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REGISTERED NUMBER: 08748771 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Julius Meinl UK Limited

Julius Meinl UK Limited (Registered number: 08748771)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Julius Meinl UK Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mr M Schleidt





REGISTERED OFFICE: 4 Cedar Park
Cobham Road
Ferndown
Wimborne
Dorset
BH21 7SF





REGISTERED NUMBER: 08748771 (England and Wales)





ACCOUNTANTS: Ward Goodman
4 Cedar Park
Cobham Road
Ferndown Industrial Estate
Wimborne
Dorset
BH21 7SF

Julius Meinl UK Limited (Registered number: 08748771)

Abridged Balance Sheet
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 401,033 477,093
Cash at bank - 66,549
401,033 543,642
CREDITORS
Amounts falling due within one year 26,891 4,863,704
NET CURRENT ASSETS/(LIABILITIES) 374,142 (4,320,062 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

374,142

(4,320,062

)

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 374,042 (4,320,162 )
SHAREHOLDERS' FUNDS 374,142 (4,320,062 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 August 2024 and were signed by:





Mr M Schleidt - Director


Julius Meinl UK Limited (Registered number: 08748771)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Julius Meinl 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.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 3 ).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 4,032
Disposals (4,032 )
At 31 December 2023 -
DEPRECIATION
At 1 January 2023 4,032
Eliminated on disposal (4,032 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

At the balance sheet date, the director assessed dated equipment held within stock. This was deemed to be fixed asset plant and machinery and was therefore transferred to fixed asset additions at fair value and as such, no depreciation has been provided.

Julius Meinl UK Limited (Registered number: 08748771)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Trade debtors 353,867 -

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

7. ULTIMATE CONTROLLING PARTY

The controlling party is JM 1862 GmbH (formerly Julius Meinl Industrieholding GmbH).

The registered office of the parent entity is Julius Meinl Gasse, 3-7, Vienna, 1160, Austria.

8. GOING CONCERN

During the year, the board of directors of the ultimate controlling party began the closure of this company. As part of this procedure, UK operations were halted and a resolution was passed to write-off the balance of £4,640,080 that was owed to the parent entity.