REGISTERED NUMBER: 01299383 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

MYNARDS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A C Mynard

C C Mynard

C Mynard

SECRETARY:

C C Mynard

REGISTERED OFFICE:

First Floor

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

REGISTERED NUMBER:

01299383 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

FIXED ASSETS

Intangible assets

4

-

-

Investments

5

3

3

3

3

CURRENT ASSETS

Debtors

6

2,692,848

2,679,938

Cash at bank

4,593

3,841

2,697,441

2,683,779

CREDITORS

Amounts falling due within one year

7

164,772

157,316

NET CURRENT ASSETS

2,532,669

2,526,463

TOTAL ASSETS LESS CURRENT LIABILITIES

2,532,672

2,526,466

CREDITORS

Amounts falling due after more than one year

8

120,000

120,000

NET ASSETS

2,412,672

2,406,466

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Revaluation reserve

9

336,008

336,008

Retained earnings

2,075,664

2,069,458

SHAREHOLDERS' FUNDS

2,412,672

2,406,466

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 10 June 2026 and were signed on its behalf by:

A C Mynard - Director

1.	STATUTORY INFORMATION

Mynards 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.

The company is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the company as an individual undertaking and not about its group.

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added tax and trade discounts.

Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the identifiable assets and liabilities. It is amortised to the Profit and loss accounts over its estimated economic life.

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.

Going concern

The company has cash resources and has no requirement for external funding. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. They continue to believe the going concern basis appropriate in preparing the annual financial statements.

Investments

Investments held as fixed assets are shown at cost less provision for impairment.

Investment in subsidiary

Investment in subsidiary undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 February 2025

and 31 January 2026

70,000

Amortisation

At 1 February 2025

and 31 January 2026

70,000

Net book value

At 31 January 2026

-

At 31 January 2025

-

5.	FIXED ASSET INVESTMENTS

Interest

in

subsidiary

£

Cost

At 1 February 2025

and 31 January 2026

3

Net book value

At 31 January 2026

3

At 31 January 2025

3

6.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

15,000

15,000

VAT

-

2,041

15,000

17,041

Amounts falling due after more than one year:

Amounts owed by group undertakings

2,677,848

2,662,897

Aggregate amounts

2,692,848

2,679,938

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

5,379

-

Other creditors

159,393

157,316

164,772

157,316

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

120,000

120,000

9.

RESERVES

Revaluation

reserve

£

At 1 February 2025

and 31 January 2026

336,008

10.

TAXATION

2026

2025

£

£

Corporation tax

1,456

1,889

Group relief

(1,456

)

(1,889

)

Prior year adjustment

-

610

-

610