Company Registration No. 13081044 (England and Wales)
Mandik UK Limited
Unaudited accounts
for the year ended 31 December 2023
Mandik UK Limited
Unaudited accounts
Contents
Mandik UK Limited
Company Information
for the year ended 31 December 2023
Directors
Marcel Mandik
Martin Fackrell
Jan Simsa
Company Number
13081044 (England and Wales)
Registered Office
ELM HOUSE 10 FOUNTAIN COURT
NEW LEAZE
BRADLEY STOKE
BRISTOL
BS32 4LA
UNITED KINGDOM
Accountants
Evans Entwistle
10 Fountain Court, Elm House
New Leaze
Bradley Stoke
Bristol
BS32 4LA
Mandik UK Limited
Statement of financial position
as at 31 December 2023
Tangible assets
13,761
5,632
Cash at bank and in hand
906,282
701,697
Creditors: amounts falling due within one year
(1,671,037)
(1,307,808)
Net current assets
396,866
312,403
Total assets less current liabilities
410,627
318,035
Provisions for liabilities
Net assets
409,682
318,035
Called up share capital
1,000
1,000
Profit and loss account
408,682
317,035
Shareholders' funds
409,682
318,035
For the year ending 31 December 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 February 2024 and were signed on its behalf by
Martin Fackrell
Director
Company Registration No. 13081044
Mandik UK Limited
Notes to the Accounts
for the year ended 31 December 2023
Mandik UK Limited is a private company, limited by shares, registered in England and Wales, registration number 13081044. The registered office is ELM HOUSE 10 FOUNTAIN COURT, NEW LEAZE, BRADLEY STOKE, BRISTOL, BS32 4LA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Mandik UK Limited
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
-
-
9,637
9,637
Additions
9,350
1,595
2,930
13,875
At 31 December 2023
9,350
1,595
12,567
23,512
At 1 January 2023
-
-
4,005
4,005
Charge for the year
1,948
143
3,655
5,746
At 31 December 2023
1,948
143
7,660
9,751
At 31 December 2023
7,402
1,452
4,907
13,761
At 31 December 2022
-
-
5,632
5,632
Amounts falling due within one year
Trade debtors
1,123,738
916,146
Accrued income and prepayments
-
1,368
Other debtors
37,883
1,000
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
676,199
460,027
Taxes and social security
183,422
115,473
Proposed dividends
600,002
500,000
Other creditors
3,662
2,934
7
Deferred taxation
2023
2022
Accelerated capital allowances
945
-
Charged to the profit and loss account
945
-
Provision at end of year
945
-
Mandik UK Limited
Notes to the Accounts
for the year ended 31 December 2023
8
Average number of employees
During the year the average number of employees was 9 (2022: 6).