REGISTERED NUMBER: 10145591 (England and Wales)

Unaudited Financial Statements

for the Period 1 September 2024 to 30 August 2025

for

Mindsenseability Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr F M Macdiarmid

Ms S J Teal

REGISTERED OFFICE:

Unit 5 Beck Farm

St Leonards Road

Sowley

Lymington

Hampshire

SO41 5RS

REGISTERED NUMBER:

10145591 (England and Wales)

ACCOUNTANTS:

Rawlence and Browne UDY Limited

Unit 17 Lancaster Road

Sarum Business Park

Old Sarum

Salisbury

Wiltshire

SP4 6FB

FIXED ASSETS

Tangible assets

4

176,177

86,318

CURRENT ASSETS

Stocks

405,851

-

Debtors

5

261,380

228,329

Cash at bank

435,837

999,120

1,103,068

1,227,449

CREDITORS

Amounts falling due within one year

6

97,555

158,068

NET CURRENT ASSETS

1,005,513

1,069,381

TOTAL ASSETS LESS CURRENT LIABILITIES

1,181,690

1,155,699

PROVISIONS FOR LIABILITIES

6,260

9,412

NET ASSETS

1,175,430

1,146,287

CAPITAL AND RESERVES

Called up share capital

2

2

Capital redemption reserve

1

1

Retained earnings

1,175,427

1,146,284

1,175,430

1,146,287

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 August 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2026 and were signed on its behalf by:

Dr F M Macdiarmid - Director

1.	STATUTORY INFORMATION

Mindsenseability Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost, 15% on reducing balance and 10% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the period 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

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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 30 (2024 - 33 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

188,097

Additions

120,441

At 30 August 2025

308,538

DEPRECIATION

At 1 September 2024

101,779

Charge for period

30,582

At 30 August 2025

132,361

NET BOOK VALUE

At 30 August 2025

176,177

At 31 August 2024

86,318

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.8.25

31.8.24

£

£

Trade debtors

227,371

221,953

Other debtors

34,009

6,376

261,380

228,329

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.8.25

31.8.24

£

£

Trade creditors

9,288

-

Taxation and social security

64,936

112,270

Other creditors

23,331

45,798

97,555

158,068