Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-312025-01-312025-05-07truefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.0false2023-08-13Manufacture of fragranced household products.0true 15067076 2023-08-12 15067076 2023-08-13 2025-01-31 15067076 2022-08-13 2023-08-12 15067076 2025-01-31 15067076 c:Director1 2023-08-13 2025-01-31 15067076 d:CurrentFinancialInstruments 2025-01-31 15067076 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 15067076 d:ShareCapital 2025-01-31 15067076 d:RetainedEarningsAccumulatedLosses 2025-01-31 15067076 c:OrdinaryShareClass1 2023-08-13 2025-01-31 15067076 c:OrdinaryShareClass1 2025-01-31 15067076 c:OrdinaryShareClass2 2023-08-13 2025-01-31 15067076 c:OrdinaryShareClass2 2025-01-31 15067076 c:FRS102 2023-08-13 2025-01-31 15067076 c:AuditExempt-NoAccountantsReport 2023-08-13 2025-01-31 15067076 c:FullAccounts 2023-08-13 2025-01-31 15067076 c:PrivateLimitedCompanyLtd 2023-08-13 2025-01-31 15067076 2 2023-08-13 2025-01-31 15067076 e:PoundSterling 2023-08-13 2025-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15067076









MPL MANUFACTURING LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2025

 
MPL MANUFACTURING LTD
REGISTERED NUMBER: 15067076

BALANCE SHEET
AS AT 31 JANUARY 2025

2025
Note
£

  

Current assets
  

Stocks
 4 
13,501,618

Debtors: amounts falling due within one year
 5 
529,281

Cash at bank and in hand
  
100

  
14,030,999

Creditors: amounts falling due within one year
 6 
(14,028,131)

Net current assets
  
 
 
2,868

Total assets less current liabilities
  
2,868

  

Net assets
  
2,868


Capital and reserves
  

Called up share capital 
 7 
100

Profit and loss account
  
2,768

  
2,868


Page 1

 
MPL MANUFACTURING LTD
REGISTERED NUMBER: 15067076
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 May 2025.




T Mitten
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
MPL MANUFACTURING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

1.


General information

MPL Manufacturing 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.
MPL Manufacturing Ltd commenced trade on 13 August 2024.
                                                                                                                                                            

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

Page 3

 
MPL MANUFACTURING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration.



Page 4

 
MPL MANUFACTURING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

4.


Stocks

2025
£

Raw materials and consumables
11,836,625

Work in progress (goods to be sold)
1,568,492

Finished goods and goods for resale
96,501

13,501,618



5.


Debtors

2025
£


Other debtors
529,281

529,281



6.


Creditors: Amounts falling due within one year

2025
£

Bank overdrafts
6

Corporation tax
700

Other creditors
14,027,425

14,028,131



7.


Share capital

2025
£
Allotted, called up and fully paid


80 A ordinary shares of £1 each
80
20 B ordinary shares of £1 each
20

100




Page 5

 
MPL MANUFACTURING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

8.


Related party transactions

The related party transactions are as follows:


2025
£

Sales to related party
9,529,463
Purchases from related party
23,031,087
Balance due to related party
14,027,425

Page 6