Mihaus UK Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC504069 (Scotland)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Mihaus UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

J I Gillies

REGISTERED OFFICE:

Unit 5, Suite 3

Lomand Business Park

Glenrothes

Fife

KY6 2PJ

REGISTERED NUMBER:

SC504069 (Scotland)

ACCOUNTANTS:

Wallace White Accountants

2nd Floor

22-24 Blythswood Square

Glasgow

G2 4BG

FIXED ASSETS

Tangible assets

4

6,258

7,032

CURRENT ASSETS

Stocks

5

79,673

88,673

Debtors

6

565,060

454,613

Cash in hand

77

644,810

543,363

CREDITORS

Amounts falling due within one year

7

251,074

254,757

NET CURRENT ASSETS

393,736

288,606

TOTAL ASSETS LESS CURRENT
LIABILITIES

399,994

295,638

CREDITORS

Amounts falling due after more than one year

8

16,798

28,960

NET ASSETS

383,196

266,678

CAPITAL AND RESERVES

Called up share capital

180,100

Retained earnings

203,096

86,578

SHAREHOLDERS' FUNDS

383,196

266,678

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 1 September 2026 and were signed by:

I A Gillies - Director

1.	STATUTORY INFORMATION

Mihaus 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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Stocks

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

Cost is calculated using first-in, first-out method and includes all purchase, transport and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current 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. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

COST

At 1 October 2024

72,671

19,719

27,525

28,669

148,584

Additions

-

1,144

At 30 September 2025

72,671

19,719

27,525

29,813

149,728

DEPRECIATION

At 1 October 2024

72,671

16,825

23,387

28,669

141,552

Charge for year

-

1,056

481

381

1,918

At 30 September 2025

72,671

17,881

23,868

29,050

143,470

NET BOOK VALUE

At 30 September 2025

-

1,838

3,657

763

6,258

At 30 September 2024

-

2,894

4,138

-

7,032

5.

STOCKS

30.9.25

30.9.24

£

Stocks

53,500

58,000

Work-in-progress

26,173

30,673

79,673

88,673

6.

DEBTORS

30.9.25

30.9.24

£

Amounts falling due within one year:

Trade debtors

129,635

40,852

Displays

175,876

174,486

Other debtors

26,836

10,922

S455 tax

8,528

Called up share capital not

paid

180,000

Directors' current accounts

41,485

36,785

Prepayments

-

340

562,360

451,913

30.9.25

30.9.24

£

Amounts falling due after more than one year:

Other debtors

2,700

Aggregate amounts

565,060

454,613

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Bank loans and overdrafts

14,330

24,932

Other loans

22,500

33,902

Trade creditors

127,903

173,372

Tax

1,466

2,802

Social security and other taxes

18,970

13,692

VAT

57,081

2,753

Other creditors

6,324

804

Accrued expenses

2,500

251,074

254,757

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.9.25

30.9.24

£

Bank loans - 2-5 years

16,798

28,960

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Wallace White Accountants

2nd Floor

22-24 Blythswood Square

Glasgow

G2 4BG

1 September 2026