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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
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Mertil Management Ltd Company Information for the year ended 30 November 2022
Director
Faris Hmood
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
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Mertil Management Ltd Statement of financial position as at 30 November 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,396 
7,194 
Current assets
Debtors
158,212 
103,778 
Cash at bank and in hand
413,888 
89,878 
572,100 
193,656 
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)
Capital and reserves
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
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Mertil Management Ltd Notes to the Accounts for the year ended 30 November 2022
1
Statutory information
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.
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.
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 
£ 
Cost or valuation
At cost 
At 1 December 2021
17,515 
At 30 November 2022
17,515 
Depreciation
At 1 December 2021
10,321 
Charge for the year
1,798 
At 30 November 2022
12,119 
Net book value
At 30 November 2022
5,396 
At 30 November 2021
7,194 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
64,421 
- 
Other debtors
93,791 
103,778 
158,212 
103,778 
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Mertil Management Ltd Notes to the Accounts for the year ended 30 November 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
56,967 
5,273 
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 
Accruals
20,560 
19,500 
492,969 
327,406 
7
Average number of employees
During the year the average number of employees was 5 (2021: 2).
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