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Company Registration No. 11957893 (England and Wales)
MEMONSEO LTD Unaudited accounts for the year ended 31 December 2022
MEMONSEO LTD Unaudited accounts Contents
Page
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MEMONSEO LTD Company Information for the year ended 31 December 2022
Directors
Aneel Jabbar Memon Mehak Shahzad Memon
Secretary
Shahzad Ali Memon
Company Number
11957893 (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
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MEMONSEO LTD Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
30,357 
34,847 
Tangible assets
4,810 
6,191 
35,167 
41,038 
Current assets
Debtors
- 
1,685 
Cash at bank and in hand
1,651 
2,194 
1,651 
3,879 
Creditors: amounts falling due within one year
(96,958)
(75,151)
Net current liabilities
(95,307)
(71,272)
Net liabilities
(60,140)
(30,234)
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
(60,340)
(30,434)
Shareholders' funds
(60,140)
(30,234)
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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. 11957893
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MEMONSEO LTD Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
MEMONSEO LTD is a private company, limited by shares, registered in England and Wales, registration number 11957893. 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.
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MEMONSEO LTD Notes to the Accounts for the year ended 31 December 2022
4
Intangible fixed assets
Total 
£ 
Cost
At 1 January 2022
44,900 
At 31 December 2022
44,900 
Amortisation
At 1 January 2022
10,053 
Charge for the year
4,490 
At 31 December 2022
14,543 
Net book value
At 31 December 2022
30,357 
At 31 December 2021
34,847 
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2022
9,362 
Additions
737 
At 31 December 2022
10,099 
Depreciation
At 1 January 2022
3,171 
Charge for the year
2,118 
At 31 December 2022
5,289 
Net book value
At 31 December 2022
4,810 
At 31 December 2021
6,191 
6
Average number of employees
During the year the average number of employees was 4 (2021: 4).
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