| Registered number: 03760540 | ||||||||
| FOR THE YEAR ENDED 31/03/2025 | ||||||||
| Prepared By: | ||||||||
| NB Lancaster & Co | ||||||||
| Chartered Accountants | ||||||||
| 6 Brunswick Street | ||||||||
| Carlisle | ||||||||
| Cumbria | ||||||||
| CA1 1PN | ||||||||
| Mintsfeet Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31/03/2025 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 03760540 | ||||||||
| ACCOUNTANTS | ||||||||
| NB Lancaster & Co | ||||||||
| Chartered Accountants | ||||||||
| 6 Brunswick Street | ||||||||
| Carlisle | ||||||||
| Cumbria | ||||||||
| CA1 1PN | ||||||||
| Mintsfeet Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31/03/2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Mintsfeet Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | ||||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 4 | |||||||||
| 67,195 | 20,950 | |||||||||
| CREDITORS: Amounts falling due within one year | 5 | |||||||||
| NET CURRENT LIABILITIES | ( | (375,650) | ||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| PROVISIONS FOR LIABILITIES AND CHARGES | ||||||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 6 | |||||||||
| Profit and loss account | 3,437,847 | 3,351,669 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Mintsfeet Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31/03/2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Investment Properties | ||||||||
| Investment properties are included in the financial statements at fair value. No depreciation is provided on such property. Any surplus or deficit is recognised in the profit and loss account. | ||||||||
| 1c. Taxation | ||||||||
| Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. | ||||||||
| 1d. Turnover | ||||||||
| Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. | ||||||||
| Rental income is recgnised as receivable. Any rents received in advance are deferred as applicable. | ||||||||
| 2. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | - | |||||
| Mintsfeet Limited | ||||||||
| 3. INVESTMENT PROPERTIES | ||||||||
| Investment | ||||||||
| Properties | Total | |||||||
| £ | £ | |||||||
| Fair value | ||||||||
| At 01/04/2024 | 4,045,064 | 4,045,064 | ||||||
| Additions | 626,459 | 626,459 | ||||||
| At 31/03/2025 | 4,671,523 | 4,671,523 | ||||||
| In the view of the directors, investment properties are included at fair value at the balance sheet date. The historic cost of these properties is £2,933,233 (2024 - £2,306,774). | ||||||||
| 4. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 36,822 | 18,292 | ||||||
| Other debtors | 27,595 | - | ||||||
| Prepayments | 2,778 | 2,658 | ||||||
| 67,195 | 20,950 | |||||||
| 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| UK corporation tax | 62,060 | 43,098 | ||||||
| VAT | 24,797 | 12,062 | ||||||
| Trade creditors | 369 | 44,407 | ||||||
| Accruals | 119,776 | 102,842 | ||||||
| Amounts due to group companies | 776,124 | 194,191 | ||||||
| 983,126 | 396,600 | |||||||
| 6. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 45000 | 45000 | |||||||
| 45,000 | 45,000 | |||||||
| Mintsfeet Limited | ||||||||
| 7. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||
| 8. PARENT COMPANY | ||||||||
| The ultimate parent company is Mintsfeet Kendal Limited, a company registered in England & Wales. | ||||||||
| The registered office and trading address of the parent company is Fifteen Montgomery Way, Rosehill Industrial Estate, Carlisle, CA1 2RW. | ||||||||
| 9. ADDITIONAL INFORMATION | ||||||||
| The company is a private company, limited by shares and registered in England & Wales. | ||||||||
| The company's registered number is 03760540. | ||||||||
| The company's registered office is Fifteen Montgomery Way, Rosehill Industrial Estate, Carlisle, CA1 2RW. | ||||||||