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REGISTERED NUMBER: 03605406 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Merkle (UK) Limited

Merkle (UK) Limited (Registered number: 03605406)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Merkle (UK) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs N Syddall
C Gould
G Martin





SECRETARY: Mrs N Syddall





REGISTERED OFFICE: Metconnect House
Junction 22 Business Park
Tweedale Way, Hollinwood
Oldham
Lancashire
OL9 7LD





REGISTERED NUMBER: 03605406 (England and Wales)





ACCOUNTANTS: Lomas and Company Accountants Limited
Bridge House
12 Market Street
Glossop
Derbyshire
SK13 8AR

Merkle (UK) Limited (Registered number: 03605406)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 96,295 121,791

CURRENT ASSETS
Stocks 66,433 73,232
Debtors 5 208,711 113,611
Cash at bank 122,708 99,660
397,852 286,503
CREDITORS
Amounts falling due within one year 6 114,736 22,507
NET CURRENT ASSETS 283,116 263,996
TOTAL ASSETS LESS CURRENT LIABILITIES 379,411 385,787

CREDITORS
Amounts falling due after more than one year 7 (37,547 ) (53,012 )

PROVISIONS FOR LIABILITIES (22,312 ) (21,675 )
NET ASSETS 319,552 311,100

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 319,550 311,098
SHAREHOLDERS' FUNDS 319,552 311,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 14 August 2024 and were signed on its behalf by:





Mrs N Syddall - Director


Merkle (UK) Limited (Registered number: 03605406)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Merkle (UK) Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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 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.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 NIL (2023 - 1 ).

Merkle (UK) Limited (Registered number: 03605406)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 46,333 172,318 110,790 329,441
DEPRECIATION
At 1 April 2023 39,718 129,424 38,508 207,650
Charge for year 992 6,434 18,070 25,496
At 31 March 2024 40,710 135,858 56,578 233,146
NET BOOK VALUE
At 31 March 2024 5,623 36,460 54,212 96,295
At 31 March 2023 6,615 42,894 72,282 121,791

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2023 55,400
Transfer to ownership (28,090 )
At 31 March 2024 27,310
DEPRECIATION
At 1 April 2023 24,660
Charge for year 5,120
Transfer to ownership (17,832 )
At 31 March 2024 11,948
NET BOOK VALUE
At 31 March 2024 15,362
At 31 March 2023 30,740

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 208,711 106,040
Other debtors - 7,571
208,711 113,611

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 5,532 8,123
Trade creditors 75,610 2,297
Taxation and social security 31,106 11,183
Other creditors 2,488 904
114,736 22,507

Merkle (UK) Limited (Registered number: 03605406)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 23,259 33,193
Hire purchase contracts 14,288 19,819
37,547 53,012