Mensah Assessments Limited
Registered number: 08968166
Balance Sheet
at 30 September 2023
Notes 2023 2022
£ £
Current assets
Cash at bank and in hand 5,532 5,917
Creditors: amounts falling due within one year 4 (2,936) (4,789)
Net current assets 2,596 1,128
Net assets 2,596 1,128
Capital and reserves
Called up share capital 1 1
Profit and loss account 2,595 1,127
Shareholders' funds 2,596 1,128
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Eric Benjamin Nunoo Mensah
Director
The financial statements were approved by the board of directors on 20 October 2023
Mensah Assessments Limited
Notes to the Financial statements
for the period from 1 January 2023 to 30 September 2023
1 Accounting policies
Basis of preparation
These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 – The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' ('FRS 102'), and with the Companies Act 2006. The financial statements have been prepared on the historical cost basis and are presented in Sterling (£).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services and is recognised by reference to the stage of completion of the contract.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is calculated to write down the cost less estimated residual value of all tangible fixed assets over their expected useful lives, using the straight-line method.
Office equipment 25% per year
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Taxation
Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that that have been enacted or substantively enacted by the reporting date.
Deferred tax is calculated using the tax rates and laws that that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference and is recognised in respect of all timing differences at the reporting date, except as otherwise indicated. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. If and when all conditions for retaining tax allowances for the cost of a fixed asset have been met, the deferred tax is reversed.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Office equipment
£
Cost
At 1 January 2023 2,402
Disposals (2,402)
At 30 September 2023 -
Depreciation
At 1 January 2023 2,402
On disposals (2,402)
At 30 September 2023 -
Net book value
At 30 September 2023 -
4 Creditors: amounts falling due within one year 2023 2022
£ £
Other creditors 210 1,312
Trade creditors - 110
Corporation tax 2,066 2,707
Accruals and deferred income 660 660
2,936 4,789
5 Controlling party
E B N Mensah
6 Other information
Mensah Assessments Limited is a private company limited by shares and incorporated in England. Its registered office is:
1 Elm Road
Thornton Heath
Surrey
CR7 8RH
Mensah Assessments Limited 08968166 false 2023-01-01 2023-09-30 2023-09-30 VT Final Accounts October 2023 Eric Benjamin Nunoo Mensah No description of principal activity 08968166 2022-01-01 2022-12-31 08968166 core:WithinOneYear 2022-12-31 08968166 core:ShareCapital 2022-12-31 08968166 core:RetainedEarningsAccumulatedLosses 2022-12-31 08968166 2023-01-01 2023-09-30 08968166 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-09-30 08968166 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-09-30 08968166 bus:Director40 2023-01-01 2023-09-30 08968166 1 2023-01-01 2023-09-30 08968166 2 2023-01-01 2023-09-30 08968166 core:PlantMachinery 2023-01-01 2023-09-30 08968166 countries:England 2023-01-01 2023-09-30 08968166 bus:FRS102 2023-01-01 2023-09-30 08968166 bus:FullAccounts 2023-01-01 2023-09-30 08968166 2023-09-30 08968166 core:WithinOneYear 2023-09-30 08968166 core:ShareCapital 2023-09-30 08968166 core:RetainedEarningsAccumulatedLosses 2023-09-30 08968166 core:PlantMachinery 2023-09-30 08968166 2022-12-31 08968166 core:PlantMachinery 2022-12-31 iso4217:GBP xbrli:pure