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Company Registration No. 11687417 (England and Wales)
Meamo Ltd Unaudited accounts for the year ended 30 November 2021
Meamo Ltd Unaudited accounts Contents
Page
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Meamo Ltd Company Information for the year ended 30 November 2021
Director
Md Aminur Rahman
Company Number
11687417 (England and Wales)
Registered Office
74 BARON GARDENS BARKINGSIDE ILFORD ESSEX IG6 1PB ENGLAND
Accountants
Khan Islam & Co 117 Whitechapel Road 3rd Floor London London E1 1DT
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Meamo Ltd Accountants' report
Accountants' report to the director of Meamo Ltd on the preparation of the unaudited statutory accounts for the year ended 30 November 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Meamo Ltd for the year ended 30 November 2021 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Meamo Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Meamo Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Meamo Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Meamo Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Meamo Ltd. You consider that Meamo Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Meamo Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Khan Islam & Co 117 Whitechapel Road 3rd Floor London London E1 1DT 27 August 2022
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Meamo Ltd Statement of financial position as at 30 November 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,680 
1,942 
Current assets
Inventories
860 
410 
Cash at bank and in hand
4,459 
24,408 
5,319 
24,818 
Creditors: amounts falling due within one year
(600)
(600)
Net current assets
4,719 
24,218 
Total assets less current liabilities
6,399 
26,160 
Creditors: amounts falling due after more than one year
(18,886)
(37,189)
Net liabilities
(12,487)
(11,029)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(12,587)
(11,129)
Shareholders' funds
(12,487)
(11,029)
For the year ending 30 November 2021 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 August 2022 and were signed on its behalf by
Md Aminur Rahman Director Company Registration No. 11687417
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Meamo Ltd Notes to the Accounts for the year ended 30 November 2021
1
Statutory information
Meamo Ltd is a private company, limited by shares, registered in England and Wales, registration number 11687417. The registered office is 74 BARON GARDENS, BARKINGSIDE, ILFORD, ESSEX, IG6 1PB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20%
Fixtures & fittings
10%
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Meamo Ltd Notes to the Accounts for the year ended 30 November 2021
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2020
1,060 
1,560 
2,620 
At 30 November 2021
1,060 
1,560 
2,620 
Depreciation
At 1 December 2020
382 
296 
678 
Charge for the year
136 
126 
262 
At 30 November 2021
518 
422 
940 
Net book value
At 30 November 2021
542 
1,138 
1,680 
At 30 November 2020
678 
1,264 
1,942 
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Accruals
600 
600 
6
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
18,608 
20,300 
Other creditors
278 
16,889 
18,886 
37,189 
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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