The Mindworks Psychology Limited

Registered Number
10550627
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2026

Company Information
for the year from 1 April 2025 to 31 March 2026


Directors	HUDSON, Peter
	WEBSTER, Samantha


Registered Address	Lasyard House
	Underhill Street
	Bridgnorth
	WV16 4BB


Registered Number	10550627 (England and Wales)

The Mindworks Psychology Limited

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Current assets
Debtors		164,985		209,239
Cash at bank and on hand		203,759		201,633
		368,744		410,872
Creditors amounts falling due within one year	3	(99,510)		(106,618)
Net current assets (liabilities)			269,234		304,254
Total assets less current liabilities			269,234		304,254
Creditors amounts falling due after one year	4		(2,373)		(13,021)
Net assets			266,861		291,233
Capital and reserves
Called up share capital			100		100
Profit and loss account			266,761		291,133
Shareholders' funds			266,861		291,233

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 3 June 2026, and are signed on its behalf by:

HUDSON, Peter
Director
Registered Company No. 10550627

The Mindworks Psychology Limited

Notes to the Financial Statements
for the year ended 31 March 2026

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.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	5		5

3.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	34,800	24,301
Bank borrowings and overdrafts	10,099	10,099
Taxation and social security	54,611	72,218
Total	99,510	106,618

4.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	2,373	13,021
Total	2,373	13,021