2024-07-01 2025-06-30 2025-06-30 false 13741044 MineARC Europe Ltd 2026-07-01 false iso4217:GBP xbrli:pure 13741044 2024-06-30 13741044 2025-06-30 13741044 2024-07-01 2025-06-30 13741044 2023-06-30 13741044 2024-06-30 13741044 2023-07-01 2024-06-30 13741044 bus:SmallEntities 2024-07-01 2025-06-30 13741044 bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 13741044 bus:FullAccounts 2024-07-01 2025-06-30 13741044 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 13741044 core:WithinOneYear 2025-06-30 13741044 core:AfterOneYear 2025-06-30 13741044 core:WithinOneYear 2024-06-30 13741044 core:AfterOneYear 2024-06-30 13741044 core:ShareCapital 2025-06-30 13741044 core:SharePremium 2025-06-30 13741044 core:RevaluationReserve 2025-06-30 13741044 core:OtherReservesSubtotal 2025-06-30 13741044 core:RetainedEarningsAccumulatedLosses 2025-06-30 13741044 core:ShareCapital 2024-06-30 13741044 core:SharePremium 2024-06-30 13741044 core:RevaluationReserve 2024-06-30 13741044 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2025-06-30 13741044 core:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-06-30 13741044 dpl:GroupUndertakings 2024-07-01 2025-06-30 13741044 dpl:ParticipatingInterests 2024-07-01 2025-06-30 13741044 dpl:GroupUndertakings core:ListedExchangeTraded 2024-07-01 2025-06-30 13741044 core:ListedExchangeTraded 2024-07-01 2025-06-30 13741044 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-07-01 2025-06-30 13741044 core:UnlistedNon-exchangeTraded 2024-07-01 2025-06-30 13741044 dpl:CostSales 2023-07-01 2024-06-30 13741044 dpl:DistributionCosts 2023-07-01 2024-06-30 13741044 core:LandBuildings 2023-07-01 2024-06-30 13741044 core:PlantMachinery 2023-07-01 2024-06-30 13741044 core:Vehicles 2023-07-01 2024-06-30 13741044 core:FurnitureFittings 2023-07-01 2024-06-30 13741044 core:OfficeEquipment 2023-07-01 2024-06-30 13741044 dpl:AdministrativeExpenses 2023-07-01 2024-06-30 13741044 core:NetGoodwill 2023-07-01 2024-06-30 13741044 core:IntangibleAssetsOtherThanGoodwill 2023-07-01 2024-06-30 13741044 dpl:GroupUndertakings 2023-07-01 2024-06-30 13741044 dpl:ParticipatingInterests 2023-07-01 2024-06-30 13741044 dpl:GroupUndertakings core:ListedExchangeTraded 2023-07-01 2024-06-30 13741044 core:ListedExchangeTraded 2023-07-01 2024-06-30 13741044 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2023-07-01 2024-06-30 13741044 core:UnlistedNon-exchangeTraded 2023-07-01 2024-06-30 13741044 core:NetGoodwill 2025-06-30 13741044 core:IntangibleAssetsOtherThanGoodwill 2025-06-30 13741044 core:LandBuildings 2025-06-30 13741044 core:PlantMachinery 2025-06-30 13741044 core:Vehicles 2025-06-30 13741044 core:FurnitureFittings 2025-06-30 13741044 core:OfficeEquipment 2025-06-30 13741044 core:AfterOneYear 2025-06-30 13741044 core:WithinOneYear 2025-06-30 13741044 core:ListedExchangeTraded 2025-06-30 13741044 core:UnlistedNon-exchangeTraded 2025-06-30 13741044 core:ShareCapital 2025-06-30 13741044 core:SharePremium 2025-06-30 13741044 core:RevaluationReserve 2025-06-30 13741044 core:OtherReservesSubtotal 2025-06-30 13741044 core:RetainedEarningsAccumulatedLosses 2025-06-30 13741044 core:NetGoodwill 2024-06-30 13741044 core:IntangibleAssetsOtherThanGoodwill 2024-06-30 13741044 core:LandBuildings 2024-06-30 13741044 core:PlantMachinery 2024-06-30 13741044 core:Vehicles 2024-06-30 13741044 core:FurnitureFittings 2024-06-30 13741044 core:OfficeEquipment 2024-06-30 13741044 core:AfterOneYear 2024-06-30 13741044 core:WithinOneYear 2024-06-30 13741044 core:ListedExchangeTraded 2024-06-30 13741044 core:UnlistedNon-exchangeTraded 2024-06-30 13741044 core:ShareCapital 2024-06-30 13741044 core:SharePremium 2024-06-30 13741044 core:RevaluationReserve 2024-06-30 13741044 core:OtherReservesSubtotal 2024-06-30 13741044 core:RetainedEarningsAccumulatedLosses 2024-06-30 13741044 core:NetGoodwill 2023-06-30 13741044 core:IntangibleAssetsOtherThanGoodwill 2023-06-30 13741044 core:LandBuildings 2023-06-30 13741044 core:PlantMachinery 2023-06-30 13741044 core:Vehicles 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core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-06-30 13741044 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-06-30 13741044 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-06-30 13741044 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-06-30 13741044 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-06-30 13741044 bus:Director1 2024-07-01 2025-06-30 13741044 bus:Director2 2024-07-01 2025-06-30

MineARC Europe Ltd

Registered Number
13741044
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2025

MineARC Europe Ltd
Company Information
for the year from 1 July 2024 to 30 June 2025

Directors | Paul Anthony Ness
| Tereza Valtova

Registered Address | Unit 9, The Markham Centre Station Road
| Theale
| Reading
| RG7 4PE

