REGISTERED NUMBER: 12552763 (England and Wales)

MINT LIVE GROUP LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

S Harrison

A B Lees

REGISTERED OFFICE:

2nd Floor

8 St. Peters Hill

Grantham

Lincolnshire

NG31 6QB

REGISTERED NUMBER:

12552763 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

14 London Road

Newark

Nottinghamshire

NG24 1TW

FIXED ASSETS

Intangible assets

4

15,000

22,500

Property, plant and equipment

5

5,348

5,104

20,348

27,604

CURRENT ASSETS

Debtors

6

70,655

52,895

Cash at bank

7,932

5,624

78,587

58,519

CREDITORS

Amounts falling due within one year

7

119,528

161,548

NET CURRENT LIABILITIES

(40,941

)

(103,029

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(20,593

)

(75,425

)

CREDITORS

Amounts falling due after more than one year

8

56,932

-

NET LIABILITIES

(77,525

)

(75,425

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

(77,625

)

(75,525

)

SHAREHOLDERS' FUNDS

(77,525

)

(75,425

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 22 September 2025 and were signed on its behalf by:

A B Lees - Director

S Harrison - Director

1.	STATUTORY INFORMATION

Mint Live Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue comprises sales of services. Revenue is recognised when the significant risks and rewards have passed to the buyer, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and that the costs incurred, or to be incurred, in respect of the transaction can be measured reliably.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of five 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 etc

-

25% on cost and 20% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

At 30 April 2025 the company had net liabilities of £77,525 (2024: £75,425). The directors have indicated that they do not intend to withdraw the loans made by themselves and businesses which are related to the directors. Trading since the year end has indicated that there is an improvement in the position of the company and therefore the accounts have been drawn up on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

35,000

AMORTISATION

At 1 May 2024

12,500

Charge for year

7,500

At 30 April 2025

20,000

NET BOOK VALUE

At 30 April 2025

15,000

At 30 April 2024

22,500

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 May 2024

8,064

Additions

2,893

Disposals

(3,547

)

At 30 April 2025

7,410

DEPRECIATION

At 1 May 2024

2,960

Charge for year

1,369

Eliminated on disposal

(2,267

)

At 30 April 2025

2,062

NET BOOK VALUE

At 30 April 2025

5,348

At 30 April 2024

5,104

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

69,855

52,095

Other debtors

800

800

70,655

52,895

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

1,280

Taxation and social security

35,323

32,703

Other creditors

84,205

127,565

119,528

161,548

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

56,932

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100