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Company Registration No. 12630835 (England and Wales)
OPENMIND THERAPIES LTD Unaudited accounts for the year ended 31 May 2025
OPENMIND THERAPIES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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OPENMIND THERAPIES LTD Company Information for the year ended 31 May 2025
Director
Adil Khan SATTI
Company Number
12630835 (England and Wales)
Registered Office
64 Holly Lane Erdington Birmingham West Midlands B24 9JR England
Accountants
Nextin Accountants 38P Alum Rock Road Birmingham West Midlands B8 1JA
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OPENMIND THERAPIES LTD Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
400 
500 
Current assets
Debtors
5
152 
- 
Cash at bank and in hand
14,429 
7,205 
14,581 
7,205 
Creditors: amounts falling due within one year
6
(6,017)
(5,301)
Net current assets
8,564 
1,904 
Net assets
8,964 
2,404 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
8,963 
2,403 
Shareholders' funds
8,964 
2,404 
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 7 January 2026 and were signed on its behalf by
Adil Khan SATTI Director Company Registration No. 12630835
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OPENMIND THERAPIES LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
OPENMIND THERAPIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12630835. The registered office is 64 Holly Lane, Erdington, Birmingham, West Midlands, B24 9JR, 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:
Fixtures & fittings
20% on WDV
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2024
500 
At 31 May 2025
500 
Depreciation
Charge for the year
100 
At 31 May 2025
100 
Net book value
At 31 May 2025
400 
At 31 May 2024
500 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
152 
- 
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OPENMIND THERAPIES LTD Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
3,562 
446 
Loans from directors
2,455 
4,855 
6,017 
5,301 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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