Company Registration No. 15932836 (England and Wales)
Min Palace Limited
Unaudited accounts
for the year ended 30 September 2025
Min Palace Limited
Unaudited accounts
Contents
Min Palace Limited
Company Information
for the year ended 30 September 2025
Company Number
15932836 (England and Wales)
Registered Office
Imperial Garden
45 Ebrington Street
Plymouth
Devon
PL4 9AA
England
Accountants
Utopians Accountants
49 Highview
Pinner
Middlesex
HA5 3PE
Min Palace Limited
Statement of financial position
as at 30 September 2025
Cash at bank and in hand
3,417
Creditors: amounts falling due within one year
(11,069)
Net current liabilities
(1,588)
Total assets less current liabilities
17,324
Creditors: amounts falling due after more than one year
(12,500)
Called up share capital
1,000
Profit and loss account
3,824
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 29 April 2026 and were signed on its behalf by
Jinfu Li
Director
Company Registration No. 15932836
Min Palace Limited
Notes to the Accounts
for the year ended 30 September 2025
Min Palace Limited is a private company, limited by shares, registered in England and Wales, registration number 15932836. The registered office is Imperial Garden, 45 Ebrington Street, Plymouth, Devon, PL4 9AA, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
10% on reducing balance
Fixtures & fittings
10% on reducing balance
Computer equipment
10% on reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
6,650
12,943
1,420
21,013
At 30 September 2025
6,650
12,943
1,420
21,013
Charge for the year
665
1,294
142
2,101
At 30 September 2025
665
1,294
142
2,101
At 30 September 2025
5,985
11,649
1,278
18,912
Min Palace Limited
Notes to the Accounts
for the year ended 30 September 2025
5
Creditors: amounts falling due within one year
2025
Taxes and social security
1,000
6
Creditors: amounts falling due after more than one year
2025
Loans from directors
12,500
7
Average number of employees
During the year the average number of employees was 5.