REGISTERED NUMBER: 05597949 (England and Wales)

Report of the Director and

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Mitchells Group Limited

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTOR:

D C Mitchell

SECRETARY:

D C Mitchell

REGISTERED OFFICE:

Stonelands House

Litton

Skipton

BD235QH

REGISTERED NUMBER:

05597949 (England and Wales)

The director presents his report with the financial statements of the company for the year ended 31 March 2025.

DIRECTOR

D C Mitchell held office during the whole of the period from 1 April 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

D C Mitchell - Director

29 December 2025

TURNOVER

196,359

337,628

Administrative expenses

148,735

252,212

47,624

85,416

Other operating income

(86,700

)

3,311,816

OPERATING (LOSS)/PROFIT

4

(39,076

)

3,397,232

Income from shares in group undertakings

12,000

34,500

Interest receivable and similar income

1,590

-

13,590

34,500

(25,486

)

3,431,732

Amounts written off investments

-

342,164

(25,486

)

3,089,568

Interest payable and similar expenses

23,818

22,803

(LOSS)/PROFIT BEFORE TAXATION

(49,304

)

3,066,765

Tax on (loss)/profit

(8

)

25,000

(LOSS)/PROFIT FOR THE FINANCIAL YEAR

(49,296

)

3,041,765

FIXED ASSETS

Intangible assets

5

373,126

373,126

Tangible assets

6

1,064,403

1,072,004

Investments

7

2,718,179

2,276,223

4,155,708

3,721,353

CURRENT ASSETS

Debtors

8

132,855

68,731

Cash at bank

32,565

1,465,970

165,420

1,534,701

CREDITORS

Amounts falling due within one year

9

495,526

663,389

NET CURRENT (LIABILITIES)/ASSETS

(330,106

)

871,312

TOTAL ASSETS LESS CURRENT LIABILITIES

3,825,602

4,592,665

CREDITORS

Amounts falling due after more than one year

10

3,944,643

4,462,410

NET (LIABILITIES)/ASSETS

(119,041

)

130,255

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(119,141

)

130,155

SHAREHOLDERS' FUNDS

(119,041

)

130,255

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 director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 29 December 2025 and were signed by:

D C Mitchell - Director

1.	STATUTORY INFORMATION

Mitchells Group 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

Partnership Capital, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of nil years.

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 cost

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 5 (2024 - 5 ) .

4.	OPERATING (LOSS)/PROFIT

The operating loss (2024 - operating profit) is stated after charging:

31.3.25

31.3.24

£

£

Depreciation - owned assets

9,335

9,505

5.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

373,126

70,973

444,099

AMORTISATION

At 1 April 2024

and 31 March 2025

-

70,973

70,973

NET BOOK VALUE

At 31 March 2025

373,126

-

373,126

At 31 March 2024

373,126

-

373,126

6.	TANGIBLE FIXED ASSETS

Freehold

Long

Plant and

property

leasehold

machinery

£

£

£

COST

At 1 April 2024

592,042

459,181

21,500

Additions

-

-

-

At 31 March 2025

592,042

459,181

21,500

DEPRECIATION

At 1 April 2024

-

-

13,094

Charge for year

-

-

5,375

At 31 March 2025

-

-

18,469

NET BOOK VALUE

At 31 March 2025

592,042

459,181

3,031

At 31 March 2024

592,042

459,181

8,406

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

39,013

5,617

1,117,353

Additions

895

839

1,734

At 31 March 2025

39,908

6,456

1,119,087

DEPRECIATION

At 1 April 2024

28,344

3,911

45,349

Charge for year

3,114

846

9,335

At 31 March 2025

31,458

4,757

54,684

NET BOOK VALUE

At 31 March 2025

8,450

1,699

1,064,403

At 31 March 2024

10,669

1,706

1,072,004

7.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

2,276,223

Additions

441,956

At 31 March 2025

2,718,179

NET BOOK VALUE

At 31 March 2025

2,718,179

At 31 March 2024

2,276,223

8.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

63,679

7,143

Other debtors

15,150

-

78,829

7,143

31.3.25

31.3.24

£

£

Amounts falling due after more than one year:

Trade debtors

-

7,562

Amounts owed by group undertakings

54,026

54,026

54,026

61,588

Aggregate amounts

132,855

68,731

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

48,811

73,672

Trade creditors

61,236

511

Taxation and social security

11,701

31,525

Other creditors

373,778

557,681

495,526

663,389

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

217,324

245,893

Amounts owed to group undertakings

3,711,069

4,192,767

Other creditors

16,250

23,750

3,944,643

4,462,410