REGISTERED NUMBER: 03047585 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

MIXMATE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R M Slinn

Mrs P C Bridges

REGISTERED OFFICE:

3 Bluebell Woods

Lake Lane Barnham

Bognor Regis

West Sussex

PO22 0BZ

REGISTERED NUMBER:

03047585 (England and Wales)

ACCOUNTANTS:

Lewis Brownlee (Chichester) Limited

Chartered Accountants

Appledram Barns

Birdham Road

Chichester

West Sussex

PO20 7EQ

FIXED ASSETS

Tangible assets

4

1,399

274

Investment property

5

1,473,000

1,605,000

1,474,399

1,605,274

CURRENT ASSETS

Debtors

6

2,652

3,791

Cash at bank

31,852

10,124

34,504

13,915

CREDITORS

Amounts falling due within one year

7

1,045,689

1,041,852

NET CURRENT LIABILITIES

(1,011,185

)

(1,027,937

)

TOTAL ASSETS LESS CURRENT LIABILITIES

463,214

577,337

PROVISIONS FOR LIABILITIES

64,260

97,168

NET ASSETS

398,954

480,169

CAPITAL AND RESERVES

Called up share capital

100

100

Non distributable reserve

230,236

362,143

Retained earnings

168,618

117,926

398,954

480,169

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 November 2025 and were signed on its behalf by:

Mrs P C Bridges - Director

1.	STATUTORY INFORMATION

Mixmate Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentational currency of the financial statements is the Pound Sterling (£) which is rounded to the nearest pound (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Rental income is recognised in the accounts in the period in which the rent falls due.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Computer equipment

-

33% on cost and 20% on reducing balance

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Accumulated fair value gains on investment property, net of deferred tax, are transferred from the retained earnings reserve to a non distributable reserve.

Financial instruments

Financial instruments are classified by the director as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method. The company has no advanced financial instruments.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 May 2024

-

1,596

1,596

Additions

771

800

1,571

Disposals

-

(1,596

)

(1,596

)

At 30 April 2025

771

800

1,571

DEPRECIATION

At 1 May 2024

-

1,322

1,322

Charge for year

16

210

226

Eliminated on disposal

-

(1,376

)

(1,376

)

At 30 April 2025

16

156

172

NET BOOK VALUE

At 30 April 2025

755

644

1,399

At 30 April 2024

-

274

274

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

1,605,000

Revaluations

(132,000

)

At 30 April 2025

1,473,000

NET BOOK VALUE

At 30 April 2025

1,473,000

At 30 April 2024

1,605,000

Investment property is shown at the most recent market valuation on 30 April 2025. The valuations were calculated by the directors, having made reference to the recent sales values of similar properties in the same area. The historical cost of the Investment property at 30 April 2025 was £1,145,687 (2024: £1,145,687).

Fair value at 30 April 2025 is represented by:

£

Valuation in 2016

146,205

Valuation in 2017

20,000

Valuation in 2019

30,615

Valuation in 2020

30,000

Valuation in 2021

35,000

Valuation in 2022

152,493

Valuation in 2023

174,000

Valuation in 2024

(129,000

)

Valuation in 2025

(132,000

)

Cost

1,145,687

1,473,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2,652

3,791

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,980

14,385

Taxation and social security

4,159

992

Other creditors

1,038,550

1,026,475

1,045,689

1,041,852