MAILOSAUR LTD - Filleted accounts

Registered number

07999725

MAILOSAUR LTD

Report and Accounts

31 March 2026

MAILOSAUR LTD
Registered number:		07999725
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		470			470
Tangible assets	4		168,680			80,019
			169,150			80,489

Current assets
Debtors	5	204,376			103,334
Investments held as current assets	6	191,273			182,836
Cash at bank and in hand		352,480			492,631
		748,129			778,801

Creditors: amounts falling due within one year	7	(865,126)			(676,664)

Net current (liabilities)/assets			(116,997)			102,137

Net assets			52,153			182,626

Capital and reserves
Called up share capital			100			100
Revaluation reserve	8		13,836			13,836
Profit and loss account			38,217			168,690

Shareholders' funds			52,153			182,626

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J W Mahoney
Director
Approved by the board on 2 July 2026

MAILOSAUR LTD
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 4 years
	Fixtures, fittings, tools and equipment	over 4 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.



	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		12		10


3	Intangible fixed assets				£
	Goodwill:

	Cost
	At 1 April 2025				470
	At 31 March 2026				470

	Amortisation
	At 31 March 2026				-

	Net book value
	At 31 March 2026				470
	At 31 March 2025				470

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2025				127,877
	Additions				132,673
	At 31 March 2026				260,550

	Depreciation
	At 1 April 2025				47,858
	Charge for the year				44,012
	At 31 March 2026				91,870

	Net book value
	At 31 March 2026				168,680
	At 31 March 2025				80,019


5	Debtors		2026		2025
£				£

	Trade debtors		199,571		99,440
	Other debtors		4,805		3,894
			204,376		103,334


6	Investments held as current assets		2026		2025
£				£
	Fair value
	Unlisted investments		191,273		182,836

	Increase/(decrease) in fair value included in the profit and loss account for the financial year
	Unlisted investments		8,437		-



7	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		288		248
	Taxation and social security costs		170,306		164,946
	Other creditors		694,532		511,470
			865,126		676,664


8	Revaluation reserve		2026		2025
£				£

	At 1 April 2025		13,836		5,656
	Gain on revaluation of land and buildings		-		8,180

	At 31 March 2026		13,836		13,836


9	Other information

	MAILOSAUR LTD is a private company limited by shares and incorporated in England. Its registered office is:
	The Square
	Basing View
	Basingstoke
	Hampshire
	RG21 4EB