IRIS Accounts Production v25.4.12.37 SC107612 Board of Directors 1.6.24 31.5.25 31.5.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC107612 2024-05-31 SC107612 2025-05-31 SC107612 2024-06-01 2025-05-31 SC107612 2023-05-31 SC107612 2023-06-01 2024-05-31 SC107612 2024-05-31 SC107612 ns15:Scotland 2024-06-01 2025-05-31 SC107612 ns14:PoundSterling 2024-06-01 2025-05-31 SC107612 ns10:Director1 2024-06-01 2025-05-31 SC107612 ns10:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 SC107612 ns10:SmallEntities 2024-06-01 2025-05-31 SC107612 ns10:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 SC107612 ns10:SmallCompaniesRegimeForDirectorsReport 2024-06-01 2025-05-31 SC107612 ns10:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 SC107612 ns10:FullAccounts 2024-06-01 2025-05-31 SC107612 ns10:Director2 2024-06-01 2025-05-31 SC107612 ns10:RegisteredOffice 2024-06-01 2025-05-31 SC107612 ns5:CurrentFinancialInstruments 2025-05-31 SC107612 ns5:CurrentFinancialInstruments 2024-05-31 SC107612 ns5:ShareCapital 2025-05-31 SC107612 ns5:ShareCapital 2024-05-31 SC107612 ns5:RevaluationReserve 2025-05-31 SC107612 ns5:RevaluationReserve 2024-05-31 SC107612 ns5:CapitalRedemptionReserve 2025-05-31 SC107612 ns5:CapitalRedemptionReserve 2024-05-31 SC107612 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-05-31 SC107612 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-05-31 SC107612 ns5:RetainedEarningsAccumulatedLosses 2025-05-31 SC107612 ns5:RetainedEarningsAccumulatedLosses 2024-05-31 SC107612 ns5:LandBuildings 2024-06-01 2025-05-31 SC107612 ns5:PlantMachinery 2024-06-01 2025-05-31 SC107612 ns5:LandBuildings 2024-05-31 SC107612 ns5:PlantMachinery 2024-05-31 SC107612 ns5:LandBuildings 2025-05-31 SC107612 ns5:PlantMachinery 2025-05-31 SC107612 ns5:LandBuildings 2024-05-31 SC107612 ns5:PlantMachinery 2024-05-31 SC107612 ns5:CostValuation 2024-05-31 SC107612 ns5:RevaluationsIncreaseDecreaseInInvestments 2025-05-31 SC107612 ns5:CostValuation 2025-05-31 SC107612 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-05-31 SC107612 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-05-31 SC107612 ns5:WithinOneYear 2025-05-31 SC107612 ns5:WithinOneYear 2024-05-31 SC107612 ns5:RetainedEarningsAccumulatedLosses 2024-05-31 SC107612 ns5:RevaluationReserve 2024-05-31 SC107612 ns5:CapitalRedemptionReserve 2024-05-31 SC107612 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-05-31 SC107612 ns5:RetainedEarningsAccumulatedLosses 2024-06-01 2025-05-31

REGISTERED NUMBER: SC107612 (Scotland)

| Mentor Training Centre Limited |

| Unaudited Financial Statements |

| for the Year Ended 31 May 2025 |

| Mentor Training Centre Limited (Registered number: SC107612) |

Contents of the Financial Statements

for the Year Ended 31 May 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Mentor Training Centre Limited |

Company Information

for the Year Ended 31 May 2025

| DIRECTORS: | R J Normand

| M F Normand

| REGISTERED OFFICE: | 176 Bath Street

| Glasgow

| G2 4HG

| REGISTERED NUMBER: | SC107612 (Scotland)

| ACCOUNTANTS: | Whitelaw Wells

| 9 Ainslie Place

| Edinburgh

| Midlothian

| EH3 6AT

| BANKERS: | TSB

| 52 St Vincent Street

| Glasgow

| G2 5UQ

| Mentor Training Centre Limited (Registered number: SC107612) |

Balance Sheet

31 May 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 352,495 |  | 365,532 |  |

Investments | 5 | 668,552 |  | 643,640 |  |

1,021,047 |  | 1,009,172 |  |

CURRENT ASSETS

Debtors | 6 | 6,644 |  | 6,255 |  |

Cash at bank and in hand | 882,340 |  | 438,791 |  |

888,984 |  | 445,046 |  |

CREDITORS

Amounts falling due within one year | 7 | 182,854 |  | 70,204 |  |

NET CURRENT ASSETS | 706,130 |  | 374,842 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,727,177 |  | 1,384,014 |  |

PROVISIONS FOR LIABILITIES | 39,928 |  | 29,521 |  |

NET ASSETS | 1,687,249 |  | 1,354,493 |  |

| Mentor Training Centre Limited (Registered number: SC107612) |

Balance Sheet - continued

31 May 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 86 |  | 86 |  |

Revaluation reserve | 9 | 27,069 |  | 27,069 |  |

Capital redemption reserve | 9 | 15 |  | 15 |  |

Fair value reserve | 9 | 90,053 |  | 89,694 |  |

Retained earnings | 9 | 1,570,026 |  | 1,237,629 |  |

SHAREHOLDERS' FUNDS | 1,687,249 |  | 1,354,493 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 23 March 2026 and were signed on its behalf by:

