Miebach Consulting Limited

	Page
Abridged Balance Sheet	1
Notes to the Abridged Financial Statements	2—5

1. General Information

Miebach Consulting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10854437 . The registered office is Unit 28 The Quadrant, Abingdon Science Park, Abingdon, OX14 3YS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is recognized to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of Services

Turnover 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 turnover can be measure 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. Tangible Fixed Assets and Depreciation

Tangible assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The Company adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental

future benefits to the Company. The carrying amount of the replaced part is derecognised. Repairs and maintenance are charged to profit or loss during the period in which they are incurred.

Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	Fully depreciated in year of aquisition
Computer Equipment	Fully depreciated in year of aquisition

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income and Retained Earnings.

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Miebach Consulting Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

2.4. Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash

flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a

financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is

measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a

director in the case of a small company, or a public benefit entity concessionary loan.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an 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.

2.5. Taxation

Corporation tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.6. Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the

contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of Income and Retained Earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

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.

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Miebach Consulting Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

2.8. 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.

2.9. Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank at amortised cost using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2023: 10)

4. Tangible Assets

	Total
	£
Cost
As at 1 January 2024	36,246
Additions	3,742
Disposals	(8,421 )

As at 31 December 2024	31,567

Depreciation
As at 1 January 2024	36,246
Provided during the period	3,742
Disposals	(8,421 )

As at 31 December 2024	31,567

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	-

6. Debtors

	2024	2023
	£	£
Due after more than one year

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	250,000	250,000

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Miebach Consulting Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

8. Related Party Transactions

	Sales	Purchases	Debtor	Creditor
	£	£	£	£
2024
Miebach Logistik Holding GmbH	6,857	(224,189)	5,869	(220,718)
Miebach Consulting GmbH	102,180	(116,756)	44,402	(50,585)
Miebach Consulting S.A.U.	78,107	(110,782)	62,114	(28,063)
Miebach Consulting USA	106,841	(125)	-	-
Miebach Saudi Arabia	-		-	-
Miebach Consulting DMCC	-		21,500	-
Miebach Consulting Sp. z o. o.	-	(47,339)	-	(16,274)
Miebach Consulting Benelux BV	345,233	(44,788)	189,417	(5,929)
Miebach Consulting SAS France	-		-	-
Miebach Orian Consulting Israel Ltd	-	(5,674)	-	-
Miebach Consulting AG	-	(36,385)	-	(11,069)
Miebach Consulting India Pvt Ltd	-	(70,513)	-	(64,264)

2023
Miebach Logistik Holding GmbH	-	(208,733)	1,699	(208,628)
Miebach Consulting GmbH	1,600	(360,291)	-	(108,215)
Miebach Consulting S.A.U.	69,215	(137,127)	-	(24,187)
Miebach Consulting USA	33,461	(29,227)	-	(28,473)
Miebach Saudi Arabia	11,454	-	-	-
Miebach Consulting DMCC	21,500	-	21,500	-
Miebach Consulting Sp. z o. o.	-	(24,193)	-	(11,132)
Miebach Consulting Benelux BV	10,759	(5,918)	10,823	(5,962)
Miebach Consulting SAS France	16,435	-	-	-
Miebach Orian Consulting Israel Ltd	-	(9,914)	-	(10,024)

Miebach Consulting AG	-	(230,077)	-	-
Miebach Consulting India Pvt Ltd	-	(81,730)	-	(41,308)

9. FRC's Ethical Standard - Provision Available for Small Entities

The auditors have no involvment with the preparation of the financial statements.

10. Ultimate Controlling Party

The ultimate parent undertaking is Miebach Logistik Holding GmbH, a company incorporated in Germany.

11. Audit Information

The auditor's report on the accounts of Miebach Consulting Limited for the year ended 31 December 2024 was unqualified.

The auditor's report was signed by Graham Smith FCCA, CertBV, CMgr, FCMI (Senior Statutory Auditor) for and on behalf of Cunnington & Co Limited , Statutory Auditor.

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		2024		2023
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	6	692,710		485,165
Cash at bank and in hand		190,398		839,604

		883,108		1,324,769
Creditors: Amounts Falling Due Within One Year		(630,284 )		(797,988 )

NET CURRENT ASSETS (LIABILITIES)			252,824		526,781

TOTAL ASSETS LESS CURRENT LIABILITIES			252,824		526,781

Creditors: Amounts Falling Due After More Than One Year			-		(48,333 )

NET ASSETS			252,824		478,448

CAPITAL AND RESERVES
Called up share capital	7		250,000		250,000
Profit and Loss Account			2,824		228,448

SHAREHOLDERS' FUNDS			252,824		478,448