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Company Registration No. 11102421 (England and Wales)
MIND PANACEA LTD Unaudited accounts for the year ended 31 December 2025
MIND PANACEA LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MIND PANACEA LTD Company Information for the year ended 31 December 2025
Director
Lisa CROSSMAN MSC
Company Number
11102421 (England and Wales)
Registered Office
13 Clifton Terrace Brighton BN1 3HA UNITED KINGDOM
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MIND PANACEA LTD Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
8,600
12,900
Creditors: amounts falling due within one year
5
(1,912)
(10,985)
Net current liabilities
(1,912)
(10,985)
Net assets
6,688
1,915
Capital and reserves
Called up share capital
1
1
Profit and loss account
6,687
1,914
Shareholders' funds
6,688
1,915
For the year ending 31 December 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 her 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 13 January 2025 and were signed on its behalf by
Lisa CROSSMAN MSC Director Company Registration No. 11102421
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MIND PANACEA LTD Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
MIND PANACEA LTD is a private company, limited by shares, registered in England and Wales, registration number 11102421. The registered office is 13 Clifton Terrace, Brighton, BN1 3HA, UNITED KINGDOM.
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:
Motor vehicles
20%
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 January 2025
21,500
At 31 December 2025
21,500
Depreciation
At 1 January 2025
8,600
Charge for the year
4,300
At 31 December 2025
12,900
Net book value
At 31 December 2025
8,600
At 31 December 2024
12,900
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
1,912
1,933
Loans from directors
-
9,052
1,912
10,985
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MIND PANACEA LTD Notes to the Accounts for the year ended 31 December 2025
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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