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Registered number: 05733296
Ministry of Experience Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Elevate Professional Ltd T/A Elevate Accountancy
Unit 5 Marlborough Road
Wrexham Industrial Estate
Wrexham
LL13 9RJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05733296
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 77,208 55,621
77,208 55,621
CURRENT ASSETS
Debtors 5 2,344 -
Cash at bank and in hand 241,809 256,193
244,153 256,193
Creditors: Amounts Falling Due Within One Year 6 (66,212 ) (67,554 )
NET CURRENT ASSETS (LIABILITIES) 177,941 188,639
TOTAL ASSETS LESS CURRENT LIABILITIES 255,149 244,260
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (6,453 ) (659 )
NET ASSETS 248,696 243,601
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 247,696 242,601
SHAREHOLDERS' FUNDS 248,696 243,601
Page 1
Page 2
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr C Leiper
Director
29/05/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ministry of Experience Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05733296 . The registered office is 26 Aits View, Victoria Avenue, West Molesey, Surrey, KT8 1TL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 3% on cost (straight line)
Plant & Machinery 25% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 April 2025 68,112 22,801 90,913
Additions - 25,192 25,192
As at 31 March 2026 68,112 47,993 116,105
Depreciation
As at 1 April 2025 15,126 20,166 35,292
Provided during the period 1,590 2,015 3,605
As at 31 March 2026 16,716 22,181 38,897
Net Book Value
As at 31 March 2026 51,396 25,812 77,208
As at 1 April 2025 52,986 2,635 55,621
Page 3
Page 4
5. Debtors
2026 2025
£ £
Due within one year
Corporation tax recoverable assets 2,344 -
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 64,324 64,629
Taxation and social security 1,888 2,925
66,212 67,554
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2026 2025
£ £
Other timing differences 6,453 659
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4