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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
Page
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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
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Mandik UK Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,761 
5,632 
Current assets
Debtors
1,161,621 
918,514 
Cash at bank and in hand
906,282 
701,697 
2,067,903 
1,620,211 
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
Deferred tax
(945)
- 
Net assets
409,682 
318,035 
Capital and reserves
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
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Mandik UK Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 taxation
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.
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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 
Depreciation
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 
Net book value
At 31 December 2023
7,402 
1,452 
4,907 
13,761 
At 31 December 2022
- 
- 
5,632 
5,632 
5
Debtors
2023 
2022 
£ 
£ 
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 
1,161,621 
918,514 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
88,504 
158,488 
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 
Accruals
119,248 
70,886 
1,671,037 
1,307,808 
7
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
945 
- 
2023 
2022 
£ 
£ 
Charged to the profit and loss account
945 
- 
Provision at end of year
945 
- 
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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).
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