Company Registration No. 12662979 (England and Wales)
MINTFIELD LIMITED
Unaudited accounts
for the year ended 31 March 2025
MINTFIELD LIMITED
Unaudited accounts
Contents
MINTFIELD LIMITED
Company Information
for the year ended 31 March 2025
Directors
Gary Bloch
Zvi Steinhart
Company Number
12662979 (England and Wales)
Registered Office
HIGHBANK
GREENBANK CRESCENT
LONDON
NW4 2LA
ENGLAND
Accountants
ABDY Accounting Services
72 Charteris Road
LONDON
West Hampstead
NW6 7EX
MINTFIELD LIMITED
Statement of financial position
as at 31 March 2025
Investment property
650,000
650,000
Cash at bank and in hand
26,473
9,022
Creditors: amounts falling due within one year
(4,254)
(3,724)
Net current assets
23,521
5,880
Total assets less current liabilities
673,521
655,880
Creditors: amounts falling due after more than one year
(433,646)
(440,299)
Provisions for liabilities
Deferred tax
(44,620)
(44,620)
Net assets
195,255
170,961
Called up share capital
100
100
Profit and loss account
195,155
170,861
Shareholders' funds
195,255
170,961
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 24 December 2025 and were signed on its behalf by
Gary Bloch
Director
Company Registration No. 12662979
MINTFIELD LIMITED
Notes to the Accounts
for the year ended 31 March 2025
MINTFIELD LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12662979. The registered office is HIGHBANK, GREENBANK CRESCENT, LONDON, NW4 2LA, ENGLAND.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value
added tax and other sales taxes.
Investment Property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.
Investment Property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss
No Depreciation is provided in respect of investment property applying the fair value model
Investment property fair value is determined by the directors based on their understand of property market conditions and the specific property or valuations received
MINTFIELD LIMITED
Notes to the Accounts
for the year ended 31 March 2025
A financial asset or a financial liability is recognised only when the entity 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 unless they are classified as receivable within one year in which case they are measured at the undiscounted amount of the cash or other consideration expected to be
received net of impairment.
Financial liabilities that are classified as payable within one year are subsequently measured at the undiscounted amount of the cash or other consideration expected to be paid.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset or settle the liability simultaneously
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except tothe 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 balance sheet date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 willbe recovered against the reversal of deferred tax liabilities or other future taxable profits.
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Average number of employees
During the year the average number of employees was 0 (2024: 0).