1 April 2024 false No description of principal activity Taxfiler 2024.6 14724825business:PrivateLimitedCompanyLtd2024-04-012025-03-31 147248252024-03-31 147248252024-04-012025-03-31 14724825business:AuditExemptWithAccountantsReport2024-04-012025-03-31 14724825business:FilletedAccounts2024-04-012025-03-31 147248252025-03-31 14724825business:Director12024-04-012025-03-31 14724825business:Director22024-04-012025-03-31 14724825business:RegisteredOffice2024-04-012025-03-31 147248252024-03-31 14724825core:WithinOneYear2025-03-31 14724825core:WithinOneYear2024-03-31 14724825core:AfterOneYear2025-03-31 14724825core:AfterOneYear2024-03-31 14724825core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 14724825core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 14724825core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 14724825core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 14724825core:PreviouslyStatedAmount2025-03-31 14724825core:PreviouslyStatedAmount2024-03-31 14724825business:SmallEntities2024-04-012025-03-31 14724825countries:EnglandWales2024-04-012025-03-31 14724825core:PlantMachinery2024-04-012025-03-31 14724825core:MotorVehicles2024-04-012025-03-31 14724825core:PlantMachinery2024-03-31 14724825core:MotorVehicles2024-03-31 14724825core:PlantMachinery2025-03-31 14724825core:MotorVehicles2025-03-31 147248252023-03-132024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 14724825 (England and Wales)
Mexzim Ltd Unaudited accounts for the year ended 31 March 2025
Mexzim Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Mexzim Ltd Company Information for the year ended 31 March 2025
Directors
Mr John Deane Miss Carla Viladomat
Company Number
14724825 (England and Wales)
Registered Office
9a Cliff Road Newquay TR7 2NE England
Accountants
Chynance Accountancy Services Ltd 2 King Mark House Stret Constantine Newquay Cornwall TR7 1GF
- 3 -
Mexzim Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Called up share capital not paid
2 
2 
Fixed assets
Tangible assets
4
4,219 
5,625 
Current assets
Debtors
5
7,560 
- 
Cash at bank and in hand
15,868 
27,277 
23,428 
27,277 
Creditors: amounts falling due within one year
6
(20,406)
(27,229)
Net current assets
3,022 
48 
Total assets less current liabilities
7,243 
5,675 
Creditors: amounts falling due after more than one year
7
- 
(3,337)
Net assets
7,243 
2,338 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
7,241 
2,336 
Shareholders' funds
7,243 
2,338 
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by
Mr John Deane Director Company Registration No. 14724825
- 4 -
Mexzim Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Mexzim Ltd is a private company, limited by shares, registered in England and Wales, registration number 14724825. The registered office is 9a Cliff Road, Newquay, TR7 2NE, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
2,000 
5,500 
7,500 
At 31 March 2025
2,000 
5,500 
7,500 
Depreciation
At 1 April 2024
500 
1,375 
1,875 
Charge for the year
375 
1,031 
1,406 
At 31 March 2025
875 
2,406 
3,281 
Net book value
At 31 March 2025
1,125 
3,094 
4,219 
At 31 March 2024
1,500 
4,125 
5,625 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
7,560 
- 
- 5 -
Mexzim Ltd Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
598 
- 
Trade creditors
- 
4,754 
Amounts owed to group undertakings and other participating interests
1,495 
3,557 
Taxes and social security
- 
2,918 
Loans from directors
10,815 
16,000 
Deferred income
7,498 
- 
20,406 
27,229 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Loans from directors
- 
3,337 
8
Transactions with related parties
During the year the Company paid rent to El Huichol Ltd, a company owned under common control of £7,000 (2024: £18,000). The Company invoiced El Huichol Ltd management charges of £6,300 + vat.
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 6 -