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Registered number: 03488630
MANTIS UK LIMITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2024
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MANTIS UK LIMITED
REGISTERED NUMBER: 03488630
BALANCE SHEET
AS AT 31 DECEMBER 2024
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
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 by:
The notes on pages 4 to 6 form part of these financial statements.
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MANTIS UK LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024
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Comprehensive income for the year
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Other comprehensive income for the year
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Total comprehensive income for the year
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Total transactions with owners
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The notes on pages 4 to 6 form part of these financial statements.
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MANTIS UK LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2023
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Comprehensive income for the year
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Other comprehensive income for the year
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Total comprehensive income for the year
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Total transactions with owners
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The notes on pages 4 to 6 form part of these financial statements.
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MANTIS UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Mantis UK Limited ("the Company"), Company number 03488630, is a Private Company, limited by shares, registered in England and Wales and incorporated in the United Kingdom. The address of its registered office is 2nd floor, 4 Beaconsfield Road, St Albans , Hertfordshire, AL1 3RD.
The company ceased to trade in 2018 and has not recommenced trading.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
The following principal accounting policies have been applied:
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Financial Reporting Standard 102 - reduced disclosure exemptions
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The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
- the requirements of Section 7 Statement of Cash Flows;
- the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
- the requirements of Section 33 Related Party Disclosures paragraph 33.7.
This information is included in the consolidated financial statements of JEP Europe Inc and these financial statements may be obtained from 101 Cherry Lane, Wynnewood, PS 19096, United States.
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Financial statements prepared on a basis other than going concern
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The company has ceased to trade and no longer has any revenue generating activities. Whilst the company is incurring limited ongoing administrative costs as a consequence of the company continuing to exist, and support is available from the group to enable the company's liabilities to be met as they fall due, the directors do not expect that trading will resume. Consequently, the financial statements have been prepared on a basis other than that of a going concern. No adjustments to the amounts shown in the financial statements have been required as a result of this basis of preparation being adopted.
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
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.
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MANTIS UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
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Cash and cash equivalents
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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.
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.
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The average monthly number of employees, including the directors, during the year was as follows:
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Creditors: Amounts falling due within one year
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Accruals and deferred income
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MANTIS UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Share premium account
Includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium.
Profit and loss account
This represents the cumulative profits and losses recognised by the Company.
At 31 December 2024, the Company's ultimate parent undertaking was JEP Europe Inc, registered in the USA. The ultimate controlling party is J. E. Perelman.
The financial statements of the Company are included within the consolidated accounts of JEP Europe Inc, which are publicly available from 101 Cherry Lane, Wynnewood, PS 19096, United States.
The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified.
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In their report, the auditors emphasised the following matter without qualifying their report:
We draw attention to note 2.3 in the financial statements, which indicates that the company has ceased to trade and there is no intention for the company to resume trading in the future. Consequently, the financial statements have been prepared on a basis other than that of a going concern. Our opinion is not modified in respect of this matter.
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The audit report was signed on 30 September 2025 by Graham Wintle (Senior statutory auditor) on behalf of Moore Kingston Smith LLP.
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