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REGISTERED NUMBER: 14167728 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

MINT PAYMENTS UK LIMITED

MINT PAYMENTS UK LIMITED (REGISTERED NUMBER: 14167728)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


MINT PAYMENTS UK LIMITED (REGISTERED NUMBER: 14167728)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £ £
CURRENT ASSETS
Debtors 4 17,043 2,368
Cash at bank 5 613 3,474
17,656 5,842
CREDITORS
Amounts falling due within one year 6 (32,981 ) (25,001 )
NET CURRENT LIABILITIES (15,325 ) (19,159 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(15,325

)

(19,159

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (15,326 ) (19,160 )
SHAREHOLDERS' FUNDS (15,325 ) (19,159 )

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 June 2025 and were signed by:




........................................................................
A H J Teoh - Director


MINT PAYMENTS UK LIMITED (REGISTERED NUMBER: 14167728)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Mint Payments UK Limited is a private limited Company (limited by shares) incorporated in England and Wales. The address of the registered office is 2nd Floor, 55 Ludgate Hill, London, United Kingdom, EC4M 7JW.

The principal activity was that of business support service activities.

Figures in the accounts are rounded to the nearest £.

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.

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

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

Taxation
Tax is recognised in the Statement of income and retained earnings.

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

Going concern
The director considers the going concern basis to be appropriate having paid due regard to the Company's projected results during the twelve months from the date the financial statements are approved and in regards to the Company's current and anticipated bank facilities and the availability of support, if required, from the parent undertaking.

The parent undertaking has confirmed the ongoing support of the Company for at least twelve months from the date of the signing of these financial statements.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

MINT PAYMENTS UK LIMITED (REGISTERED NUMBER: 14167728)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 12,392 -
Other debtors 4,151 2,030
Prepayments 500 338
17,043 2,368

5. CASH AT BANK
2024 2023
£ £
Bank 613 3,474

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 900 -
Amounts owed to group undertakings 23,581 20,001
Accruals 8,500 5,000
32,981 25,001

7. CONTROLLING PARTY

The Company's immediate and ultimate parent undertaking is Mint Payments Limited. The entity is incorporated in Australia and registered at 69-71 Walker Street, North Sydney, NSW, Australia, 2060.

Mint Payments Limited is the smallest and largest group for which consolidated financial statements are prepared in which the Company is included.