REGISTERED NUMBER: 04809475 (England and Wales)

MEGAMIX DESIGN & DISPLAY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

5

DIRECTOR:

T J Boardman

SECRETARY:

Mrs E L Boardman

REGISTERED OFFICE:

Unit 11-13 Blackthorn Way

Five Mile Business Park

Five Mile Lane, Washingborough

Lincoln

Lincolnshire

LN4 1BF

REGISTERED NUMBER:

04809475 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

FIXED ASSETS

Tangible assets

4

414,330

334,064

CURRENT ASSETS

Stocks

250,081

169,621

Debtors

5

322,460

330,068

Cash at bank

236,766

206,881

809,307

706,570

CREDITORS

Amounts falling due within one year

6

262,813

400,514

NET CURRENT ASSETS

546,494

306,056

TOTAL ASSETS LESS CURRENT LIABILITIES

960,824

640,120

CREDITORS

Amounts falling due after more than one year

7

(37,161

)

(48,708

)

PROVISIONS FOR LIABILITIES

(49,461

)

(28,137

)

NET ASSETS

874,202

563,275

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

874,102

563,175

SHAREHOLDERS' FUNDS

874,202

563,275

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 director acknowledges his 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 director and authorised for issue on 27 October 2025 and were signed by:

T J Boardman - Director

1.	STATUTORY INFORMATION

Megamix Design & Display 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 presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows;

Sales

These are recognised upon delivery to the customer, or upon collection by the customer.

Management charge

This is recognised on an arm's length basis.

Interest

Interest income is recognised using the effective interest method.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance, 20% on cost, 15% on reducing balance and 3 - 6 years straight line

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell and after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the income statement over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2024

199,007

1,080,025

1,279,032

Additions

2,930

140,913

143,843

Disposals

-

(244,895

)

(244,895

)

At 30 April 2025

201,937

976,043

1,177,980

DEPRECIATION

At 1 May 2024

33,304

911,664

944,968

Charge for year

5,004

56,882

61,886

Eliminated on disposal

-

(243,204

)

(243,204

)

At 30 April 2025

38,308

725,342

763,650

NET BOOK VALUE

At 30 April 2025

163,629

250,701

414,330

At 30 April 2024

165,703

168,361

334,064

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

174,201

212,202

Amounts owed by group undertakings

139,541

102,874

Other debtors

8,718

14,992

322,460

330,068

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

1,547

1,417

Trade creditors

135,861

190,434

Amounts owed to group undertakings

-

186,687

Taxation and social security

104,518

1,797

Other creditors

10,887

10,179

262,813

400,514

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

1,667

11,667

Hire purchase contracts

35,494

37,041

37,161

48,708

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

£

Bank loans

11,667

21,667

Hire purchase contracts

37,041

38,458

48,708

60,125

There are fixed and floating charges over the undertaking and all property and assets. Hire purchase liabilities are secured on the asset to which they relate.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

100

Ordinary

£1

100

100