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REGISTERED NUMBER: 13055559 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

ME&U UK TRADING LTD

ME&U UK TRADING LTD (REGISTERED NUMBER: 13055559)
PREVIOUSLY KNOWN AS MR YUM TRADING LIMITED






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ME&U UK TRADING LTD
PREVIOUSLY KNOWN AS MR YUM TRADING LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2022







DIRECTORS: A P Brown
L Y K Teo
D E Smith
S F Premutico





REGISTERED OFFICE: 2 Old Bath Road
Newbury
RG14 1QL





REGISTERED NUMBER: 13055559 (England and Wales)





ACCOUNTANTS: Oury Clark Chartered Accountants
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG

ME&U UK TRADING LTD (REGISTERED NUMBER: 13055559)
PREVIOUSLY KNOWN AS MR YUM TRADING LIMITED

BALANCE SHEET
31 December 2022

31.12.22 31.12.21
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 62,668 -

CURRENT ASSETS
Debtors 5 490,041 102,078
Cash at bank 585,999 408,886
1,076,040 510,964
CREDITORS
Amounts falling due within one year 6 5,365,905 1,031,630
NET CURRENT LIABILITIES (4,289,865 ) (520,666 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,227,197

)

(520,666

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (4,227,198 ) (520,667 )
(4,227,197 ) (520,666 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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.

ME&U UK TRADING LTD (REGISTERED NUMBER: 13055559)
PREVIOUSLY KNOWN AS MR YUM TRADING LIMITED

BALANCE SHEET - continued
31 December 2022


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 15 April 2024 and were signed on its behalf by:





L Y K Teo - Director


ME&U UK TRADING LTD (REGISTERED NUMBER: 13055559)
PREVIOUSLY KNOWN AS MR YUM TRADING LIMITED

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

ME&U UK Trading 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.

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.

The financial statements have been prepared on a going concern basis as Mr Yum Holdings Pty Ltd, the Parent Company, will continue to support the Company as required for a minimum of 12 months and 1 day from the date of the signing of the Balance Sheet.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents revenue from contracts with customers and transaction fees. All turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Contract revenue is recognised at the point in time that performance obligations have been met and transaction fees are recognised at the point in time that the service is delivered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - over remaining term of lease
Plant and machinery etc - 33% on cost and 12.5% on cost

Financial instruments
Basic Financial Instruments as covered by Section 11 of FRS102 are measured at amortised cost. The Company does not have any Other Financial Instruments as covered by Section 12 of FRS102.

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.


ME&U UK TRADING LTD (REGISTERED NUMBER: 13055559)
PREVIOUSLY KNOWN AS MR YUM TRADING LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2022

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2021 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
Additions 6,913 72,304 79,217
At 31 December 2022 6,913 72,304 79,217
DEPRECIATION
Charge for year 1,728 14,821 16,549
At 31 December 2022 1,728 14,821 16,549
NET BOOK VALUE
At 31 December 2022 5,185 57,483 62,668

ME&U UK TRADING LTD (REGISTERED NUMBER: 13055559)
PREVIOUSLY KNOWN AS MR YUM TRADING LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
as restated
£    £   
Trade debtors 7,234 -
Amounts owed by group undertakings 9,600 -
Other debtors 473,207 102,078
490,041 102,078

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
as restated
£    £   
Trade creditors 26,356 47,301
Amounts owed to group undertakings 5,166,478 989,021
Taxation and social security 16,806 (22,314 )
Other creditors & accruals 156,265 17,622
5,365,905 1,031,630

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.22 31.12.21
as restated
£    £   
Within one year 295,371 290,580
Between one and five years 109,334 375,445
404,705 666,025

8. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

9. ULTIMATE PARENT COMPANY

The ultimate parent undertaking is Mr Yum Holdings Pty Ltd, a company incorporated in Australia. The largest entity preparing consolidated financial statements is Mr Yum Holdings Pty Ltd. Consolidated accounts are prepared but are not publicly available.