Registered Number | 13741044 (England and Wales)

MineARC Europe Ltd
Balance Sheet as at
30 June 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Tangible assets | 3 |  |  | 45,412 |  |  |  | 12,563
|  |  |  | 45,412 |  |  |  | 12,563
Current assets |  |  |  |  |  |  |  |
Stocks | 4 | 314,317 |  |  |  | 591,903 |  |
Debtors | 5 | 982,559 |  |  |  | 1,564,197 |  |
Cash at bank and on hand |  | 69,083 |  |  |  | 221,945 |  |
|  | 1,365,959 |  |  |  | 2,378,045 |  |
Creditors amounts falling due within one year | 6 | (751,254) |  |  |  | (2,002,717) |  |
Net current assets (liabilities) |  |  |  | 614,705 |  |  |  | 375,328
Total assets less current liabilities |  |  |  | 660,117 |  |  |  | 387,891
Net assets |  |  |  | 660,117 |  |  |  | 387,891
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 1,000 |  |  |  | 1,000
Profit and loss account |  |  |  | 659,117 |  |  |  | 386,891
Shareholders' funds |  |  |  | 660,117 |  |  |  | 387,891

- The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
- These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 1 July 2026, and are signed on its behalf by:
Paul Anthony Ness Director Registered Company No. 13741044

MineARC Europe Ltd
Notes to the Financial Statements
for the year ended 30 June 2025

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Statement of compliance
--- | ---
| The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

| Basis of preparation
--- | ---
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

| Functional and presentation currency
--- | ---
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

| Going concern
--- | ---
| The accounts are prepared on a going concern basis as the Directors have considered the financial position of the Company. Sufficient finance is available for the company to continue trading for the foreseeable future.

| Turnover policy
--- | ---
| Revenue represents the fair value of consideration receivable for services provided in the ordinary course of business, net of value added tax and trade discounts. Revenue from the provision of services is recognised when the Company's contractual performance obligations have been satisfied and control of the services has passed to the customer. This is generally the point at which the services have been performed in accordance with the terms of the contract and the customer obtains the benefits associated with those services. Where services are provided over a period of time, revenue is recognised by reference to the stage of completion of the contract activity at the reporting date when the outcome can be measured reliably. Amounts received in advance of the delivery of services are recognised as deferred income.

| Operating leases
--- | ---
| Where, substantially, all the risks and rewards of ownership of the asset do not transfer from the lessor to the company, the lease is treated as an operating lease. Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

| Employee benefits
--- | ---
| The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to the profit and loss account in the period to which they relate.

| Defined contribution pension plan
--- | ---
| A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even ifthe fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

| Foreign currency translation
--- | ---
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

| Current taxation
--- | ---
| Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

| Deferred tax
--- | ---
| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

| Tangible fixed assets and depreciation
--- | ---
| Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

|  | Straight line (years)
| Plant and machinery | 8
| Office Equipment | 5

| Stocks and work in progress
--- | ---
| Stock is stated at the lower of cost and net realisable value, after making appropriate provision for any obsolete, slow-moving or damaged items.

| Trade and other debtors
--- | ---
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

| Cash and cash equivalents
--- | ---
| Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

| Trade and other creditors
--- | ---
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 3 |  | 3

3. | Tangible fixed assets
--- | ---

|  | Plant & machinery |  | Office Equipment |  | Total
--- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £
| Cost or valuation
| At 01 July 24 | 10,518 |  | 7,698 |  | 18,216
| Additions | 36,859 |  | 666 |  | 37,525
| At 30 June 25 | 47,377 |  | 8,364 |  | 55,741
| Depreciation and impairment
| At 01 July 24 | 2,260 |  | 3,393 |  | 5,653
| Charge for year | 2,921 |  | 1,755 |  | 4,676
| At 30 June 25 | 5,181 |  | 5,148 |  | 10,329
| Net book value
| At 30 June 25 | 42,196 |  | 3,216 |  | 45,412
| At 30 June 24 | 8,258 |  | 4,305 |  | 12,563

4. | Stocks
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Work in progress | 314,317 |  | 591,903
| Total | 314,317 |  | 591,903

5. | Debtors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade debtors / trade receivables | 757,536 |  | 1,449,481
| Amounts owed by group undertakings | 133,591 |  | 106,030
| Other debtors | 90,432 |  | 7,686
| Called up share capital not paid, current asset | 1,000 |  | 1,000
| Total | 982,559 |  | 1,564,197

6. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 565,886 |  | 1,002,204
| Amounts owed to related parties | 84,370 |  | 84,370
| Taxation and social security | 33,661 |  | 273,384
| Other creditors | 9,110 |  | 11,491
| Accrued liabilities and deferred income | 58,227 |  | 631,268
| Total | 751,254 |  | 2,002,717

7. | Pension commitments
--- | ---
| The company operates a defined contribution pension scheme for the directors and senior employees. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension charge for the year amounted to £10,750 (2024: £7,710). At the year end, pension contributions of £1,228 (2024: £985) were outstanding and included within other creditors.

8. | Operating lease commitments
--- | ---
| At 30 June 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £77,500 (2024 - £105,000).

9. | Related party transactions
--- | ---
| The company has taken advantage of the related party exemption under Financial Reporting Standard 102 Section1A, not to disclose related party transactions with wholly owned subsidiaries within the group.

10. | Controlling party
--- | ---
| The Company’s immediate parent is Carawatha International Pty Ltd, incorporated in Australia. The most senior parent entity producing publicly available financial statements is Carawatha International Pty Ltd. These financial statements are available upon request from Level 8, 905 Hay Street Perth WA 6000 Australia.