Mantle Asset Management Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11572030 (England and Wales)

Financial Statements

for the Year Ended 30 September 2021

for

MANTLE ASSET MANAGEMENT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J A Baker

Mr G E Baker

Mr M J Chandler

Mr M N Thatcher

Ms K E Chaplin

REGISTERED OFFICE:

The Priory Thremhall Park

Start Hill

Bishops Stortford

Hertfordshire

CM22 7WE

REGISTERED NUMBER:

11572030 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

CURRENT ASSETS

Debtors

4

90,421

85,000

Cash at bank

19,939

45,998

110,360

130,998

CREDITORS

Amounts falling due within one year

5

80

19,883

NET CURRENT ASSETS

110,280

111,115

TOTAL ASSETS LESS CURRENT LIABILITIES

110,280

111,115

CREDITORS

Amounts falling due after more than one year

6

25,375

26,250

NET ASSETS

84,905

84,865

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

84,805

84,765

SHAREHOLDERS' FUNDS

84,905

84,865

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 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 24 June 2022 and were signed on its behalf by:

Mr J A Baker - Director

1.	STATUTORY INFORMATION

Mantle Asset Management 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, excluding discounts, rebates, value added tax and other sales taxes.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Trade debtors

421

-

Amounts owed by group undertakings

90,000

85,000

90,421

85,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Taxation and social security

80

19,883

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.21

30.9.20

£

£

Other creditors

25,375

26,250

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

5,250

5,250

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.21

30.9.20

value:

£

£

100

Ordinary

£1

100

100