REGISTERED NUMBER: 12678591 (England and Wales)

Mangrai Limited

Unaudited Financial Statements for the Year Ended 30 June 2025

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Dr K Thinn

REGISTERED OFFICE:

4 King Square

Bridgwater

Somerset

TA6 3YF

REGISTERED NUMBER:

12678591 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

BANKERS:

Starling Bank

3rd Floor

2 Finsbury Avenue

London

EC2M 2PP

FIXED ASSETS

Tangible assets

5

966

1,208

Investment property

6

550,000

550,000

550,966

551,208

CURRENT ASSETS

Debtors

382

349

Cash at bank

14,695

2,514

15,077

2,863

CREDITORS

Amounts falling due within one year

258,016

258,895

NET CURRENT LIABILITIES

(242,939

)

(256,032

)

TOTAL ASSETS LESS CURRENT LIABILITIES

308,027

295,176

CREDITORS

Amounts falling due after more than one year

7

(219,983

)

(219,983

)

PROVISIONS FOR LIABILITIES

9

(12,364

)

(12,410

)

NET ASSETS

75,680

62,783

CAPITAL AND RESERVES

Called up share capital

10

1

1

Revaluation reserve

11

51,928

51,928

Retained earnings

23,751

10,854

SHAREHOLDERS' FUNDS

75,680

62,783

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 30 June 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 9 December 2025 and were signed by:

Dr K Thinn - Director

1.	STATUTORY INFORMATION

Mangrai 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and Fittings - 20% Reducing Balance

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2024

and 30 June 2025

2,867

DEPRECIATION

At 1 July 2024

1,659

Charge for year

242

At 30 June 2025

1,901

NET BOOK VALUE

At 30 June 2025

966

At 30 June 2024

1,208

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

and 30 June 2025

550,000

NET BOOK VALUE

At 30 June 2025

550,000

At 30 June 2024

550,000

Fair value at 30 June 2025 is represented by:

£

Valuation in 2023

485,892

Valuation in 2024

64,108

550,000

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

30.6.25

30.6.24

£

£

Repayable otherwise than by instalments

Other loans

219,983

219,983

8.

LOANS

An analysis of the maturity of loans is given below:

30.6.25

30.6.24

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans

219,983

219,983

9.	PROVISIONS FOR LIABILITIES

30.6.25

30.6.24

£

£

Deferred tax

12,364

12,410

Deferred

tax

£

Balance at 1 July 2024

12,410

Credit to Income Statement during year

(46

)

Balance at 30 June 2025

12,364

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

1

'A' Ordinary

£1

1

1

11.

RESERVES

Revaluation

reserve

£

At 1 July 2024

and 30 June 2025

51,928

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Dr K Thinn.