| Mamiro Ltd |
|
| Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Mamiro Ltd for the year ended 31 March 2026 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mamiro Ltd for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
www.icaew.com/en/members/regulations-standards-and-guidance |
| This report is made solely to the Board of Directors of Mamiro Ltd, as a body, in accordance with the terms of our engagement letter dated 19 September 2012. Our work has been undertaken solely to prepare for your approval the accounts of Mamiro Ltd and state those matters that we have agreed to state to the Board of Directors of Mamiro Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mamiro Ltd and its Board of Directors as a body for our work or for this report. |
| It is your duty to ensure that Mamiro Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Mamiro Ltd. You consider that Mamiro Ltd is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the accounts of Mamiro Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. |
|
| CTMP Accountants Ltd |
| Chartered Accountants |
| 838 Wickham Road |
| Croydon |
| CR0 8ED |
|
| 7 October 2026 |
|
| Mamiro Ltd |
| Registered number: |
08007039 |
| Balance Sheet |
| as at 31 March 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
3,241,408 |
|
|
3,265,978 |
| Investments |
4 |
|
|
15 |
|
|
15 |
|
|
|
|
3,241,423 |
|
|
3,265,993 |
|
| Current assets |
| Debtors |
5 |
|
99,391 |
|
|
222,122 |
| Cash at bank and in hand |
|
|
250,267 |
|
|
184,789 |
|
|
|
349,658 |
|
|
406,911 |
|
| Creditors: amounts falling due within one year |
6 |
|
(516,118) |
|
|
(601,554) |
|
| Net current liabilities |
|
|
|
(166,460) |
|
|
(194,643) |
|
| Total assets less current liabilities |
|
|
|
3,074,963 |
|
|
3,071,350 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(1,779,292) |
|
|
(1,838,023) |
|
| Provisions for liabilities |
|
|
|
(19,465) |
|
|
(25,532) |
|
|
| Net assets |
|
|
|
1,276,206 |
|
|
1,207,795 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
150 |
|
|
150 |
| Profit and loss account |
|
|
|
1,276,056 |
|
|
1,207,645 |
|
| Shareholders' funds |
|
|
|
1,276,206 |
|
|
1,207,795 |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
|
| A Rogers |
| Director |
| Approved by the board on 7 October 2026 |
|
| Mamiro 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. |
|
|
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: |
|
|
Freehold buildings (investment) |
see note 3 |
|
Plant & machinery and integral features |
over 10 years |
|
Fixtures, fittings, tools, equipment and vans |
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. |
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 April 2025 |
3,162,174 |
|
345,992 |
|
3,508,166 |
|
Additions |
- |
|
10,638 |
|
10,638 |
|
At 31 March 2026 |
3,162,174 |
|
356,630 |
|
3,518,804 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2025 |
- |
|
242,188 |
|
242,188 |
|
Charge for the year |
- |
|
35,208 |
|
35,208 |
|
At 31 March 2026 |
- |
|
277,396 |
|
277,396 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2026 |
3,162,174 |
|
79,234 |
|
3,241,408 |
|
At 31 March 2025 |
3,162,174 |
|
103,804 |
|
3,265,978 |
|
|
Land & buildings are not depreciated as in the opinion of the directors there is no depreciation in value. |
|
| 4 |
Investments |
| Other |
| investments |
| £ |
|
Cost |
|
At 1 April 2025 |
15 |
|
|
At 31 March 2026 |
15 |
|
|
| 5 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade debtors |
99,391 |
|
222,122 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loans and overdrafts |
182,955 |
|
192,877 |
|
Taxation and social security costs |
270,415 |
|
239,365 |
|
Other creditors |
62,748 |
|
169,312 |
|
|
|
|
|
|
516,118 |
|
601,554 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loans (secured) |
1,779,292 |
|
1,838,023 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Loans |
2026 |
|
2025 |
| £ |
£ |
|
Creditors include: |
|
Instalments falling due for payment after more than five years |
1,047,484 |
|
1,007,945 |
|
|
|
|
|
|
|
|
|
|
|
Secured bank loans |
1,047,484 |
|
1,007,945 |
|
|
|
|
|
|
|
|
|
|
The loans are secured over the assets of the company. |
|
|
| 9 |
Related party transactions |
|
|
The company trades with Krome Technologies Ltd, a company controlled by the directors, on an arms length basis. Income from related party during the year amounted to £1,056,699. Amount due from related party at the balance sheet date was £99,391. |
|
|
| 10 |
Controlling party |
|
|
Company is controlled by its directors. |
|
|
| 11 |
Other information |
|
|
Mamiro Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
838 Wickham Rd |
|
Croydon |
|
CR0 8ED |