Mansfield Monk Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03571835

Mansfield Monk Limited

Filleted Unaudited Financial Statements

30 September 2025

Mansfield Monk Limited

Statement of Financial Position

30 September 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		323,840		195,394

Current assets

Debtors	6	210,388	250,926
Cash at bank and in hand		366,390	309,949
		---------	---------
		576,778	560,875

Creditors: amounts falling due within one year	7	120,015		94,624
		---------		---------
Net current assets			456,763		466,251
			---------		---------
Total assets less current liabilities			780,603		661,645

Provisions

Taxation including deferred tax	5,140	4,829
	---------	---------
Net assets	775,463	656,816
	---------	---------

Capital and reserves

Called up share capital	8	5,000	5,000
Profit and loss account		770,463	651,816
		---------	---------
Shareholders funds		775,463	656,816
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Mansfield Monk Limited

Statement of Financial Position (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 23 April 2026 , and are signed on behalf of the board by:

I Mansfield	J Monk
Director	Director

G Monk
Director

Company registration number: 03571835

Mansfield Monk Limited

Notes to the Financial Statements

Year ended 30 September 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover shown in the profit and loss account represents amounts invoiced net of disbursements during the year, exclusive of Value Added Tax.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Long Leasehold Property	-	Over the term of the lease
Fixtures & Fittings	-	15% straight line
Equipment	-	25 % straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the Profit and Loss Account. Three directors are accruing benefits under a money purchase scheme.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2024: 9 ).

5. Tangible assets

	Land and buildings	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 October 2024	363,945	174,364	147,089	685,398
Additions	134,529	–	16,243	150,772
	---------	---------	---------	---------
At 30 September 2025	498,474	174,364	163,332	836,170
	---------	---------	---------	---------
Depreciation
At 1 October 2024	195,277	160,776	133,951	490,004
Charge for the year	7,478	5,755	9,093	22,326
	---------	---------	---------	---------
At 30 September 2025	202,755	166,531	143,044	512,330
	---------	---------	---------	---------
Carrying amount
At 30 September 2025	295,719	7,833	20,288	323,840
	---------	---------	---------	---------
At 30 September 2024	168,668	13,588	13,138	195,394
	---------	---------	---------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	174,596	187,962
Prepayments and accrued income	21,613	20,067
Amounts recoverable on contracts	14,179	30,000
Other debtors	–	12,897
	---------	---------
	210,388	250,926
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	11,959	6,215
Accruals and deferred income	9,282	20,178
Corporation tax	40,068	–
Social security and other taxes	27,829	41,337
Director loan accounts	25,985	22,865
Other creditors	4,892	4,029
	---------	--------
	120,015	94,624
	---------	--------

8. Called up share capital

Authorised share capital

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 1 each	5,000	5,000	5,000	5,000
Ordinary B shares of £ 1 each	2,500	2,500	2,500	2,500
Ordinary C shares of £ 1 each	2,500	2,500	2,500	2,500
	--------	--------	--------	--------
	10,000	10,000	10,000	10,000
	--------	--------	--------	--------

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 1 each	2,500	2,500	2,500	2,500
Ordinary B shares of £ 1 each	1,250	1,250	1,250	1,250
Ordinary C shares of £ 1 each	1,250	1,250	1,250	1,250
	-------	-------	-------	-------
	5,000	5,000	5,000	5,000
	-------	-------	-------	-------

9. Related party transactions

At the year end the company owed the directors £25,985 (2024: £22,865) in the form of loan accounts. These loans, which are shown amongst creditors, are interest free and repayable on demand.