MEMC Consulting Limited 11507898 true 2022-09-01 2023-08-31 2023-08-31 The principal activity of the company is Business and Management Consultancy Digita Accounts Production Advanced 6.30.9574.0 true Mr Mark Edward Macleod Corben Mrs Anna Christina Corben true 11507898 2022-09-01 2023-08-31 11507898 2023-08-31 11507898 bus:Director1 1 2023-08-31 11507898 bus:OrdinaryShareClass1 2023-08-31 11507898 core:RetainedEarningsAccumulatedLosses 2023-08-31 11507898 core:ShareCapital 2023-08-31 11507898 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 11507898 bus:FRS102 2022-09-01 2023-08-31 11507898 bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 11507898 bus:FullAccounts 2022-09-01 2023-08-31 11507898 bus:RegisteredOffice 2022-09-01 2023-08-31 11507898 bus:Director1 2022-09-01 2023-08-31 11507898 bus:Director1 1 2022-09-01 2023-08-31 11507898 bus:Director2 2022-09-01 2023-08-31 11507898 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 11507898 bus:EntityNoLongerTradingButTradedInPast 2022-09-01 2023-08-31 11507898 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 11507898 countries:EnglandWales 2022-09-01 2023-08-31 11507898 bus:Director1 1 2022-08-31 11507898 2022-08-31 11507898 bus:Director1 1 2022-08-31 11507898 bus:OrdinaryShareClass1 2022-08-31 11507898 core:RetainedEarningsAccumulatedLosses 2022-08-31 11507898 core:ShareCapital 2022-08-31 11507898 core:CurrentFinancialInstruments core:WithinOneYear 2022-08-31 11507898 bus:Director1 1 2021-09-01 2022-08-31 11507898 bus:Director1 1 2021-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11507898

MEMC Consulting Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 August 2023

 

MEMC Consulting Limited

Profit and Loss Account for the Year Ended 31 August 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

MEMC Consulting Limited

(Registration number: 11507898)
Balance Sheet as at 31 August 2023

Note

2023
£

2022
£

Current assets

 

Cash at bank and in hand

 

2,231

2,231

Creditors: Amounts falling due within one year

4

(2,829)

(2,829)

Net liabilities

 

(598)

(598)

Capital and reserves

 

Called up share capital

5

100

100

Retained earnings

(698)

(698)

Shareholders' deficit

 

(598)

(598)

For the financial year ending 31 August 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 9 November 2023 and signed on its behalf by:
 

.........................................
Mr Mark Edward Macleod Corben
Director

 

MEMC Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Wellesley House
204 London Road
Waterlooville
Hampshire
PO7 7AN
England

These financial statements were authorised for issue by the Board on 9 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

All figures are presented in British Sterling, which is the functional currency of the company, and are rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

MEMC Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Cash and cash equivalents

2023
£

2022
£

Cash at bank

2,231

2,231

4

Creditors

Note

2023
£

2022
£

Due within one year

 

Other payables

 

1,551

1,551

Accruals

 

780

780

Corporation tax liability

498

498

 

2,829

2,829

5

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

         

6

Related party transactions

Transactions with directors

2023

At 1 September 2022
£

At 31 August 2023
£

Mr Mark Edward Macleod Corben

The directors loan account balance is undated, unsecured, interest free and repayable on demand.

46,472

46,472

     
   

 

 

MEMC Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

2022

At 1 September 2021
£

At 31 August 2022
£

Mr Mark Edward Macleod Corben

The directors loan account balance is undated, unsecured, interest free and repayable on demand.

46,472

46,472