Intothemindtherapy Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

1. General Information

Intothemindtherapy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12629669 . The registered office is Birchin Court, 20 Birchin Lane, London, EC3V 9DJ.

2. Accounting Policies

2.1. Basis of Preparation of 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.

The financial statements have been prepared in accordance with Financial Reporting Standard 102 "The

Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the Companies Act

2006.

The principal accounting policies adopted in the preparation of the financial statements are set out below. The

accounting policies have been consistently applied within the financial statements.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	Furniture
Computer Equipment	Computer Equipment

Computer Equipment: 25% per annum.

Furniture depreciation rate: 15% per annum.

2.4. Financial Instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other

Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes

party to the contractual provisions of the instrument.

Financial assets and liabilities are offset , with the net amounts presented in the financial statements , when there is a

legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to

realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured

at transaction price including transaction costs and are subsequently carried at amortised cost using the effective

interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the

present value of the future receipts discounted at a market rate of interest.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual

arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the

company after deducting all of its liabilities.

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group

companies and preference shares that are classified as debt, are initially recognised at transaction price unless the

arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the

future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of

business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or

less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price

...CONTINUED

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Intothemindtherapy Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

2.4. Financial Instruments - continued

and subsequently measured at amortised cost using the effective interest method.

2.5. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the

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.

2.6. Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments

with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in

current liabilities.

2.7. Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are

required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably

committed to terminate the employment of an employee or to provide termination benefits.

2.8. Leases

Rentals payable under operating leases, including any lease incentives received, are charged to income on a straight

line basis over the term of the relevant lease except where another more systematic basis is more representative of

the time pattern in which economic benefits from the lease asset are consumed.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 June 2024	2,825	2,337	5,162

As at 31 May 2025	2,825	2,337	5,162

Depreciation
As at 1 June 2024	530	1,169	1,699
Provided during the period	423	584	1,007

As at 31 May 2025	953	1,753	2,706

Net Book Value
As at 31 May 2025	1,872	584	2,456

As at 1 June 2024	2,295	1,168	3,463

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Intothemindtherapy Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	455	403
Other debtors	480	-
Corporation tax recoverable assets	283	283
Called up share capital not paid	100	100

	1,318	786

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	887	-
Other taxes and social security	-	178
Other creditors	399	1,188
Accruals and deferred income	1,320	1,320

	2,606	2,686

7. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

8. Ultimate Controlling Party

The company's ultimate controlling party is Ms Ruth Hargreaves.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,456		3,463

			2,456		3,463
CURRENT ASSETS
Debtors	5	1,318		786
Cash at bank and in hand		15,625		12,624

		16,943		13,410
Creditors: Amounts Falling Due Within One Year	6	(2,606 )		(2,686 )

NET CURRENT ASSETS (LIABILITIES)			14,337		10,724

TOTAL ASSETS LESS CURRENT LIABILITIES			16,793		14,187

NET ASSETS			16,793		14,187

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			16,693		14,087

SHAREHOLDERS' FUNDS			16,793		14,187