13h 5min, feb 10, 2026 y - MMP Deeside Key WP Review

Description:

9+3
Group materiality lower than Local
Manufacturing corrugated cardboard packaging
2 sites 1 sold during the year
GA comfort - ITGC, Intercompany balances (received)
GA will check the signing off of key WP!

Trade Unions - no issues
Fraud/under table payments/commissions?

Cash pooling interest receivable fine
Plant machine productivity report missing for impairment review - include in procedures next year
Sale of building
-no option to tax working/checking
-working paper needs improving
Physical verification
-only done on additions
-school boy error
Inventories
-lower of cost and 80% of sales value
-insufficient work done on appropriateness of provision also no utilisation work on PY provision
-the 80% rule on inventory needs to be specifically stated and consistent to last year
Receivables
-factoring WITH recourse (risk with Factor)
-90% not due
IC balances - GA provided
Rebate accruals £550k just over PM lowered due to PY MLP's
No DB scheme, share based payments
-forward contracts trivial
Opex testing
-completeness of utilities
-no issues on payroll

Added to timeline:

Date: