11599575)

Statement of Financial Position - 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 June 2025 and were signed by:





Dr V Moulton - Director


Mindflex Group Ltd (Registered number: 11599575)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Mindflex Group 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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.
Plant and machinery etc - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Mindflex Group Ltd (Registered number: 11599575)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. EMPLOYEES AND DIRECTORS

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 17,780
DEPRECIATION
At 1 April 2024 4,211
Charge for year 458
At 31 March 2025 4,669
NET BOOK VALUE
At 31 March 2025 13,111
At 31 March 2024 13,569

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 12,445 3,300

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Tax 16,878 16,837
Social security and other taxes 437 482
VAT 1,375 203
Directors' current accounts 663 3,791
Accrued expenses 3,075 1,645
22,428 22,958