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Company Registration No. 12625529 (England and Wales)
Mantra Logistics Limited Unaudited accounts for the year ended 31 May 2025
Mantra Logistics Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Mantra Logistics Limited Company Information for the year ended 31 May 2025
Directors
Bhavesh Vijay Chauhan Bhavesh Sharma
Company Number
12625529 (England and Wales)
Registered Office
10 Brougham Street Leicester Leicestershire LE1 2BA England
Accountants
Ratnam Accountants 203 Kilburn High Road London NW6 7HY
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Mantra Logistics Limited Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
39,456 
36,437 
Investments
5
8,638 
8,638 
48,094 
45,075 
Current assets
Inventories
3,000 
3,000 
Debtors
6
27,261 
33,476 
Cash at bank and in hand
70,609 
92,091 
100,870 
128,567 
Creditors: amounts falling due within one year
7
(287,093)
(191,242)
Net current liabilities
(186,223)
(62,675)
Total assets less current liabilities
(138,129)
(17,600)
Provisions for liabilities
Deferred tax
(2,039)
(11,043)
Net liabilities
(140,168)
(28,643)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(140,268)
(28,743)
Shareholders' funds
(140,168)
(28,643)
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 26 February 2026 and were signed on its behalf by
Bhavesh Sharma Director Company Registration No. 12625529
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Mantra Logistics Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Mantra Logistics Limited is a private company, limited by shares, registered in England and Wales, registration number 12625529. The registered office is 10 Brougham Street, Leicester, Leicestershire, LE1 2BA, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20% SLM
Motor vehicles
25% WDV
Fixtures & fittings
25% WDV
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2024
64,707 
45,173 
- 
109,880 
Additions
- 
20,242 
1,927 
22,169 
At 31 May 2025
64,707 
65,415 
1,927 
132,049 
Depreciation
At 1 June 2024
28,936 
44,507 
- 
73,443 
Charge for the year
12,941 
5,727 
482 
19,150 
At 31 May 2025
41,877 
50,234 
482 
92,593 
Net book value
At 31 May 2025
22,830 
15,181 
1,445 
39,456 
At 31 May 2024
35,771 
666 
- 
36,437 
- 5 -
Mantra Logistics Limited Notes to the Accounts for the year ended 31 May 2025
5
Investments
Other investments 
£ 
Valuation at 1 June 2024
8,638 
Valuation at 31 May 2025
8,638 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
5,570 
Accrued income and prepayments
- 
645 
Other debtors
27,261 
27,261 
27,261 
33,476 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
58,613 
13,689 
Trade creditors
175,756 
138,061 
Taxes and social security
550 
20 
Other creditors
196 
25,032 
Loans from directors
50,878 
13,340 
Accruals
1,100 
1,100 
287,093 
191,242 
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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