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REGISTERED NUMBER: 03687015 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

MERONCOURT EUROPE LIMITED

MERONCOURT EUROPE LIMITED (REGISTERED NUMBER: 03687015)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MERONCOURT EUROPE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: M Mason
S Walsh
J E Mason





SECRETARY: M Mason





REGISTERED OFFICE: Unit 2A
Portland Industrial Estate
Arlesey
Bedfordshire
SG15 6SG





REGISTERED NUMBER: 03687015 (England and Wales)





ACCOUNTANTS: Harrison Black Limited
East Quay
Kite Hill
Wootton Bridge
Isle of Wight
PO33 4LA

MERONCOURT EUROPE LIMITED (REGISTERED NUMBER: 03687015)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,573 11,291

CURRENT ASSETS
Stocks 174,461 251,506
Debtors 5 78,460 74,002
Cash at bank 82,022 115,092
334,943 440,600
CREDITORS
Amounts falling due within one year 6 98,423 136,664
NET CURRENT ASSETS 236,520 303,936
TOTAL ASSETS LESS CURRENT
LIABILITIES

245,093

315,227

PROVISIONS FOR LIABILITIES 1,476 1,959
NET ASSETS 243,617 313,268

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 7,902 7,902
Retained earnings 235,615 305,266
SHAREHOLDERS' FUNDS 243,617 313,268

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

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

MERONCOURT EUROPE LIMITED (REGISTERED NUMBER: 03687015)

BALANCE SHEET - continued
31ST MARCH 2024


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 14th November 2024 and were signed on its behalf by:





S Walsh - Director


MERONCOURT EUROPE LIMITED (REGISTERED NUMBER: 03687015)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024


1. STATUTORY INFORMATION

Meroncourt Europe 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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.

MERONCOURT EUROPE LIMITED (REGISTERED NUMBER: 03687015)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


2. ACCOUNTING POLICIES - continued

Foreign currencies
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.

Depreciation
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over their expected useful lives as follows:

Land and Buildings - 15% on reducing balance
Plant and Machinery etc - 33% on cost and 15% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold and Computer
improvements fittings equipment Totals
£    £    £    £   
COST
At 1st April 2023 3,308 59,845 34,085 97,238
Additions - - 814 814
At 31st March 2024 3,308 59,845 34,899 98,052
DEPRECIATION
At 1st April 2023 755 54,629 30,563 85,947
Charge for year 383 783 2,366 3,532
At 31st March 2024 1,138 55,412 32,929 89,479
NET BOOK VALUE
At 31st March 2024 2,170 4,433 1,970 8,573
At 31st March 2023 2,553 5,216 3,522 11,291

MERONCOURT EUROPE LIMITED (REGISTERED NUMBER: 03687015)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 33,616 30,071
Other debtors 44,844 43,931
78,460 74,002

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 86,421 132,842
Taxation and social security 12,102 1,861
Other creditors (100 ) 1,961
98,423 136,664

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 39,950 39,950
Between one and five years 199,750 199,750
In more than five years 282,979 322,929
522,679 562,629

8. ULTIMATE CONTROLLING PARTY

The controlling party is M Mason.