MANTLE (CHELMSFORD) LIMITED


Directors	G E Baker
	M J Chandler


Registered Address	The Priory
	Thremhall Park, Start Hill
	Bishop`S Stortford
	CM22 7WE


Registered Number	07147915 (England and Wales)

Statement of Financial Position
30 June 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		51,025		-
Investment property	4		3,151,320		3,135,000
			3,202,345		3,135,000
Current assets
Debtors	5	1,125,082		1,229,011
Cash at bank and on hand		96,710		50,899
		1,221,792		1,279,910
Creditors amounts falling due within one year	6	(2,127,042)		(2,292,755)
Net current assets (liabilities)			(905,250)		(1,012,845)
Total assets less current liabilities			2,297,095		2,122,155
Creditors amounts falling due after one year	7		(15,722)		(25,899)
Provisions for liabilities	8		(218,502)		(218,502)
Net assets			2,062,871		1,877,754
Capital and reserves
Called up share capital			200		200
Revaluation reserve			781,984		781,984
Profit and loss account			1,280,687		1,095,570
Shareholders' funds			2,062,871		1,877,754

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 25 June 2026, and are signed on its behalf by:

G E Baker
Director
Registered Company No. 07147915

MANTLE (CHELMSFORD) LIMITED

Notes to the Financial Statements
for the year ended 30 June 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Interest income
	Interest income is recognised using the effective interest rate method.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Plant and machinery	20
	Fixtures and fittings	20

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Total
	£	£	£
Cost or valuation
Additions	8,373	48,845	57,218
At 30 June 25	8,373	48,845	57,218
Depreciation and impairment
Charge for year	1,535	4,658	6,193
At 30 June 25	1,535	4,658	6,193
Net book value
At 30 June 25	6,838	44,187	51,025
At 30 June 24	-	-	-

4.	Investment property


		£
	Fair value at 01 July 24	3,135,000
	Additions	16,320
	At 30 June 25	3,151,320

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	6,004	4,061
Amounts owed by group undertakings	671,680	777,589
Other debtors	203,760	203,760
Prepayments and accrued income	828	790
Total	882,272	986,200

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	4,074	2,084
Amounts owed to related parties	2,065,548	1,974,120
Taxation and social security	54,620	40,341
Accrued liabilities and deferred income	2,800	276,210
Total	2,127,042	2,292,755

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	15,722	25,899
Total	15,722	25,899

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	218,502	218,502
Total	218,502	218,502

9.	Related party transactions
	At the balance sheet date, the company owed £2,065,548 (2024: £1,974,120) to Mantle (Hertford) Ltd. The company owed £Nil (2024: £20,000) by Coastwind Ltd, £Nil (2024: £60,000) by Bailey Bridge Ltd, & £133,756 (2024: £130,813) by Jackson Management. The companies are related parties by virtue of the fact that they are under common control.