Mansa Investments Ltd

(Registration number: 12141142) (England and Wales)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,209	1,612
Current assets
Stocks	5	54,603	56,336
Debtors	6	64,521	-
Cash at bank and in hand		68,649	165,033
		187,773	221,369
Creditors: Amounts falling due within one year	7	(19,274)	(30,257)
Net current assets		168,499	191,112
Total assets less current liabilities		169,708	192,724
Creditors: Amounts falling due after more than one year	7	(1,583)	(105,932)
Net assets		168,125	86,792
Capital and reserves
Called up share capital	9	1	1
Retained earnings		168,124	86,791
Shareholders' funds		168,125	86,792

For the financial year ending 31 August 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 year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

The financial statements were approved and authorised for issue by the director on 3 June 2026
 

......................................... Mr D C L Ghansah Director

Mansa Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
158 Clitterhouse Road
London
NW2 1DN
United Kingdom

These financial statements were authorised for issue by the director on 3 June 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional and presentational currency is GBP Sterling (£), being the currency of the primary economic environment in which the company operates in. The amounts are presented rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Mansa Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures, fitting & equipment	25% on reducing balance

Stocks

Crypto currency stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Crypto currency stocks are impaired should its estimated selling price less costs to complete and sell fall below its cost.

The cost of Artwork stock comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Mansa Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

Financial instruments

(i) Financial assets
Basic financial assets, including trade, other debtors, cash and bank balances and amounts due from related party are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method, unless they are receivable within one year. In these instances, assets are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be received.

At the end of each reporting period financial assets are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party, or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Mansa Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors, bank loans, and amounts due to related party, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method, unless they are payable within one year. In these instances, assets are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid.

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit or Loss Account over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

3	Staff numbers

The average monthly number of persons employed by the company (including the director) during the year, was 1 (2024: 1).

Mansa Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

4	Tangible assets

	Office equipment £	Total £
Cost or valuation
At 1 September 2024	3,696	3,696
At 31 August 2025	3,696	3,696
Depreciation
At 1 September 2024	2,084	2,084
Charge for the year	403	403
At 31 August 2025	2,487	2,487
Carrying amount
At 31 August 2025	1,209	1,209
At 31 August 2024	1,612	1,612

5

Stocks

	2025 £	2024 £
Artwork for resale	46,110	46,110
Crypto currency inventory	8,493	10,226
	54,603	56,336

Mansa Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

6

Debtors

	2025 £	2024 £
Other debtors	29,521	-
Accrued income	35,000	-
	64,521	-

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	10,648	10,649
Trade creditors		2,134	138
Taxation and social security		4,392	16,986
Accruals and deferred income		2,100	1,980
Director's current account		-	504
		19,274	30,257

Creditors: amounts falling due after more than one year

	2025 £	2024 £
Due after one year
Loans and borrowings	1,583	105,932

Mansa Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

8	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	10,648	10,649

Non-current loans and borrowings

	Note	2025 £	2024 £
Bank borrowings		1,583	11,790
Other borrowings	10	-	94,142
		1,583	105,932

Bank borrowings consists of a Government-backed Bounce Back Loan with a repayment term of 6 years from November 2021. The interest rate applicable to the loan is 2.5% with the first 12 months interest being covered by the Government.

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	1	1	1	1

10	Related party transactions

Summary of transactions with other related parties

Other borrowings was a loan from KD Sports Promotions Ltd where Mr D C L Ghansah is also the director and shareholder. The loan is interest free and repayable on demand