0 false false false false false false false false false true false false false false false false No description of principal activity 2022-03-01 Sage Accounts Production Advanced 2021 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 13195923 2022-03-01 2023-02-28 13195923 2023-02-28 13195923 2022-02-28 13195923 bus:LeadAgentIfApplicable 2022-03-01 2023-02-28 13195923 bus:Director1 2022-03-01 2023-02-28 13195923 core:WithinOneYear 2023-02-28 13195923 core:WithinOneYear 2022-02-28 13195923 core:ShareCapital 2023-02-28 13195923 core:ShareCapital 2022-02-28 13195923 core:RetainedEarningsAccumulatedLosses 2023-02-28 13195923 core:RetainedEarningsAccumulatedLosses 2022-02-28 13195923 bus:SmallEntities 2022-03-01 2023-02-28 13195923 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 13195923 bus:AbridgedAccounts 2022-03-01 2023-02-28 13195923 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 13195923 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28
COMPANY REGISTRATION NUMBER: 13195923
ME And You Sales Ltd
Filleted Unaudited Abridged Financial Statements
28 February 2023
ME And You Sales Ltd
Abridged Financial Statements
Year ended 28 February 2023
Contents
Page
Chartered accountant's report to the director on the preparation of the unaudited statutory abridged financial statements
1
Abridged statement of financial position
2
Notes to the abridged financial statements
4
ME And You Sales Ltd
Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Abridged Financial Statements of ME And You Sales Ltd
Year ended 28 February 2023
As described on the abridged statement of financial position, the director of the company is responsible for the preparation of the abridged financial statements for the year ended 28 February 2023, which comprise the abridged statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these abridged financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
HARPER SHELDON LIMITED Chartered accountants
Midway House Staverton Technology Park Herrick Way, Staverton Cheltenham, Glos. GL51 6TQ
26 October 2023
ME And You Sales Ltd
Abridged Statement of Financial Position
28 February 2023
2023
2022
Note
£
£
Current assets
Debtors
1
Cash at bank and in hand
70,557
50,975
--------
--------
70,557
50,976
Creditors: amounts falling due within one year
44,991
51,240
--------
--------
Net current assets/(liabilities)
25,566
( 264)
--------
----
Total assets less current liabilities
25,566
( 264)
--------
----
Net assets/(liabilities)
25,566
( 264)
--------
----
Capital and reserves
Called up share capital
1
1
Profit and loss account
25,565
( 265)
--------
----
Shareholder funds/(deficit)
25,566
( 264)
--------
----
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 28 February 2023 in accordance with Section 444(2A) of the Companies Act 2006.
ME And You Sales Ltd
Abridged Statement of Financial Position (continued)
28 February 2023
These abridged financial statements were approved by the board of directors and authorised for issue on 26 October 2023 , and are signed on behalf of the board by:
Mr M Ellison
Director
Company registration number: 13195923
ME And You Sales Ltd
Notes to the Abridged Financial Statements
Year ended 28 February 2023
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Midway House, Staverton Technology Park , Herrick Way, Staverton, Cheltenham, Glos., GL51 6TQ, UK.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
4. Employee numbers
The average number of persons employed b the company during the year amounted to nil (2022: nil)
5. Director's advances, credits and guarantees
There were none during the year.