Company Registration No. 09977595 (England and Wales)
Mint Property Group Limited
Unaudited accounts
for the year ended 31 January 2025
Mint Property Group Limited
Unaudited accounts
Contents
Mint Property Group Limited
Company Information
for the year ended 31 January 2025
Director
Richard Antony Williams
Company Number
09977595 (England and Wales)
Registered Office
57 RICHMOND WALK
ST. ALBANS
AL4 9BB
ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Mint Property Group Limited
Statement of financial position
as at 31 January 2025
Investment property
560,000
560,000
Cash at bank and in hand
665
766
Creditors: amounts falling due within one year
(45,907)
(62,566)
Net current liabilities
(42,832)
(59,390)
Total assets less current liabilities
517,167
500,609
Creditors: amounts falling due after more than one year
(291,115)
(291,115)
Provisions for liabilities
Deferred tax
(40,487)
(40,487)
Net assets
185,565
169,007
Called up share capital
100
100
Revaluation reserve
121,460
121,460
Profit and loss account
64,005
47,447
Shareholders' funds
185,565
169,007
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 August 2025 and were signed on its behalf by
Richard Antony Williams
Director
Company Registration No. 09977595
Mint Property Group Limited
Notes to the Accounts
for the year ended 31 January 2025
Mint Property Group Limited is a private company, limited by shares, registered in England and Wales, registration number 09977595. The registered office is 57 RICHMOND WALK, ST. ALBANS, AL4 9BB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Mint Property Group Limited
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 February 2024
560,000
At 31 January 2025
560,000
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
3,968
1,476
Other creditors
2,410
2,410
Loans from directors
38,557
57,780
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
291,115
291,115
Aggregate of amounts that fall due for payment after five years
291,115
291,115
Included in long term creditors are bank loans secured on investment properties. A personal guarantee has been provided.
Mint Property Group Limited
Notes to the Accounts
for the year ended 31 January 2025
9
Deferred taxation
2025
2024
Revaluation of investment property
40,487
40,487
Provision at start of year
40,487
37,723
Charged to the profit and loss account
-
2,764
Provision at end of year
40,487
40,487
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).