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REGISTERED NUMBER: 03548076 (England and Wales)















MEGGS, COSTOYA, ATTFIELD LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023






MEGGS, COSTOYA, ATTFIELD LIMITED (REGISTERED NUMBER: 03548076)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


MEGGS, COSTOYA, ATTFIELD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: Ms B J Costoya
Ms P A Meggs





SECRETARY: Ms P A Meggs





REGISTERED OFFICE: Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE





REGISTERED NUMBER: 03548076 (England and Wales)





ACCOUNTANTS: Kounnis And Partners Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

MEGGS, COSTOYA, ATTFIELD LIMITED (REGISTERED NUMBER: 03548076)

STATEMENT OF FINANCIAL POSITION
31 MAY 2023

31.5.23 31.5.22
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 720 -

CURRENT ASSETS
Debtors 5 1,160 2,746
Cash at bank 75,997 30,027
77,157 32,773
CREDITORS
Amounts falling due within one year 6 (57,296 ) (10,836 )
NET CURRENT ASSETS 19,861 21,937
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,581

21,937

CREDITORS
Amounts falling due after more than one
year

7

(14,544

)

(16,034

)

PROVISIONS FOR LIABILITIES (137 ) -
NET ASSETS 5,900 5,903

CAPITAL AND RESERVES
Called up share capital 306 306
Share premium 5,508 5,508
Retained earnings 86 89
SHAREHOLDERS' FUNDS 5,900 5,903

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

MEGGS, COSTOYA, ATTFIELD LIMITED (REGISTERED NUMBER: 03548076)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 November 2023 and were signed on its behalf by:





Ms P A Meggs - Director


MEGGS, COSTOYA, ATTFIELD LIMITED (REGISTERED NUMBER: 03548076)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023


1. STATUTORY INFORMATION

Meggs, Costoya, Attfield Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

MEGGS, COSTOYA, ATTFIELD LIMITED (REGISTERED NUMBER: 03548076)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and
fittings
£   
COST
At 1 June 2022 54,912
Additions 847
At 31 May 2023 55,759
DEPRECIATION
At 1 June 2022 54,912
Charge for year 127
At 31 May 2023 55,039
NET BOOK VALUE
At 31 May 2023 720
At 31 May 2022 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Directors' current accounts - 2,746
Tax 1,160 -
1,160 2,746

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 4,000 4,000
Taxation and social security 17,214 4,886
Other creditors 36,082 1,950
57,296 10,836

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans 14,544 16,034

MEGGS, COSTOYA, ATTFIELD LIMITED (REGISTERED NUMBER: 03548076)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2023 and 31 May 2022:

31.5.23 31.5.22
£    £   
Ms B J Costoya and Ms P A Meggs
Balance outstanding at start of year 2,746 9,498
Amounts advanced 40,000 2,746
Amounts repaid (42,795 ) (9,498 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (49 ) 2,746

The overdrawn director's loan account was repaid within 9 months of the year end.