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Company No: 13863013 (England and Wales)

MINT ROAD (UK) LTD

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

MINT ROAD (UK) LTD

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

MINT ROAD (UK) LTD

COMPANY INFORMATION

For the financial year ended 31 December 2024
MINT ROAD (UK) LTD

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2024
DIRECTOR Michael Patrick Donovan
REGISTERED OFFICE 45 Gresham Street
London
EC2V 7BG
United Kingdom
COMPANY NUMBER 13863013 (England and Wales)
ACCOUNTANT S&W Partners LLP
Onslow House
Onslow Street
Guildford
GU1 4TL
MINT ROAD (UK) LTD

BALANCE SHEET

As at 31 December 2024
MINT ROAD (UK) LTD

BALANCE SHEET (continued)

As at 31 December 2024
Note 2024 2023
£ £
Current assets
Debtors 3 15,563 41,858
Cash at bank and in hand 1,010 6,000
16,573 47,858
Creditors: amounts falling due within one year 4 ( 120,796) ( 468,798)
Net current liabilities (104,223) (420,940)
Total assets less current liabilities (104,223) (420,940)
Net liabilities ( 104,223) ( 420,940)
Capital and reserves
Called-up share capital 1 1
Profit and loss account ( 104,224 ) ( 420,941 )
Total shareholders' deficit ( 104,223) ( 420,940)

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Mint Road (UK) Ltd (registered number: 13863013) were approved and authorised for issue by the Director on 31 July 2025. They were signed on its behalf by:

Michael Patrick Donovan
Director
MINT ROAD (UK) LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
MINT ROAD (UK) LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Mint Road (UK) Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 45 Gresham Street, London, EC2V 7BG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Mint Road (UK) Ltd is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The director has made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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 Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Debtors

2024 2023
£ £
Other taxation and social security 15,563 15,563
Other debtors 0 26,295
15,563 41,858

4. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 2,341 211,377
Amounts owed to related parties 105,537 247,597
Accruals 8,180 3,990
Taxation and social security 0 5,834
Other creditors 4,738 0
120,796 468,798

5. Related party transactions

Transactions with the entity's director

At the balance sheet date the director was owed £4,738 by the company (2023: the director owed the company £26,295). This amount is included within other creditors. The balance includes interest charged at 2% and amount to £225 (2023: £736) during this period.