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Registered number: 04554512
Mount Laboratories (Uk) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
AEH Accountancy Ltd
Chartered Accountants
The Stables
Church Farm
Willey
Warwickshire
CV23 0SH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04554512
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 914 1,588
914 1,588
CURRENT ASSETS
Debtors 5 9,763 89,511
Cash at bank and in hand 134,745 73,516
144,508 163,027
Creditors: Amounts Falling Due Within One Year 6 (38,272 ) (88,157 )
NET CURRENT ASSETS (LIABILITIES) 106,236 74,870
TOTAL ASSETS LESS CURRENT LIABILITIES 107,150 76,458
NET ASSETS 107,150 76,458
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 107,149 76,457
SHAREHOLDERS' FUNDS 107,150 76,458
Page 1
Page 2
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Nigel Mount
Director
3rd September 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Mount Laboratories (Uk) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04554512 . The registered office is 68 Woodmarket, Lutterworth, Leicestershire, LE17 4DB.
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. 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.
2.3. 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
Office Equipment 33% reducing balance
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Tangible Assets
Fixtures & Fittings Office Equipment Total
£ £ £
Cost
As at 1 April 2025 9,487 1,787 11,274
As at 31 March 2026 9,487 1,787 11,274
Depreciation
As at 1 April 2025 9,090 596 9,686
Provided during the period 79 595 674
As at 31 March 2026 9,169 1,191 10,360
Net Book Value
As at 31 March 2026 318 596 914
As at 1 April 2025 397 1,191 1,588
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 6,351 41,203
Prepayments and accrued income 326 34,385
Other debtors - 26
VAT 3,086 13,494
Other taxes and social security - 403
9,763 89,511
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 5,518 45,270
Credit card 248 155
Accruals and deferred income 735 700
Director's loan account 31,771 42,032
38,272 88,157
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
Page 4