REGISTERED NUMBER: 07658831 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025

FOR

BALANCED MINDS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr C Heriot-Maitland

Dr C P Irons

REGISTERED OFFICE:

Second Floor Windsor House

40/41 Great Castle Street

London

W1W 8LU

REGISTERED NUMBER:

07658831 (England and Wales)

ACCOUNTANTS:

Jamieson Stone LLP

Windsor House

40/41 Great Castle Street

London

W1W 8LU

FIXED ASSETS

Tangible assets

4

1,689

2,589

CURRENT ASSETS

Debtors

5

83,062

122,945

Cash at bank

36,520

95,565

119,582

218,510

CREDITORS

Amounts falling due within one year

6

(27,724

)

(47,263

)

NET CURRENT ASSETS

91,858

171,247

TOTAL ASSETS LESS CURRENT LIABILITIES

93,547

173,836

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

93,543

173,832

SHAREHOLDERS' FUNDS

93,547

173,836

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 3 January 2026 and were signed on its behalf by:

Dr C Heriot-Maitland - Director

1.	STATUTORY INFORMATION

Balanced Minds Ltd 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 the total amount receivable by the company excluding value added tax, in the ordinary course of its business for goods supplied and services provided.

Tangible fixed assets

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

Office equipment

-

25% on cost

Computer equipment

-

25% on 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 2 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Office

Computer

equipment

equipment

Totals

£

£

£

COST

At 6 April 2024

1,924

12,401

14,325

Additions

420

-

420

At 5 April 2025

2,344

12,401

14,745

DEPRECIATION

At 6 April 2024

1,924

9,812

11,736

Charge for year

105

1,215

1,320

At 5 April 2025

2,029

11,027

13,056

NET BOOK VALUE

At 5 April 2025

315

1,374

1,689

At 5 April 2024

-

2,589

2,589

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

82,835

122,945

Other debtors

227

-

83,062

122,945

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

27,724

46,927

Social security and other taxes

-

6

Accruals and deferred income

-

330

27,724

47,263