Micon International Co Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 04026319 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

FOR

MICON INTERNATIONAL CO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C A Jacobs

R M Gowans

W J Lewis

Mrs E de Klerk

D R De Wit

SECRETARY:

Mrs E de Klerk

REGISTERED OFFICE:

Suite 10 Keswick Hall

Keswick

Norwich

Norfolk

NR4 6TJ

REGISTERED NUMBER:

04026319 (England and Wales)

ACCOUNTANTS:

Hollis and Co Limited

Chartered Accountants

35 Wilkinson Street

Sheffield

South Yorkshire

S10 2GB

FIXED ASSETS

Tangible assets

4

-

3,158

CURRENT ASSETS

Debtors

5

718,795

594,579

Cash at bank and in hand

627,489

735,906

1,346,284

1,330,485

CREDITORS

Amounts falling due within one year

6

638,110

684,962

NET CURRENT ASSETS

708,174

645,523

TOTAL ASSETS LESS CURRENT LIABILITIES

708,174

648,681

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

708,172

648,679

SHAREHOLDERS' FUNDS

708,174

648,681

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 28 March 2023 and were signed on its behalf by:

Mrs E de Klerk - Director

1.	STATUTORY INFORMATION

Micon International Co Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

30% on reducing balance

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 6 (2021 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2021

and 30 June 2022

133,803

DEPRECIATION

At 1 July 2021

130,645

Charge for year

3,158

At 30 June 2022

133,803

NET BOOK VALUE

At 30 June 2022

-

At 30 June 2021

3,158

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

419,887

278,668

Amounts owed by group undertakings

263,422

260,381

Other debtors

35,486

55,530

718,795

594,579

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

101,638

173,122

Taxation and social security

117,034

39,671

Other creditors

419,438

472,169

638,110

684,962

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Micon International Limited, a company incorporated in Canada.