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REGISTERED NUMBER: 03163922 (England and Wales)














Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Mentow Enterprises Limited

Mentow Enterprises Limited (Registered number: 03163922)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Mentow Enterprises Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: Mrs N Smith
R J Bond





SECRETARY: Mrs G Bond





REGISTERED OFFICE: 4 Riverview
Walnut Tree Close
Guildford
Surrey
GU1 4UX





REGISTERED NUMBER: 03163922 (England and Wales)





ACCOUNTANTS: Bristow Burrell
4 Riverview
Walnut Tree Close
Guildford
Surrey
GU1 4UX

Mentow Enterprises Limited (Registered number: 03163922)

Balance Sheet
28 February 2025

28.2.25 28.2.24
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 6,685,677 6,685,677

CURRENT ASSETS
Debtors 6 60,338 43,900
Cash at bank 59,219 59,050
119,557 102,950
CREDITORS
Amounts falling due within one
year

7

56,934

59,556
NET CURRENT ASSETS 62,623 43,394
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,748,300

6,729,071

CREDITORS
Amounts falling due after more
than one year

8

(2,217,675

)

(2,217,675

)

PROVISIONS FOR LIABILITIES (213,689 ) (213,689 )
NET ASSETS 4,316,936 4,297,707

CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 1,775,951 1,775,951
Retained earnings 2,540,885 2,521,656
SHAREHOLDERS' FUNDS 4,316,936 4,297,707

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 May 2025 and were signed on its behalf by:





R J Bond - Director


Mentow Enterprises Limited (Registered number: 03163922)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Mentow Enterprises Limited 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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 29 February 2024
and 28 February 2025 6,685,677
NET BOOK VALUE
At 28 February 2025 6,685,677
At 28 February 2024 6,685,677

Fair value at 28 February 2025 is represented by:
£   
Valuation in 2017 735,000
Valuation in 2022 389,950
Valuation in 2023 10,325
Cost 5,550,402
6,685,677

If investment property had not been revalued it would have been included at the following historical cost:

28.2.25 28.2.24
£    £   
Cost 5,550,402 5,550,402

Investment property was valued on a current market value basis on 28 February 2023 by Allied Surveyors and Stirling Acroyd .

The Directors take the view that the fair value at the year end is not materially different from this valuation.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 28.2.24
£    £   
Other debtors 60,338 43,900

Mentow Enterprises Limited (Registered number: 03163922)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 28.2.24
£    £   
Taxation and social security 3,774 -
Other creditors 53,160 59,556
56,934 59,556

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.25 28.2.24
£    £   
Bank loans 2,217,675 2,217,675

9. SECURED DEBTS

The following secured debts are included within creditors:

28.2.25 28.2.24
£    £   
Bank loans 2,217,675 2,217,675

The Bank loans are secured by a mortgage over the investment properties of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 28.2.24
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Fair
value
reserve
£   
At 29 February 2024
and 28 February 2025 1,775,951

12. ULTIMATE CONTROLLING PARTY

Mentow Enterprises Limited is controlled by Mrs N Smith and Mr R J Bond by virtue of their controlling shareholding.