Menspire Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08285076

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		7,718		-
Tangible Assets	5		4,105		5,233

			11,823		5,233
CURRENT ASSETS
Debtors	6	35,089		66,637
Cash at bank and in hand		17,902		24,226

		52,991		90,863
Creditors: Amounts Falling Due Within One Year	7	(291,319 )		(229,087 )

NET CURRENT ASSETS (LIABILITIES)			(238,328 )		(138,224 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(226,505 )		(132,991 )

Creditors: Amounts Falling Due After More Than One Year	8		(18,815 )		(22,399 )

NET LIABILITIES			(245,320 )		(155,390 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(245,420 )		(155,490 )

SHAREHOLDERS' FUNDS			(245,320)		(155,390)

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Menspire Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit 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 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 Joshua Lamonaca Director	Mr Samuel Palmer Director
20 July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Menspire Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08285076 . The registered office is 145-147 Hatfield Road, St. Albans, Hertfordshire, England, AL1 4JY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible asset is Trademarks. It is amortised to the profit and loss account over its estimated economic life of 10 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:

Fixtures & Fittings	20% Reducing Balance
Computer Equipment	20% Straight Line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Intangible Assets

	Trademarks
	£
Cost
As at 1 March 2024	-
Additions	8,196

As at 28 February 2025	8,196

...CONTINUED

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Menspire Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

Amortisation
As at 1 March 2024	-
Provided during the period	478

As at 28 February 2025	478

Net Book Value
As at 28 February 2025	7,718

As at 1 March 2024	-

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 March 2024	39,609	-	39,609
Additions	-	225	225

As at 28 February 2025	39,609	225	39,834

Depreciation
As at 1 March 2024	34,376	-	34,376
Provided during the period	1,308	45	1,353

As at 28 February 2025	35,684	45	35,729

Net Book Value
As at 28 February 2025	3,925	180	4,105

As at 1 March 2024	5,233	-	5,233

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	22,439
Other debtors	16,075	16,075
Amounts owed by group undertakings	19,014	28,123

	35,089	66,637

Included in Amounts owed by group undertakings is a balance of £19,014 (2024: £21,609) which is owed by Joshua Lamonaca Limited a company wholly owned by Joshua Lamonaca who is a director and shareholder of the company.

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Menspire Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other taxes and social security	3,355	-
VAT	15,496	10,194
Other creditors	81,163	81,162
Accruals and deferred income	-	1,246
Directors' loan accounts	93,565	68,673
Amounts owed to group undertakings	97,740	67,812

	291,319	229,087

Included in Amounts owed to group undertakings is a balance of £375 (2024: £Nil) which is owed to Menspire Education International Limited, a balance of £2,775 (2024: £Nil) which is owed to Menspire Education Products Limited, a balance of £94,040 (2024: £76,684) which is owed to Menspire Products Limited of which Joshua Lamonaca and Samuel Palmer are also directors and a balance of £550 (2024: £Nil) which is owed to Samuel Palmer Limited of which Samuel Palmer is a director and shareholder.

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	18,815	22,399

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

10. Directors Advances, Credits and Guarantees

Included within Creditors are the following loans by directors:

	As at 1 March 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 28 February 2025
	£	£	£	£	£
Mr Joshua Lamonaca	(57,558 )	2,374	(12,570 )	-	(67,754 )
Mr Samuel Palmer	(11,115 )	2,374	(17,070 )	-	(25,811 )

The above loan is unsecured, interest free and repayable on demand.

11. Ultimate Controlling Party

The company's ultimate controlling parties are Joshua Lamonaca & Samuel Palmer by virtue of their ownership of 100% of the issued share capital in the company.

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