Registered number
14084500
B&M Meola Ltd
Filleted Accounts
31 May 2023
B&M Meola Ltd
Registered number: 14084500
Balance Sheet
as at 31 May 2023
Notes 2023
£
Current assets
Cash at bank and in hand 76,504
Creditors: amounts falling due within one year 3 (40,184)
Net current assets 36,320
Net assets 36,320
Capital and reserves
Called up share capital 2
Profit and loss account 36,318
Shareholders' funds 36,320
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 accounts have been prepared and delivered 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.
B Meola
Director
Approved by the board on 7 November 2023
B&M Meola Ltd
Notes to the Accounts
for the period from 4 May 2022 to 31 May 2023
1 Accounting policies
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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023
Number
Average number of persons employed by the company 2
3 Creditors: amounts falling due within one year 2023
£
Trade creditors 29,500
Taxation and social security costs 9,458
Accruals 875
Directors account 351
40,184
4 Other information
B&M Meola Ltd is a private company limited by shares and incorporated in England. Its registered office is:
17 Gravel Walks
Oldham
Lancashire
OL4 1JY
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