Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-3132024-01-01falseNo description of principal activity3truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10410075 2024-01-01 2024-12-31 10410075 2023-01-01 2023-12-31 10410075 2024-12-31 10410075 2023-12-31 10410075 c:Director1 2024-01-01 2024-12-31 10410075 c:Director2 2024-01-01 2024-12-31 10410075 c:Director3 2024-01-01 2024-12-31 10410075 c:RegisteredOffice 2024-01-01 2024-12-31 10410075 d:Goodwill 2024-01-01 2024-12-31 10410075 d:Goodwill 2024-12-31 10410075 d:Goodwill 2023-12-31 10410075 d:CurrentFinancialInstruments 2024-12-31 10410075 d:CurrentFinancialInstruments 2023-12-31 10410075 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 10410075 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10410075 d:ShareCapital 2024-12-31 10410075 d:ShareCapital 2023-12-31 10410075 d:RetainedEarningsAccumulatedLosses 2024-12-31 10410075 d:RetainedEarningsAccumulatedLosses 2023-12-31 10410075 c:FRS102 2024-01-01 2024-12-31 10410075 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10410075 c:FullAccounts 2024-01-01 2024-12-31 10410075 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10410075 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 10410075







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


MERLIN FULFILMENT LIMITED






































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MERLIN FULFILMENT LIMITED
 


 
COMPANY INFORMATION


Directors
A R Butterwick 
N Gebbett 
C J Gray 




Registered number
10410075



Registered office
Unit 9
Romsey Industrial Estate

Romsey

SO51 0HR




Accountants
Menzies LLP
Chartered Accountants

3000a Parkway

Whiteley

Hampshire

PO15 7FX





 


MERLIN FULFILMENT LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 6


 


MERLIN FULFILMENT LIMITED
REGISTERED NUMBER:10410075



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
1
1

  
1
1

Current assets
  

Stocks
  
8,812
-

Debtors: amounts falling due within one year
 5 
292,550
69,730

Cash at bank and in hand
  
100,692
88,658

  
402,054
158,388

Creditors: amounts falling due within one year
 6 
(212,895)
(128,296)

Net current assets
  
 
 
189,159
 
 
30,092

Total assets less current liabilities
  
189,160
30,093

  

Net assets
  
189,160
30,093

Page 1

 


MERLIN FULFILMENT LIMITED
REGISTERED NUMBER:10410075


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

2024
2023
£
£

Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
189,060
29,993

  
189,160
30,093


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 year 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 income and retained earnings 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 by: 




N Gebbett
Director

Date: 22 July 2025

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

Page 2

 


MERLIN FULFILMENT LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Merlin Fulfilment Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 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:

 
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.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

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 reporting date in the countries where the Company operates and generates income.


Page 3

 


MERLIN FULFILMENT LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of Income and Retained Earnings over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.5

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 SELECT OR ENTER METHOD basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting 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.

 
2.6

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.

 
2.7

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
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.

Page 4

 


MERLIN FULFILMENT LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 -3).


4.


Intangible assets




Goodwill

£



Cost


At 1 January 2024
1



At 31 December 2024

1






Net book value



At 31 December 2024
1



At 31 December 2023
1



Page 5

 


MERLIN FULFILMENT LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
276,022
64,730

Other debtors
15,728
5,000

Prepayments and accrued income
800
-

292,550
69,730



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
135,614
12,969

Amounts owed to group undertakings
1,581
89,583

Corporation tax
52,133
-

Other taxation and social security
20,793
8,427

Other creditors
507
6,800

Accruals and deferred income
2,267
10,517

212,895
128,296


Page 6