Company Registration No. 11957893 (England and Wales)
MEMONSEO LTD
Unaudited accounts
for the year ended 31 December 2022
MEMONSEO LTD
Unaudited accounts
Contents
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
MEMONSEO LTD
Statement of financial position
as at 31 December 2022
Intangible assets
30,357
34,847
Tangible assets
4,810
6,191
Cash at bank and in hand
1,651
2,194
Creditors: amounts falling due within one year
(96,958)
(75,151)
Net current liabilities
(95,307)
(71,272)
Net liabilities
(60,140)
(30,234)
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
MEMONSEO LTD
Notes to the Accounts
for the year ended 31 December 2022
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.
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:
Plant & machinery
Over 4 years
Motor vehicles
Over 10 years
Fixtures & fittings
over 4 years
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
MEMONSEO LTD
Notes to the Accounts
for the year ended 31 December 2022
4
Intangible fixed assets
Total
At 31 December 2022
44,900
At 31 December 2022
14,543
At 31 December 2022
30,357
At 31 December 2021
34,847
5
Tangible fixed assets
Total
At 31 December 2022
10,099
6
Average number of employees
During the year the average number of employees was 4 (2021: 4).