IRIS Accounts Production v24.3.2.46 07606175 director 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh076061752023-04-30076061752024-04-30076061752023-05-012024-04-30076061752022-04-30076061752022-05-012023-04-30076061752023-04-3007606175ns15:EnglandWales2023-05-012024-04-3007606175ns14:PoundSterling2023-05-012024-04-3007606175ns10:Director12023-05-012024-04-3007606175ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3007606175ns10:SmallEntities2023-05-012024-04-3007606175ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3007606175ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3007606175ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3007606175ns10:FullAccounts2023-05-012024-04-3007606175ns10:RegisteredOffice2023-05-012024-04-3007606175ns5:CurrentFinancialInstruments2024-04-3007606175ns5:CurrentFinancialInstruments2023-04-3007606175ns5:ShareCapital2024-04-3007606175ns5:ShareCapital2023-04-3007606175ns5:RetainedEarningsAccumulatedLosses2024-04-3007606175ns5:RetainedEarningsAccumulatedLosses2023-04-3007606175ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-05-012024-04-3007606175ns5:PlantMachinery2023-05-012024-04-3007606175ns5:MotorVehicles2023-05-012024-04-3007606175ns5:LandBuildings2023-04-3007606175ns5:PlantMachinery2023-04-3007606175ns5:MotorVehicles2023-04-3007606175ns5:LandBuildings2023-05-012024-04-3007606175ns5:LandBuildings2024-04-3007606175ns5:PlantMachinery2024-04-3007606175ns5:MotorVehicles2024-04-3007606175ns5:LandBuildings2023-04-3007606175ns5:PlantMachinery2023-04-3007606175ns5:MotorVehicles2023-04-3007606175ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3007606175ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30
REGISTERED NUMBER: 07606175 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Mayer (UK) Limited
Trading as
FEN UK

Mayer (UK) Limited (Registered number: 07606175)
Trading as FEN UK






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Mayer (UK) Limited
Trading as FEN UK

Company Information
for the Year Ended 30 April 2024







DIRECTOR: F J Ney





REGISTERED OFFICE: Unit 11
Sawley Park
Nottingham Road
Derby
DE21 6AS





REGISTERED NUMBER: 07606175 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Mayer (UK) Limited (Registered number: 07606175)
Trading as FEN UK

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 674,997 699,999

CURRENT ASSETS
Stocks 25,075 49,432
Debtors 5 140,554 13,554
Cash at bank 226,168 191,131
391,797 254,117
CREDITORS
Amounts falling due within one year 6 100,218 27,639
NET CURRENT ASSETS 291,579 226,478
TOTAL ASSETS LESS CURRENT
LIABILITIES

966,576

926,477

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 966,575 926,476
SHAREHOLDERS' FUNDS 966,576 926,477

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 January 2025 and were signed by:





F J Ney - Director


Mayer (UK) Limited (Registered number: 07606175)
Trading as FEN UK

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Mayer (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 represents net invoiced sales of goods, excluding value added tax. Turnover is recognised in the year in which the goods are provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 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 slow moving and obsolete items. Cost represents the invoiced cost of materials and parts on a first in first out basis.

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.

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.

Leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

Mayer (UK) Limited (Registered number: 07606175)
Trading as FEN UK

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 May 2023 630,860 35,165 92,529 758,554
Additions - 845 - 845
At 30 April 2024 630,860 36,010 92,529 759,399
DEPRECIATION
At 1 May 2023 9,545 726 48,284 58,555
Charge for year 9,546 5,239 11,062 25,847
At 30 April 2024 19,091 5,965 59,346 84,402
NET BOOK VALUE
At 30 April 2024 611,769 30,045 33,183 674,997
At 30 April 2023 621,315 34,439 44,245 699,999

Included in cost of land and buildings is freehold land of £ 153,608 (2023 - £ 153,608 ) which is not depreciated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 117,277 7,589
Amounts owed by related party 18,401 -
Other debtors - 1,167
Prepayments 4,876 4,798
140,554 13,554

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 58,249 2,630
Amounts owed to related party - 1,601
Tax 16,457 9,342
Social security and other taxes 5,239 1,141
Other creditors 10,828 4,710
Director's loan account 7,215 6,215
Accrued expenses 2,230 2,000
100,218 27,639

7. LEASING COMMITMENTS

The minimum lease payments on non-cancellable operating leases committed to be paid are £20,000 (2023 - £20,000).