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REGISTERED NUMBER: 11787309 (England and Wales)
















MNK HOLDINGS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JANUARY 2025






MNK HOLDINGS LTD (REGISTERED NUMBER: 11787309)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JANUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MNK HOLDINGS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JANUARY 2025







DIRECTORS: N J Hibbert
M Hibbert





REGISTERED OFFICE: Lakeside House
15 Mariner Court
Wakefield
West Yorkshire
WF4 3FL





REGISTERED NUMBER: 11787309 (England and Wales)





ACCOUNTANTS: Lakeview Southern Limited
Chartered Accountants
2 Lakeview Stables
Lower St. Clere
Kemsing
Sevenoaks
Kent
TN15 6NL

MNK HOLDINGS LTD (REGISTERED NUMBER: 11787309)

BALANCE SHEET
30 JANUARY 2025

30.1.25 30.1.24
as restated
Notes £    £    £    £   
FIXED ASSETS
Investments 4 661 62,961

CURRENT ASSETS
Debtors 5 145,328 38,953
Cash at bank 11,478 12,243
156,806 51,196
CREDITORS
Amounts falling due within one year 6 91,895 93,835
NET CURRENT ASSETS/(LIABILITIES) 64,911 (42,639 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,572

20,322

CAPITAL AND RESERVES
Called up share capital 353 353
Retained earnings 65,219 19,969
SHAREHOLDERS' FUNDS 65,572 20,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 January 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.

MNK HOLDINGS LTD (REGISTERED NUMBER: 11787309)

BALANCE SHEET - continued
30 JANUARY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by:





N J Hibbert - Director


MNK HOLDINGS LTD (REGISTERED NUMBER: 11787309)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JANUARY 2025


1. STATUTORY INFORMATION

MNK 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.

The groups principal place of business is Lakeside House, 15 Mariner Court, Wakefield, West Yorkshire, WF4 3FL.

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.

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

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classified as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains and losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

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.


MNK HOLDINGS LTD (REGISTERED NUMBER: 11787309)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JANUARY 2025


2. ACCOUNTING POLICIES - continued
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 2 (2024 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 31 January 2024 62,961
Disposals (62,300 )
At 30 January 2025 661
NET BOOK VALUE
At 30 January 2025 661
At 30 January 2024 62,961

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.1.25 30.1.24
as restated
£    £   
Amounts owed by group undertakings 60,050 20,550
Other debtors 85,278 18,403
145,328 38,953

MNK HOLDINGS LTD (REGISTERED NUMBER: 11787309)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JANUARY 2025


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.1.25 30.1.24
as restated
£    £   
Amounts owed to group undertakings 13,000 90,000
Taxation and social security 16,875 -
Other creditors 62,020 3,835
91,895 93,835

7. RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owed £60,820 (2024: £Nil) to LP10 Ltd, a company in which the directors have an interest.
Also at the balance sheet date the company was owed £18,403 (2024: £18,403) by LWM10 Ltd a company in which the directors have an interest.