MINERVA (UK) LTD

Company Registration Number:
09301080 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

MINERVA (UK) LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

MINERVA (UK) LTD

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Fixed assets
Tangible assets: 3 79,111 95,894
Total fixed assets: 79,111 95,894
Current assets
Stocks: 524,713 511,699
Debtors:   310,340 226,079
Cash at bank and in hand: 95,346 99,307
Total current assets: 930,399 837,085
Creditors: amounts falling due within one year: 4 (551,138) (507,901)
Net current assets (liabilities): 379,261 329,184
Total assets less current liabilities: 458,372 425,078
Creditors: amounts falling due after more than one year: 5 (28,268) (57,876)
Provision for liabilities: (10,472) (13,559)
Total net assets (liabilities): 419,632 353,643
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 419,532 353,543
Shareholders funds: 419,632 353,643

The notes form part of these financial statements

MINERVA (UK) LTD

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 September 2023
and signed on behalf of the board by:

Name: Mrs K J Neagle
Status: Director

The notes form part of these financial statements

MINERVA (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MINERVA (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 15 14

MINERVA (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 190,870
Additions 478
At 31 December 2022 191,348
Depreciation
At 01 January 2022 94,976
Charge for year 17,261
At 31 December 2022 112,237
Net book value
At 31 December 2022 79,111
At 31 December 2021 95,894

MINERVA (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Creditors: amounts falling due within one year note

Bank loans and overdrafts 9872Other loans 15530Hire purchase contracts 4184Trade creditors 406192Corporation tax 37027Social security and other taxes 14297Directors current accounts 50817Accrued expenses 13219

MINERVA (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due after more than one year note

Bank loans repayable in 1-2 years 10128Bank loans repayable in 2-5 years 15649Hire purchase contracts 2491