Registration number: 13537922

Mingus PIC Limited

Contents

Abridged Balance Sheet	1 to 2
Notes to the Unaudited Abridged Financial Statements	3 to 4

Mingus PIC Limited

(Registration number: 13537922)
Abridged Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Investment property	4	294,910	294,910
Other financial assets	5	-	25,704
		294,910	320,614
Current assets
Debtors		1,338	1,434
Cash at bank and in hand		46,600	149,250
		47,938	150,684
Creditors: Amounts falling due within one year		(175,907)	(172,408)
Net current liabilities		(127,969)	(21,724)
Total assets less current liabilities		166,941	298,890
Creditors: Amounts falling due after more than one year		-	(141,400)
Net assets		166,941	157,490
Capital and reserves
Called up share capital		60	60
Profit and loss account		166,881	157,430
Total equity		166,941	157,490

Mingus PIC Limited

(Registration number: 13537922)
Abridged Balance Sheet as at 31 December 2025

For the financial year ending 31 December 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 of its accounts for the year in question in accordance with section 476; and
	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the Company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 2 September 2026 and signed on its behalf by:
 

Mrs C Land

Director

Mr TM Land

Director

Mingus PIC Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Special Friends Animal Medical Centre
79-81 Poplar Road
Redditch
Worcestershire
B97 6NY

These financial statements were authorised for issue by the Board on 2 September 2026.

2	Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The accounts have been prepared on a going concern basis. Of the companies liabilities, an amount is owed to the directors who have agreed to continue to support the company and not demand repayment of this amount to the extent that any such repayment would jeopardise the future of the company.

Prior period errors

Incorrect dividend income value included within the accounts

	Relating to the current period disclosed in these financial statements £	Relating to the prior period disclosed in these financial statements £	Relating to periods before the prior period disclosed in these financial statements £
Dividend income overstated	-	150,000	-
Amounts owed to group undertakings understated	-	150,000	-

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

Page 3

Mingus PIC Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 Investment properties

	2025 £
At 1 January	294,910

There has been no valuation of investment property by an independent valuer.

5	Other financial assets (current and non-current)

	Total £
Non-current financial assets
Cost or valuation
At 1 January 2025	25,704
Disposals	(25,704)
At 31 December 2025	-
Carrying amount
At 31 December 2025	-