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REGISTERED NUMBER: 04493695 (England and Wales)












MEINDL UK LTD

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023






MEINDL UK LTD (REGISTERED NUMBER: 04493695)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MEINDL UK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







Directors: Mr N C Bramwell
Mr A C Bramwell
Mr L Meindl
Mr L Meindl



Secretary: Mr A C Bramwell



Registered office: Hincaster Hall
Hincaster
MILNTHORPE
LA7 7ND



Business address: Hincaster Hall
MILNTHORPE
LA7 7ND



Registered number: 04493695 (England and Wales)



Auditors: Xeinadin Audit Limited
Accountants and Statutory Auditors
Dalton House
9 Dalton Square
LANCASTER
LA1 1WD



Bankers: HSBC Bank plc
64 Highgate
KENDAL
LA9 4TF



Accountants: Scott & Wilkinson
Dalton House
9 Dalton Square
LANCASTER
LA1 1WD

MEINDL UK LTD (REGISTERED NUMBER: 04493695)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £   
Current assets
Stocks 971,520 975,337
Debtors 4 1,212,492 1,202,931
Cash at bank 1,090,658 1,299,880
3,274,670 3,478,148
Creditors
Amounts falling due within one year 5 2,069,347 2,358,895
Net current assets 1,205,323 1,119,253
Total assets less current liabilities 1,205,323 1,119,253

Capital and reserves
Called up share capital 1 1
Retained earnings 1,205,322 1,119,252
1,205,323 1,119,253

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2024 and were signed on its behalf by:





Mr L Meindl - Director


MEINDL UK LTD (REGISTERED NUMBER: 04493695)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023


1. Statutory information

Meindl UK 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 and represents amounts receivable, for goods provided in the normal course of business, net of discounts, rebates, value added tax and other sales taxes.

Turnover is recognised at a point in time when a performance obligation is satisfied by transferring goods to the customer.

Stocks
Stocks are valued at the lower of cost and net realisable value, 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 Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. Employees and directors

The average number of employees during the year was NIL (2022 - NIL).

MEINDL UK LTD (REGISTERED NUMBER: 04493695)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


4. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 1,191,690 1,121,558
Other debtors 20,802 81,373
1,212,492 1,202,931

5. Creditors: amounts falling due within one year
2023 2022
£    £   
Trade creditors 1,647,452 1,705,276
Taxation and social security 275,589 477,575
Other creditors 146,306 176,044
2,069,347 2,358,895

6. Disclosure under Section 444(5B) of the Companies Act 2006

The Auditors' Report was unqualified.

Stuart Hinnigan FCA CTA (Senior Statutory Auditor)
for and on behalf of Xeinadin Audit Limited

7. Ultimate controlling party

The controlling party is Meindl Holding Gmbh.

The ultimate controlling party is Meindl Holding Gmbh.

The company's immediate parent is Meindl Holding Gmbh, incorporated in Germany.