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REGISTERED NUMBER: 07311027 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2024

FOR

MEZZINO LTD

MEZZINO LTD (REGISTERED NUMBER: 07311027)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MEZZINO LTD

COMPANY INFORMATION
for the Year Ended 31st August 2024







DIRECTORS: J D McGrath
J Eustace
C Jones





SECRETARY: J Eustace





REGISTERED OFFICE: The Coach House
Hexgreave Hall
Upper Hexgreave
Farnsfield
Nottinghamshire
NG22 8LS





REGISTERED NUMBER: 07311027 (England and Wales)





ACCOUNTANTS: Stephenson Nuttall & Co
Chartered Accountants
Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX

MEZZINO LTD (REGISTERED NUMBER: 07311027)

BALANCE SHEET
31st August 2024

31/8/24 31/8/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 57,762 48,705
Investments 5 150 150
57,912 48,855

CURRENT ASSETS
Debtors 6 384,868 371,558
Cash at bank and in hand 823,691 335,435
1,208,559 706,993
CREDITORS
Amounts falling due within one year 7 419,482 222,535
NET CURRENT ASSETS 789,077 484,458
TOTAL ASSETS LESS CURRENT
LIABILITIES

846,989

533,313

PROVISIONS FOR LIABILITIES 8 14,441 12,176
NET ASSETS 832,548 521,137

CAPITAL AND RESERVES
Called up share capital 9 10 10
Retained earnings 832,538 521,127
SHAREHOLDERS' FUNDS 832,548 521,137

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

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

MEZZINO LTD (REGISTERED NUMBER: 07311027)

BALANCE SHEET - continued
31st August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2nd May 2025 and were signed on its behalf by:





J Eustace - Director


MEZZINO LTD (REGISTERED NUMBER: 07311027)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st August 2024

1. STATUTORY INFORMATION

Mezzino 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.

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.
Computer software - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 33% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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
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.

MEZZINO LTD (REGISTERED NUMBER: 07311027)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st August 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Computer and Computer
software fittings equipment Totals
£    £    £    £   
COST
At 1st September 2023 78,170 7,847 47,924 133,941
Additions 12,830 281 16,397 29,508
At 31st August 2024 91,000 8,128 64,321 163,449
DEPRECIATION
At 1st September 2023 43,693 6,892 34,651 85,236
Charge for year 13,013 555 6,883 20,451
At 31st August 2024 56,706 7,447 41,534 105,687
NET BOOK VALUE
At 31st August 2024 34,294 681 22,787 57,762
At 31st August 2023 34,477 955 13,273 48,705

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st September 2023
and 31st August 2024 150
NET BOOK VALUE
At 31st August 2024 150
At 31st August 2023 150

Fixed asset investments represents 100% of the ordinary share capital of Mezzino (Ireland) Ltd, a company incorporated in the Republic of Ireland, and 50.2% of the ordinary share capital of Mezzino Investments Ltd, a company incorporated in the United Kingdom.

MEZZINO LTD (REGISTERED NUMBER: 07311027)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st August 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade debtors 189,658 217,073
Due from group undertakings 169,812 136,377
Prepayments 25,398 18,108
384,868 371,558

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade creditors 27,888 10,463
Tax 129,184 54,094
Social security and other taxes 220,672 113,143
Other creditors 39,738 42,835
Accrued expenses 2,000 2,000
419,482 222,535

8. PROVISIONS FOR LIABILITIES
31/8/24 31/8/23
£    £   
Deferred tax 14,441 12,176

Deferred
tax
£   
Balance at 1st September 2023 12,176
Accelerated capital allowances 2,265
Balance at 31st August 2024 14,441

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/8/24 31/8/23
value: £    £   
10 Ordinary £1 10 10

10. RELATED PARTY DISCLOSURES

During the year, management charges of £124,046 (2023 - £81,199) were charged by the company to Mezzino Investments Ltd.

At 31st August 2024 an amount of £nil (2023 - £97,438) was owed to the company by Mezzino Investments Ltd.

At 31st August 2024 an amount of £169,812 (2023 - £38,939) was owed to the company by Mezzino (Ireland) Ltd.