The Mineral Planning Group Limited 31/03/2025 iXBRL

Company registration number: 09719467

The Mineral Planning Group Limited

Unaudited filleted financial statements

31 March 2025

The Mineral Planning Group Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

The Mineral Planning Group Limited

Directors and other information


	Directors	Mr C A Heffernan


	Company number	09719467


	Registered office	Croft House
		Station Road
		Barnoldswick
		Lancashire
		BB18 5NA


	Business address	The Rowan Suite
		Cottingley Business Park
		Bingley
		West Yorkshire
		BD16 1PE


	Accountants	Windle & Bowker Limited
		Croft House
		Station Road
		Barnoldswick
		Lancashire
		BB18 5NA

The Mineral Planning Group Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	5	3,028		6,059
Tangible assets	6	6,660		5,541
		_______		_______
			9,688		11,600

Current assets
Debtors	7	108,187		83,457
Cash at bank and in hand		63,978		120,721
		_______		_______
		172,165		204,178
Creditors: amounts falling due
within one year	8	( 68,746)		( 75,231)
		_______		_______
Net current assets			103,419		128,947
			_______		_______
Total assets less current liabilities			113,107		140,547


Provisions for liabilities			( 1,070)		( 1,178)

			_______		_______
Net assets			112,037		139,369
			_______		_______

Capital and reserves
Called up share capital			50		50
Capital redemption reserve			50		50
Profit and loss account			111,937		139,269
			_______		_______
Shareholders funds			112,037		139,369
			_______		_______

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 20 August 2025 , and are signed on behalf of the board by:

Mr C A Heffernan

Director

Company registration number: 09719467

The Mineral Planning Group Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Croft House, Station Road, Barnoldswick, Lancashire, BB18 5NA.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration receivable for services rendered, net of discounts and Value Added Tax.Turnover is invoiced and recognised on completion of the work undertaken.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Goodwill	-	10 %	straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	25 %	reducing balance
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 8 (2024: 7 ).

5. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	30,305	30,305
	_______	_______
Amortisation
At 1 April 2024	24,246	24,246
Charge for the year	3,031	3,031
	_______	_______
At 31 March 2025	27,277	27,277
	_______	_______
Carrying amount
At 31 March 2025	3,028	3,028
	_______	_______
At 31 March 2024	6,059	6,059
	_______	_______

6. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 April 2024	17,453	20,057	37,510
Additions	4,227	-	4,227
	_______	_______	_______
At 31 March 2025	21,680	20,057	41,737
	_______	_______	_______
Depreciation
At 1 April 2024	15,481	16,488	31,969
Charge for the year	2,216	892	3,108
	_______	_______	_______
At 31 March 2025	17,697	17,380	35,077
	_______	_______	_______
Carrying amount
At 31 March 2025	3,983	2,677	6,660
	_______	_______	_______
At 31 March 2024	1,972	3,569	5,541
	_______	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	98,431	77,260
Other debtors	9,756	6,197
	_______	_______
	108,187	83,457
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	8,396	-
Social security and other taxes	35,032	45,568
Other creditors	25,318	29,663
	_______	_______
	68,746	75,231
	_______	_______

9. Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held seperately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £5,015 (31 March 2024 £4,767 ).

10. Related party transactions

The Directors have provided interest free loans to the company. The balance due to them at the year-end was £10,150 (31 March 2024 - £15,150). This balance is included in creditors falling due within one year. The loans are interest free and repayable on demand.