Registration number: 16361768

Mendip Renovations Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 6

Mendip Renovations Limited

(Registration number: 16361768)
Balance Sheet as at 30 April 2026

	Note	2026 £
Fixed assets
Intangible assets	4	2,400
Tangible assets	5	16,650
		19,050
Current assets
Debtors	6	47,141
Cash at bank and in hand		3,283
		50,424
Creditors: Amounts falling due within one year	7	(59,318)
Net current liabilities		(8,894)
Total assets less current liabilities		10,156
Creditors: Amounts falling due after more than one year	7	(8,381)
Net assets		1,775
Capital and reserves
Called up share capital		200
Retained earnings		1,575
Shareholders' funds		1,775

For the financial period ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 October 2026 and signed on its behalf by:
 

......................................... S T Davidson Director

Mendip Renovations Limited

Notes to the Unaudited Financial Statements for the Period from 2 April 2025 to 30 April 2026

1	General information

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

The address of its registered office is:
Office 1.5
The Bath St Business Hub
22 Bath Street
Frome
Somerset
BA11 1DJ

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These 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.

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 that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current 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 income 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.

Mendip Renovations Limited

Notes to the Unaudited Financial Statements for the Period from 2 April 2025 to 30 April 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Mendip Renovations Limited

Notes to the Unaudited Financial Statements for the Period from 2 April 2025 to 30 April 2026

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 1.

Mendip Renovations Limited

Notes to the Unaudited Financial Statements for the Period from 2 April 2025 to 30 April 2026

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
Additions acquired separately	3,000	3,000
At 30 April 2026	3,000	3,000
Amortisation
Amortisation charge	600	600
At 30 April 2026	600	600
Net book value
At 30 April 2026	2,400	2,400

5	Tangible assets

	Motor vehicles  £	Total £
Cost or valuation
Additions	22,200	22,200
At 30 April 2026	22,200	22,200
Depreciation
Charge for the period	5,550	5,550
At 30 April 2026	5,550	5,550
Net book value
At 30 April 2026	16,650	16,650

6

Debtors

	Note	2026 £
Trade debtors		34,421
Amounts owed by related parties	9	12,195
Other debtors		525
		47,141

Mendip Renovations Limited

Notes to the Unaudited Financial Statements for the Period from 2 April 2025 to 30 April 2026

7

Creditors

Amounts falling due within one year

	Note	2026 £
Due within one year
Loans and borrowings	8	3,198
Taxation and social security		53,915
Accruals and deferred income		2,205
		59,318

Amounts falling due after more than one year

	Note	2026 £
Due after one year
Loans and borrowings	8	8,381

8	Loans and borrowings

Non-current loans and borrowings

	2026 £
Bank borrowings	8,381

Current loans and borrowings

	2026 £
Bank borrowings	3,198

9	Related party transactions

Transactions with directors

2026	At 2 April 2025 £	Advances to director £	Repayments by director £	At 30 April 2026 £
S T Davidson
	-	85,812	(73,617)	12,195