Mend-Rite Ltd 11322461 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is that of building maintenance. Digita Accounts Production Advanced 6.30.9574.0 true 11322461 2024-01-01 2024-12-31 11322461 2024-12-31 11322461 core:RetainedEarningsAccumulatedLosses 2024-12-31 11322461 core:ShareCapital 2024-12-31 11322461 core:CurrentFinancialInstruments 2024-12-31 11322461 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 11322461 core:OfficeEquipment 2024-12-31 11322461 core:PlantMachinery 2024-12-31 11322461 bus:SmallEntities 2024-01-01 2024-12-31 11322461 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 11322461 bus:AbridgedAccounts 2024-01-01 2024-12-31 11322461 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11322461 bus:RegisteredOffice 2024-01-01 2024-12-31 11322461 bus:Director1 2024-01-01 2024-12-31 11322461 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11322461 core:ComputerEquipment 2024-01-01 2024-12-31 11322461 core:OfficeEquipment 2024-01-01 2024-12-31 11322461 core:PlantMachinery 2024-01-01 2024-12-31 11322461 countries:AllCountries 2024-01-01 2024-12-31 11322461 2023-12-31 11322461 core:OfficeEquipment 2023-12-31 11322461 core:PlantMachinery 2023-12-31 11322461 2023-01-01 2023-12-31 11322461 2023-12-31 11322461 core:RetainedEarningsAccumulatedLosses 2023-12-31 11322461 core:ShareCapital 2023-12-31 11322461 core:CurrentFinancialInstruments 2023-12-31 11322461 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 11322461 core:OfficeEquipment 2023-12-31 11322461 core:PlantMachinery 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 11322461

Mend-Rite Ltd
Annual Report and Unaudited Abridged Financial Statements
for the Year Ended 31 December 2024

Mend-Rite Ltd

Contents

Company Information | 1
Abridged Balance Sheet | 2 to 3
Notes to the Unaudited Abridged Financial Statements | 4 to 6

Mend-Rite Ltd

Company Information

Director | Mr Michael Evans

Registered office | Suite 1B1 Argyle House Northside Joel Street Northwood Hills HA6 1NW

Mend-Rite Ltd

(Registration number: 11322461)
Abridged Balance Sheet as at 31 December 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Tangible assets | 3 | - | 46
Current assets |  |  |
Stocks |  | 10,000 | 10,000
Debtors |  | 1,384 | 2,341
Cash at bank and in hand |  | 3,705 | 4,786
|  | 15,089 | 17,127
Creditors: Amounts falling due within one year |  | (14,618) | (14,443)
Net current assets |  | 471 | 2,684
Net assets |  | 471 | 2,730
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 371 | 2,630
Shareholders' funds |  | 471 | 2,730

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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 5 September 2025

Mend-Rite Ltd

(Registration number: 11322461)
Abridged Balance Sheet as at 31 December 2024

......................................... Mr Michael Evans Director |  |

Mend-Rite Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Mend-Rite Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 25% straight line basis
Computer equipment | 25% straight line basis

Stocks

stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

2 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

Mend-Rite Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

3 | Tangible assets

| Plant and machinery £ | Office equipment £ | Total £
Cost or valuation
At 1 January 2024 | 380 | 373 | 753
At 31 December 2024 | 380 | 373 | 753
Depreciation
At 1 January 2024 | 380 | 327 | 707
Charge for the year | - | 46 | 46
At 31 December 2024 | 380 | 373 | 753
Carrying amount
At 31 December 2024 | - | - | -
At 31 December 2023 | - | 46 | 46

4 | Share capital

Allotted, called up and fully paid shares

| 2024 | 2023
| No. | £ | No. | £
Ordinary Shares of £1 each | 100 | 100 | 100 | 100