Mint Festival Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08080606

MINT FESTIVAL LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED

21 March 2025

MINT FESTIVAL LTD

FINANCIAL STATEMENTS

PERIOD FROM 24 MARCH 2024 TO 21 MARCH 2025

CONTENTS	PAGES

Statement of financial position	1 to 2

Notes to the financial statements	3 to 4

MINT FESTIVAL LTD

STATEMENT OF FINANCIAL POSITION

21 March 2025

	21 Mar 25		23 Mar 24
Note	£	£	£	£

CURRENT ASSETS

Debtors	4	1,484,240	1,433,670
Cash at bank and in hand		28,119	221,233
		------------	------------
		1,512,359	1,654,903

CREDITORS: amounts falling due within one year	5	( 1,447,289)		( 1,781,431)
		------------		------------
NET CURRENT ASSETS/(LIABILITIES)			65,070		( 126,528)
			--------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			65,070		( 126,528)

CREDITORS: amounts falling due after more than one year	6	( 18,692)	( 18,692)
		--------	---------
NET ASSETS/(LIABILITIES)		46,378	( 145,220)
		--------	---------

CAPITAL AND RESERVES

Called up share capital	1	1
Profit and loss account	46,377	( 145,221)
	--------	---------
SHAREHOLDERS FUNDS/(DEFICIT)	46,378	( 145,220)
	--------	---------

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 period ending 21 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

MINT FESTIVAL LTD

STATEMENT OF FINANCIAL POSITION (continued)

21 March 2025

These financial statements were approved by the board of directors and authorised for issue on 28 May 2026 , and are signed on behalf of the board by:

S P Graham
Director

Company registration number: 08080606

MINT FESTIVAL LTD

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 24 MARCH 2024 TO 21 MARCH 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 Units 1 & 2 Sandleas Way, Leeds, LS15 8AW.

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. The financial statements have been prepared on the going concern basis. The director considers the going concern basis to be appropriate as he has confirmed his ongoing support.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises revenue recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

4. DEBTORS

	21 Mar 25	23 Mar 24
	£	£
Trade debtors	296,273	314,400
Other debtors	1,187,967	1,119,270
	------------	------------
	1,484,240	1,433,670
	------------	------------

5. CREDITORS: amounts falling due within one year

	21 Mar 25	23 Mar 24
	£	£
Bank loans and overdrafts	10,000	10,000
Trade creditors	442,745	409,577
Social security and other taxes	123,254	31,773
Amounts due to related companies	666,144	1,064,971
Other creditors	205,146	265,110
	------------	------------
	1,447,289	1,781,431
	------------	------------

6. CREDITORS: amounts falling due after more than one year

	21 Mar 25	23 Mar 24
	£	£
Bank loans and overdrafts	18,692	18,692
	--------	--------