Company Registration No. 06472971 (England and Wales)
MIRTEC EUROPE LIMITED
Unaudited accounts
for the year ended 31 December 2024
MIRTEC EUROPE LIMITED
Unaudited accounts
Contents
MIRTEC EUROPE LIMITED
Company Information
for the year ended 31 December 2024
Company Number
06472971 (England and Wales)
Registered Office
69 Station Road
Hampton
Greater London
TW12 2BT
United Kingdom
Accountants
FURUICHOI AND CO
Chartered Accountants
69 Station Road
Hampton
Greater London
TW12 2BT
MIRTEC EUROPE LIMITED
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
52,924
57,970
Creditors: amounts falling due within one year
(133,451)
(133,451)
Net current assets
222,595
227,641
Total assets less current liabilities
222,595
227,641
Creditors: amounts falling due after more than one year
(1,290,409)
(1,290,409)
Net liabilities
(1,067,814)
(1,062,768)
Called up share capital
56,737
56,737
Profit and loss account
(1,124,551)
(1,119,505)
Shareholders' funds
(1,067,814)
(1,062,768)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 July 2025 and were signed on its behalf by
Mr C W PAK
Director
Company Registration No. 06472971
MIRTEC EUROPE LIMITED
Notes to the Accounts
for the year ended 31 December 2024
MIRTEC EUROPE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06472971. The registered office is 69 Station Road, Hampton, Greater London, TW12 2BT, United Kingdom. The company is in the process of being wound up.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
MIRTEC EUROPE LIMITED
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
230,923
230,923
Amounts due from group undertakings etc.
66,097
66,097
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
133,451
133,451
6
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
1,290,409
1,290,409
The ultimate controlling parties are as follows:
By virtue of its relevant legal entity's 100% shareholding;
MIRTEC CO., LTD
(Registration No. 124-81-69677)
103-803 SKventium
166 Gosan-ro
Gunpo-si
Gyeonggi-do
South Korea
8
Post balance sheet events
The company is voluntarily in the process of being wound up.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).