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Company Registration No. 00714957 (England and Wales)
Mentis Limited Unaudited accounts for the year ended 31 March 2025
Mentis Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Mentis Limited Company Information for the year ended 31 March 2025
Directors
JF Barker BSL Barker KL Barker LC Harty MSW Nolan JCE Pattenden
Company Number
00714957 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS HIGH STREET CREDITON EX17 3AH ENGLAND
Accountants
H W Martin & Co LLP Lloyds Bank Chambers High Street Crediton Devon EX17 3AH
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Mentis Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
869,000
869,000
Current assets
Debtors
6
32,720
23,341
Cash at bank and in hand
245,230
249,769
277,950
273,110
Creditors: amounts falling due within one year
7
(50,676)
(49,638)
Net current assets
227,274
223,472
Net assets
1,096,274
1,092,472
Capital and reserves
Called up share capital
23,551
23,551
Profit and loss account
1,072,723
1,068,921
Shareholders' funds
1,096,274
1,092,472
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.
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 9 January 2026 and were signed on its behalf by
JF Barker Director Company Registration No. 00714957
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Mentis Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Mentis Limited is a private company, limited by shares, registered in England and Wales, registration number 00714957. The registered office is LLOYDS BANK CHAMBERS, HIGH STREET, CREDITON, EX17 3AH, ENGLAND.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% reducing balance
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
869,000
2,227
871,227
At 31 March 2025
869,000
2,227
871,227
Depreciation
At 1 April 2024
-
2,227
2,227
At 31 March 2025
-
2,227
2,227
Net book value
At 31 March 2025
869,000
-
869,000
At 31 March 2024
869,000
-
869,000
Following the dissolution of Stapleton Trust Limited, a wholly owned subsidiary, the shares in the subsidiary were realised
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Mentis Limited Notes to the Accounts for the year ended 31 March 2025
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
17,720
23,341
Other debtors
15,000
-
32,720
23,341
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
15,196
15,232
Taxes and social security
13,695
12,621
Deferred income
21,785
21,785
50,676
49,638
8
Average number of employees
During the year the average number of employees was 6 (2024: 6).
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