Company Registration No. 07064600 (England and Wales)
Mertil Management Ltd
Unaudited accounts
for the year ended 30 November 2022
Mertil Management Ltd
Unaudited accounts
Contents
Mertil Management Ltd
Company Information
for the year ended 30 November 2022
Company Number
07064600 (England and Wales)
Registered Office
77 Milson Road
West Kensington
LONDON
W14 0LH
United Kingdom
Accountants
Murugesu Associates
77 Milson Road
West Kensington
London
W14 0LH
Mertil Management Ltd
Statement of financial position
as at 30 November 2022
Tangible assets
5,396
7,194
Cash at bank and in hand
413,888
89,878
Creditors: amounts falling due within one year
(492,969)
(327,406)
Net current assets/(liabilities)
79,131
(133,750)
Net assets/(liabilities)
84,527
(126,556)
Called up share capital
1
1
Profit and loss account
84,526
(126,557)
Shareholders' funds
84,527
(126,556)
For the year ending 30 November 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 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 25 October 2023 and were signed on its behalf by
Faris Hmood
Director
Company Registration No. 07064600
Mertil Management Ltd
Notes to the Accounts
for the year ended 30 November 2022
Mertil Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 07064600. The registered office is 77 Milson Road, West Kensington, LONDON, W14 0LH, United Kingdom.
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.
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:
Fixtures & fittings
25% on reducing balance
4
Tangible fixed assets
Fixtures & fittings
At 30 November 2022
17,515
At 30 November 2022
12,119
Amounts falling due within one year
Other debtors
93,791
103,778
Mertil Management Ltd
Notes to the Accounts
for the year ended 30 November 2022
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
114,267
72,744
Taxes and social security
58,879
13,150
Proposed dividends
25,000
-
Other creditors
98,300
98,300
Loans from directors
118,996
118,439
7
Average number of employees
During the year the average number of employees was 5 (2021: 2).