COMPANY REGISTRATION NUMBER:
14341138
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Coventry and Warwickshire Mind Trading Limited |
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Filleted Financial Statements |
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Coventry and Warwickshire Mind Trading Limited |
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Statement of Financial Position |
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31 March 2026
Current assets
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Debtors |
4 |
9,856 |
|
9,856 |
|
Cash at bank and in hand |
23,469 |
|
22,266 |
|
------- |
|
------- |
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33,325 |
|
32,122 |
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|
|
|
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Creditors: amounts falling due within one year |
5 |
31,952 |
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29,043 |
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------- |
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------- |
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Net current assets |
|
1,373 |
3,079 |
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------ |
------ |
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Total assets less current liabilities |
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1,373 |
3,079 |
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|
|
|
|
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Accruals and deferred income |
|
2,455 |
2,385 |
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------ |
------ |
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Net (liabilities)/assets |
|
(
1,082) |
694 |
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------ |
------ |
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Capital and reserves
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Called up share capital |
6 |
|
4 |
4 |
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Profit and loss account |
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(
1,086) |
690 |
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------ |
---- |
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Shareholders (deficit)/funds |
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(
1,082) |
694 |
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------ |
---- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the
board of directors
and authorised for issue on
8 September 2026
, and are signed on behalf of the board by:
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S.R. Hill |
T.D. Plant |
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Director |
Director |
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Company registration number:
14341138
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Coventry and Warwickshire Mind Trading Limited |
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Notes to the Financial Statements |
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Year ended 31 March 2026
1.
General information
The company is a private company limited by shares incorporated, registered and trading in England and Wales with the company number
14341138
. The address of the registered office is Wellington Gardens, Windsor Street, Coventry, CV1 3BT.
2.
Statement of compliance
The financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' ('FRS 102') and Companies Act 2006.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the company and rounded to the nearest £.
Going concern
The financial statements have been prepared on a going concern basis. This is dependent on the parent company, Coventry, Warwickshire and Worcestershire Mind Ltd (02631898), continuing to provide adequate financial support to enable the company to meet its liabilities as they fall due for at least the next 12 months.
Judgements and key sources of estimation uncertainty
In preparing these financial statements the directors have had to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets, liabilities, income and expenses. Estimates and associated assumptions are based on historic experience and various other factors including expectations of future events that are believed to be reasonable under the circumstances, however actual results may differ from these estimates. For this reporting date there are no significant judgements, estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Financial instruments
The company only has basic financial instruments. - Financial Assets Financial assets comprise items such as cash at bank and in hand and trade and other debtors. These are initially recorded at cost on the date they originate, the company considers evidence of impairment for all individual elements comprising financial assets and any subsequent impairment is recognised in profit and loss. - Financial liabilities Financial liabilities comprise items such as corporation and other taxes, bank and other loans, accruals and trade and other creditors. These are initially recorded at cost on the date they originate, net of transaction costs where applicable, the company considers evidence of impairment for all individual elements comprising financial liabilities and any subsequent impairment is recognised in profit and loss.
4.
Debtors
|
2026 |
2025 |
|
£ |
£ |
|
Trade debtors |
9,367 |
9,367 |
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Other debtors |
489 |
489 |
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------ |
------ |
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9,856 |
9,856 |
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------ |
------ |
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5.
Creditors:
amounts falling due within one year
|
2026 |
2025 |
|
£ |
£ |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
7,211 |
4,316 |
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Social security and other taxes |
1,556 |
1,559 |
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Other creditors |
23,185 |
23,168 |
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------- |
------- |
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31,952 |
29,043 |
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------- |
------- |
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6.
Called up share capital
Issued, called up and fully paid
|
2026 |
2025 |
|
No. |
£ |
No. |
£ |
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Ordinary shares of £ 1 each |
4 |
4 |
4 |
4 |
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---- |
---- |
---- |
---- |
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7.
Limitation of auditors liability
The company on 21 May 2026 has entered into a limitation of auditors liability with the auditor limiting the auditor's liability to a maximum of £1,500,000 (including interest).
8.
Summary audit opinion
The auditor's report dated
8 September 2026
was
unqualified
.
The senior statutory auditor was
David Pearson
, for and on behalf of
Edwards Pearson & White (Audit) Limited
.
9.
Directors' advances, credits and guarantees
At the reporting date the directors loan account was £Nil (2025: Nil).
10.
Controlling party
Coventry and Warwickshire Mind Trading Ltd is a 100% owned subsidiary of Coventry, Warwickshire and Worcestershire Mind Ltd, an incorporated charitable company limited by guarantee in England and Wales. A copy of the group consolidated financial statements of the ultimate parent undertaking is available from their registered office at First Floor, Allesley Neighbourhood Centre, 2 Whitaker Road, Coventry, CV5 9JE.