REGISTERED NUMBER: SC171868 (Scotland)

MAIL MARKETING (UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Kinnaird

REGISTERED OFFICE:

Unit 205 9 Baird Avenue

Hillington Park

Glasgow

G52 4FN

REGISTERED NUMBER:

SC171868 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Tangible assets

4

229,138

198,294

CURRENT ASSETS

Stocks

1,360,921

1,001,472

Debtors

5

708,978

227,945

Investments

6

72,579

72,579

Cash at bank and in hand

1,112,684

505,244

3,255,162

1,807,240

CREDITORS

Amounts falling due within one year

7

2,474,748

1,072,204

NET CURRENT ASSETS

780,414

735,036

TOTAL ASSETS LESS CURRENT LIABILITIES

1,009,552

933,330

CREDITORS

Amounts falling due after more than one year

8

-

(58,922

)

PROVISIONS FOR LIABILITIES

(42,204

)

-

NET ASSETS

967,348

874,408

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

967,345

874,405

SHAREHOLDERS' FUNDS

967,348

874,408

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 December 2025 and were signed by:

C Kinnaird - Director

1.	STATUTORY INFORMATION

Mail Marketing (UK) Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Leasehold Improvements

-

15% on cost

Plant and machinery etc

-

25% on cost, 20% on reducing balance and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current tax and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme and makes pension contributions to the personal pension scheme of the company's director. Contributions payable to these pension schemes are charged to the profit or loss in the period to which they relate.

Current asset investments

Current asset investments, which comprise whisky stocks held for investment purposes, are valued at cost.

Hire purchase

Assets obtained under hire purchase contracts are capitalised in the balance sheet. These assets are initially recognised at transaction price and are depreciated over their estimated useful lives.The interest element of these obligations is charged to the profit and loss account over the relevant period using the effective interest rate method.The capital element of future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Leasehold

machinery

Improvements

etc

Totals

£

£

£

COST

At 1 May 2024

1,150

267,658

268,808

Additions

21,810

72,821

94,631

At 30 April 2025

22,960

340,479

363,439

DEPRECIATION

At 1 May 2024

733

69,781

70,514

Charge for year

2,081

61,706

63,787

At 30 April 2025

2,814

131,487

134,301

NET BOOK VALUE

At 30 April 2025

20,146

208,992

229,138

At 30 April 2024

417

197,877

198,294

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

107,860

42,345

Other debtors

213,409

28,647

Tax and duty recoverable

387,709

156,953

708,978

227,945

6.	CURRENT ASSET INVESTMENTS

30.4.25

30.4.24

£

£

Other investments

72,579

72,579

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Hire purchase contracts

58,922

-

Trade creditors

1,224,553

609,093

Amounts owed to group undertakings

688,270

44,850

Taxation and social security

162,824

103,140

Other creditors

340,179

315,121

2,474,748

1,072,204

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Hire purchase contracts

-

58,922

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

£

Hire purchase contracts

58,922

58,922

Hire purchase creditors have security over related assets.

10.	OTHER FINANCIAL COMMITMENTS