MINO Process Control Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06910778 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

MINO PROCESS CONTROL LIMITED

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Tangible assets

4

61,865

22,357

Current assets

Debtors

5

291,732

256,863

Cash at bank and in hand

372,713

318,291

664,445

575,154

Creditors

Amounts falling due within one year

6

117,936

66,889

Net current assets

546,509

508,265

Total assets less current liabilities

608,374

530,622

Capital and reserves

Called up share capital

7

200,000

Retained earnings

408,374

330,622

Shareholders' funds

608,374

530,622

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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 June 2026 and were signed on its behalf by:

Mr D P Meech - Director

1.	Statutory information

Mino Process Control Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 06910778. The registered office address and business address is 5 Gaunts Business Centre, Petersham Lane, Wimborne, Dorset, BH21 4JT.

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.

Turnover

Turnover represents amounts receivable, excluding value added tax, in respect of engineering design services. Turnover is recognised when the service has been provided to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 14 (2024 - 11 ) .

4.	Tangible fixed assets

Fixtures

and

Computer

fittings

equipment

Totals

£

Cost

At 1 January 2025

11,449

75,900

87,349

Additions

6,471

52,343

58,814

Disposals

(10,484

)

(14,519

)

(25,003

)

At 31 December 2025

7,436

113,724

121,160

Depreciation

At 1 January 2025

10,580

54,412

64,992

Charge for year

982

18,074

19,056

Eliminated on disposal

(10,280

)

(14,473

)

(24,753

)

At 31 December 2025

1,282

58,013

59,295

Net book value

At 31 December 2025

6,154

55,711

61,865

At 31 December 2024

869

21,488

22,357

5.

Debtors: amounts falling due within one year

2025

2024

£

Trade debtors

6,546

24,727

Amounts owed by group undertakings

128,802

79,442

Other debtors

2,899

Tax

35,314

17,078

VAT

2,942

7,476

Prepayments and accrued income

115,229

125,241

291,732

256,863

6.

Creditors: amounts falling due within one year

2025

2024

£

Trade creditors

3,220

6,600

Social security and other taxes

30,469

19,142

Pension creditor

7,268

-

Other creditors

-

3

Accruals and deferred income

76,979

41,144

117,936

66,889

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

200,000

Ordinary

£1

200,000

8.	Disclosure under Section 444(5B) of the Companies Act 2006

The auditor's report on the accounts of Mino Process Control Limited for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by Nicolas Michael FCA (Senior Statutory Auditor) for and on behalf of Charlton Baker (Bristol) Limited (Statutory Auditor).

9.	Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10.	Ultimate controlling party

The company is controlled by its parent company, Mino S.P.A, by virtue of its 100% ownership of the issued share capital.

The parent company's registered office address is Via Torino 1, San Michelle, 15122 Alessandria, Italy.