REGISTERED NUMBER: 04367994 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Mantaray Abseil Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N N A Farrer

Mrs L Wielesiuk-Farrer

SECRETARY:

E Farrer

REGISTERED OFFICE:

Unit D

South Cambridge Business Park

Babraham Road

Sawston

Cambridgeshire

CB22 3JH

REGISTERED NUMBER:

04367994 (England and Wales)

ACCOUNTANTS:

Xeinadin

Unit D

South Cambs Business Park

Sawston

Cambridge

Cambridgeshire

CB22 3JH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

41,134

52,034

Investments

6

229,150

229,150

270,284

281,184

CURRENT ASSETS

Debtors

7

189,330

159,767

Cash at bank

1,170,168

1,058,762

1,359,498

1,218,529

CREDITORS

Amounts falling due within one year

8

170,517

110,078

NET CURRENT ASSETS

1,188,981

1,108,451

TOTAL ASSETS LESS CURRENT LIABILITIES

1,459,265

1,389,635

CREDITORS

Amounts falling due after more than one year

9

29,387

29,387

NET ASSETS

1,429,878

1,360,248

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,429,876

1,360,246

SHAREHOLDERS' FUNDS

1,429,878

1,360,248

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

N N A Farrer - Director

1.	STATUTORY INFORMATION

Mantaray Abseil 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

15,000

AMORTISATION

At 1 April 2024

and 31 March 2025

15,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

26,838

108,367

26,327

161,532

Additions

-

-

2,249

2,249

At 31 March 2025

26,838

108,367

28,576

163,781

DEPRECIATION

At 1 April 2024

19,215

71,496

18,787

109,498

Charge for year

1,906

9,217

2,026

13,149

At 31 March 2025

21,121

80,713

20,813

122,647

NET BOOK VALUE

At 31 March 2025

5,717

27,654

7,763

41,134

At 31 March 2024

7,623

36,871

7,540

52,034

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

229,150

NET BOOK VALUE

At 31 March 2025

229,150

At 31 March 2024

229,150

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

99,358

69,924

Other debtors

89,972

89,843

189,330

159,767

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

(111

)

2,590

Taxation and social security

165,221

105,046

Other creditors

5,407

2,442

170,517

110,078

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

29,387

29,387