Company Registration No. 13094430 (England and Wales)
RS Meho Ltd
Filleted Accounts
for the year ended 31 December 2022
RS Meho Ltd
Filleted Accounts
Contents
RS Meho Ltd
Company Information
for the year ended 31 December 2022
Directors
Richard Mendonca
Sarah-Jane Mendonca
Company Number
13094430 (England and Wales)
Registered Office
37 Hereford Road
London
E11 2EA
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
RS Meho Ltd
Statement of financial position
as at 31 December 2022
Tangible assets
29,797
44,696
Cash at bank and in hand
133,734
328
Creditors: amounts falling due within one year
(58,582)
(12,026)
Net current assets/(liabilities)
101,222
(11,698)
Called up share capital
100
100
Profit and loss account
130,919
32,898
Shareholders' funds
131,019
32,998
For the year ending 31 December 2022 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 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 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 of Directors and authorised for issue on 8 September 2023 and were signed on its behalf by
Richard Mendonca
Director
Company Registration No. 13094430
RS Meho Ltd
Notes to the Accounts
for the year ended 31 December 2022
RS Meho Ltd is a private company, limited by shares, registered in England and Wales, registration number 13094430. The registered office is 37 Hereford Road, London, E11 2EA.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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:
Motor vehicles
25% straight line basis
Fixtures & fittings
25% straight line basis
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.
RS Meho Ltd
Notes to the Accounts
for the year ended 31 December 2022
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2022
45,500
14,095
59,595
At 31 December 2022
45,500
14,095
59,595
At 1 January 2022
11,375
3,524
14,899
Charge for the year
11,375
3,524
14,899
At 31 December 2022
22,750
7,048
29,798
At 31 December 2022
22,750
7,047
29,797
At 31 December 2021
34,125
10,571
44,696
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
24,891
-
Other creditors
14,082
9,218
Loans from directors
-
2,000
Allotted, called up and fully paid:
99 Ordinary shares A of £1 each
99
99
1 Ordinary shares B of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).