REGISTERED NUMBER: 07743110 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

The Mint 2 Mint Group Limited

Page

Company Information

1

Chairman's Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mr D P Bernard

Mr G Cornhill

Mr J Scott

Mr J J West

REGISTERED OFFICE:

Unit L Radford Business Centre

Radford Way

Billericay

Essex

CM12 0BZ

REGISTERED NUMBER:

07743110 (England and Wales)

ACCOUNTANTS:

DANIEL JAMES

UNIT L

RADFORD BUSINESS CENTRE

RADFORD WAY

BILLERICAY

Essex

CM12 0BZ

I am pleased to present the Chairman's Statement for the year ended 2025, a year marked by strategic progress, operational expansion, and continued investment in the Group's long-term growth strategy.

Strategic Acquisition and Integration

The acquisition of ICTV was a major milestone, strengthening our operational capacity and driving a significant uplift in job flow. The integration required careful planning, but the benefits have been clear. The ICTV team brings complementary expertise that has enabled us to:

- Increase engineering availability

- Broaden service coverage for partners

- Enhance operational resilience and responsiveness

This acquisition has reinforced our core service model and positioned the Group to scale efficiently as demand grows.

Recurring-Revenue Development

August 2024 witnessed the launch of a new corporate entity to diversify revenue through a maintenance and service subscription programme. This offering allows customers to spread costs through monthly instalments, improving affordability and deepening long-term engagement.

Integrated with the Group's main operations, the new business strengthens retention and extends our service proposition. Within its first 12 months, it generated over £30,000 in monthly recurring revenue, demonstrating strong market demand and service quality.

Financial Impact and Cash Dynamics

As typical for subscription-based models, the new entity has created short-term cash flow pressure due to upfront service delivery. Despite this, key metrics remain strong, including a 19% churn rate entering year two and cash burn tracking close to breakeven.

The long-term economics remain attractive, and we expect the business to deliver a positive net cash contribution by Q2 2026.

Outlook

2025 has been a year of disciplined expansion, successful integration, and the strengthening of our long-term value creation strategy. The Board are confident that the progress achieved across acquisition, capability building, and recurring-revenue growth, positions the Group for sustained growth.

I would like to thank our employees, management team, customers, and partners for their support during this pivotal year.

Graham Cornhill

Chairman

The Mint 2 Mint Group Limited

FIXED ASSETS

Intangible assets

4

2,196

2,928

Tangible assets

5

141,454

132,613

143,650

135,541

CURRENT ASSETS

Stocks

255,000

146,318

Debtors

6

498,394

311,973

Cash at bank and in hand

70,458

62,089

823,852

520,380

CREDITORS

Amounts falling due within one year

7

917,956

567,988

NET CURRENT LIABILITIES

(94,104

)

(47,608

)

TOTAL ASSETS LESS CURRENT LIABILITIES

49,546

87,933

CREDITORS

Amounts falling due after more than one year

8

(25,000

)

(39,509

)

PROVISIONS FOR LIABILITIES

(14,799

)

(11,506

)

NET ASSETS

9,747

36,918

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9,647

36,818

SHAREHOLDERS' FUNDS

9,747

36,918

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 19 December 2025 and were signed on its behalf by:

Mr J J West - Director

1.	STATUTORY INFORMATION

The Mint 2 Mint Group Limited 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.

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.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of 5 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2024 - 26 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 September 2024

and 31 August 2025

3,660

AMORTISATION

At 1 September 2024

732

Charge for year

732

At 31 August 2025

1,464

NET BOOK VALUE

At 31 August 2025

2,196

At 31 August 2024

2,928

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

14,453

264,199

278,652

Additions

-

49,590

49,590

Disposals

-

(13,917

)

(13,917

)

At 31 August 2025

14,453

299,872

314,325

DEPRECIATION

At 1 September 2024

-

146,039

146,039

Charge for year

-

31,843

31,843

Eliminated on disposal

-

(5,011

)

(5,011

)

At 31 August 2025

-

172,871

172,871

NET BOOK VALUE

At 31 August 2025

14,453

127,001

141,454

At 31 August 2024

14,453

118,160

132,613

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 September 2024

201,193

Additions

15,700

Disposals

(13,917

)

At 31 August 2025

202,976

DEPRECIATION

At 1 September 2024

107,138

Charge for year

20,169

Eliminated on disposal

(5,011

)

At 31 August 2025

122,296

NET BOOK VALUE

At 31 August 2025

80,680

At 31 August 2024

94,055

6.

DEBTORS

31.8.25

31.8.24

£

£

Amounts falling due within one year:

Trade debtors

253,023

199,327

Amounts owed by associates

100,243

-

Amounts receivable in respect of hire purchase contracts

1,955

3,422

Other debtors

143,173

105,686

498,394

308,435

Amounts falling due after more than one year:

Amounts receivable in respect of hire purchase contracts

-

3,538

Aggregate amounts

498,394

311,973

Included in other debtors is a bond held by Samsung amounting to (2025): £100,000 (2024): £50,000 and rental deposit £19,800.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

82,882

-

Hire purchase contracts

21,250

30,738

Trade creditors

226,114

235,294

Amounts owed to associates

196,281

23,675

Taxation and social security

176,302

160,248

Other creditors

215,127

118,033

917,956

567,988

8.	CREDITORS MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Hire purchase contracts

-

15,509

Other creditors

25,000

24,000

25,000

39,509

Other creditors falling more than one year relate to:

Directors loan (2025): £25,000. (2024):£25,000

The above is repayable on demand, however it is not expected to be paid imminently.