1 January 2022 false No description of principal activity Taxfiler 2023.9 11747744business:PrivateLimitedCompanyLtd2022-01-012022-12-31 117477442021-12-31 117477442022-01-012022-12-31 11747744business:AuditExempt-NoAccountantsReport2022-01-012022-12-31 11747744business:FilletedAccounts2022-01-012022-12-31 117477442022-12-31 11747744business:Director12022-01-012022-12-31 11747744business:Director22022-01-012022-12-31 11747744business:CompanySecretary12022-01-012022-12-31 11747744business:RegisteredOffice2022-01-012022-12-31 117477442021-12-31 11747744core:WithinOneYear2022-12-31 11747744core:WithinOneYear2021-12-31 11747744core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 11747744core:ShareCapitalcore:PreviouslyStatedAmount2021-12-31 11747744core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 11747744core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-12-31 11747744core:PreviouslyStatedAmount2022-12-31 11747744core:PreviouslyStatedAmount2021-12-31 11747744business:SmallEntities2022-01-012022-12-31 11747744countries:EnglandWales2022-01-012022-12-31 11747744core:PlantMachinery2022-01-012022-12-31 11747744core:MotorVehicles2022-01-012022-12-31 11747744core:FurnitureFittings2022-01-012022-12-31 11747744core:IntangibleAssetsOtherThanGoodwill2021-12-31 11747744core:IntangibleAssetsOtherThanGoodwill2022-12-31 11747744core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-31 11747744core:PlantMachinery2021-12-31 11747744core:MotorVehicles2021-12-31 11747744core:FurnitureFittings2021-12-31 11747744core:PlantMachinery2022-12-31 11747744core:MotorVehicles2022-12-31 11747744core:FurnitureFittings2022-12-31 117477442021-02-012021-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11747744 (England and Wales)
MEMONZ TRADING LTD Unaudited accounts for the year ended 31 December 2022
MEMONZ TRADING LTD Unaudited accounts Contents
Page
- 2 -
MEMONZ TRADING LTD Company Information for the year ended 31 December 2022
Directors
Aneel Jabbar Memon Mehak Shahzad Memon
Secretary
Shahzad Ali Memon
Company Number
11747744 (England and Wales)
Registered Office
UNIT C CATESWELL RETAIL PARK 1184 STRATF HALL GREEN BIRMINGHAM B28 8AB ENGLAND
Accountants
Certax Accounting (Fitzrovia) Limited 85 Tottenham Court Road London W1T 4TQ
- 3 -
MEMONZ TRADING LTD Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
28,287 
32,937 
Tangible assets
10,464 
19,456 
38,751 
52,393 
Current assets
Debtors
21,199 
10,500 
Cash at bank and in hand
14,540 
5,319 
35,739 
15,819 
Creditors: amounts falling due within one year
(182,721)
(192,168)
Net current liabilities
(146,982)
(176,349)
Net liabilities
(108,231)
(123,956)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(108,331)
(124,056)
Shareholders' funds
(108,231)
(123,956)
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 30 September 2023 and were signed on its behalf by
Mehak Shahzad Memon Director Company Registration No. 11747744
- 4 -
MEMONZ TRADING LTD Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
MEMONZ TRADING LTD is a private company, limited by shares, registered in England and Wales, registration number 11747744. The registered office is UNIT C CATESWELL RETAIL PARK 1184 STRATF, HALL GREEN, BIRMINGHAM, B28 8AB, 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.
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.
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
Over 4 years
Motor vehicles
over 10 years
Fixtures & fittings
Over 4 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
- 5 -
MEMONZ TRADING LTD Notes to the Accounts for the year ended 31 December 2022
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2022
46,500 
At 31 December 2022
46,500 
Amortisation
At 1 January 2022
13,563 
Charge for the year
4,650 
At 31 December 2022
18,213 
Net book value
At 31 December 2022
28,287 
At 31 December 2021
32,937 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2022
16,350 
16,194 
13,137 
45,681 
At 31 December 2022
16,350 
16,194 
13,137 
45,681 
Depreciation
At 1 January 2022
11,922 
4,724 
9,579 
26,225 
Charge for the year
4,088 
1,620 
3,284 
8,992 
At 31 December 2022
16,010 
6,344 
12,863 
35,217 
Net book value
At 31 December 2022
340 
9,850 
274 
10,464 
At 31 December 2021
4,428 
11,470 
3,558 
19,456 
6
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
VAT
1,799 
- 
Other debtors
19,400 
10,500 
21,199 
10,500 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
22,643 
6,500 
Taxes and social security
10,999 
20,623 
Other creditors
- 
2,100 
Loans from directors
149,079 
149,079 
Accruals
- 
13,866 
182,721 
192,168 
- 6 -
MEMONZ TRADING LTD Notes to the Accounts for the year ended 31 December 2022
8
Average number of employees
During the year the average number of employees was 4 (2021: 4).
- 7 -