R J Normand - Director

| Mentor Training Centre Limited (Registered number: SC107612) |

Notes to the Financial Statements

for the Year Ended 31 May 2025

1. | STATUTORY INFORMATION

| Mentor Training Centre Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

| Turnover

| Turnover represents the gross sales for the provision of training services.

| Revenue is recognised in line with performance to the extent that a right to consideration arises.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Land and buildings | - | 2% on cost

| Plant and machinery etc | - | 25% on reducing balance and 25% on cost

| The freehold property was revalued on 31 May 2023 and the directors have estimated that the fair value has not materially changed at 31 May 2025. Deferred tax has been calculated on the potential revaluation gain and is included in the revaluation reserve.

| Government grants

| Government grants in relation to tangible fixed assets are credited to the profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.

| Financial instruments

| The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

| All loans with related parties are repayable on demand.

| Mentor Training Centre Limited (Registered number: SC107612) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

| 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.

| Valuation of investments

| Investments in listed company shares are included at estimated market value at the balance sheet date, based on the cash-in value on the annual statement issued by the investment provider. Any gains or losses are recognised in the profit and loss for the period.

| Provisions

| Provisions are recognised where the company has a present obligation as a result of a past event, it is probable the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 12 (2024 - 10 ) .

| Mentor Training Centre Limited (Registered number: SC107612) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST OR VALUATION

| At 1 June 2024 | 427,991 |  | 79,872 |  | 507,863 |  |

| Additions | - |  | 3,789 |  | 3,789 |  |

| Disposals | - |  | (27,165 | ) | (27,165 | ) |

| At 31 May 2025 | 427,991 |  | 56,496 |  | 484,487 |  |

| DEPRECIATION

| At 1 June 2024 | 70,940 |  | 71,391 |  | 142,331 |  |

| Charge for year | 7,948 |  | 2,297 |  | 10,245 |  |

| Eliminated on disposal | - |  | (20,584 | ) | (20,584 | ) |

| At 31 May 2025 | 78,888 |  | 53,104 |  | 131,992 |  |

| NET BOOK VALUE

| At 31 May 2025 | 349,103 |  | 3,392 |  | 352,495 |  |

| At 31 May 2024 | 357,051 |  | 8,481 |  | 365,532 |  |

| Cost or valuation at 31 May 2025 is represented by:

| Land and

| buildings

£ |

| Valuation in 2023 | 30,562 |  |

| Cost | 397,429 |  |

427,991 |  |

| Mentor Training Centre Limited (Registered number: SC107612) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

4. | TANGIBLE FIXED ASSETS - continued

| If the freehold property had not been revalued it would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 397,429 |  | 397,429 |  |

| Aggregate depreciation | (78,887 | ) | (70,939 | ) |

| Value of land in freehold land and buildings | 318,541 |  | 326,490 |  |

| The freehold property was valued on an open market basis on 31 May 2023 by Knight Frank .

| The directors have estimated that the fair value has not materially changed at 31 May 2025.

5. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST OR VALUATION

| At 1 June 2024 | 643,640 |  |

| Revaluations | 24,912 |  |

| At 31 May 2025 | 668,552 |  |

| NET BOOK VALUE

| At 31 May 2025 | 668,552 |  |

| At 31 May 2024 | 643,640 |  |

| Mentor Training Centre Limited (Registered number: SC107612) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

5. | FIXED ASSET INVESTMENTS - continued

| Cost or valuation at 31 May 2025 is represented by:

| Other

| investments

£ |

| Valuation in 2016 | 13,927 |  |

| Valuation in 2017 | 6,463 |  |

| Valuation in 2018 | 11,130 |  |

| Valuation in 2019 | 2,513 |  |

| Valuation in 2020 | (11,900 | ) |

| Valuation in 2021 | 34,010 |  |

| Valuation in 2022 | 26,494 |  |

| Valuation in 2023 | (17,936 | ) |

| Valuation in 2024 | 28,939 |  |

| Valuation in 2025 | 24,912 |  |

| Cost | 550,000 |  |

668,552 |  |

| The fixed asset investments comprise of a portfolio of managed funds which include listed and unlisted investments. The portfolio is managed by Prudential International on behalf of the company.

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 2,570 |  | 2,339 |  |

| Other debtors | 4,074 |  | 3,916 |  |

6,644 |  | 6,255 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Taxation and social security | 164,937 |  | 55,653 |  |

| Other creditors | 17,917 |  | 14,551 |  |

182,854 |  | 70,204 |  |

| Mentor Training Centre Limited (Registered number: SC107612) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 432 |  | 864 |  |

9. | RESERVES

| Capital |  | Fair |

| Retained |  | Revaluation |  | redemption |  | value |

| earnings |  | reserve |  | reserve |  | reserve |  | Totals

£ | £ | £ | £ | £ |

| At 1 June 2024 | 1,237,629 |  | 27,069 |  | 15 |  | 89,694 |  | 1,354,407 |  |

| Profit for the year | 492,755 |  | 492,755 |  |

| Dividends | (160,000 | ) | (160,000 | ) |

| Revaluation of investments | (358 | ) | - |  | - |  | 359 |  | 1 |  |

| At 31 May 2025 | 1,570,026 |  | 27,069 |  | 15 |  | 90,053 |  | 1,687,163 |  |