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REGISTERED NUMBER: 07185497 (England and Wales)















Financial Statements for the Year Ended 30 April 2023

for

Mepal P.O. & Stores Ltd

Mepal P.O. & Stores Ltd (Registered number: 07185497)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 6

Mepal P.O. & Stores Ltd

Company Information
for the Year Ended 30 April 2023







DIRECTORS: Mr Gurdip Singh Jatana
Mrs Sukhpal Kaur Jatana





REGISTERED OFFICE: 143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU





REGISTERED NUMBER: 07185497 (England and Wales)





ACCOUNTANTS: Accountancy Solutions
143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU

Mepal P.O. & Stores Ltd (Registered number: 07185497)

Statement of Financial Position
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 2,119 2,649

CURRENT ASSETS
Inventories 5 18,700 19,880
Debtors 6 20,861 20,011
Cash at bank and in hand 8,491 29,865
48,052 69,756
CREDITORS
Amounts falling due within one year 7 26,009 25,487
NET CURRENT ASSETS 22,043 44,269
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,162

46,918

CREDITORS
Amounts falling due after more than
one year

8

35,146

45,031
NET (LIABILITIES)/ASSETS (10,984 ) 1,887

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 (11,084 ) 1,787
SHAREHOLDERS' FUNDS (10,984 ) 1,887

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Mepal P.O. & Stores Ltd (Registered number: 07185497)

Statement of Financial Position - continued
30 April 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 22 December 2023 and were signed on its behalf by:





Mr Gurdip Singh Jatana - Director


Mepal P.O. & Stores Ltd (Registered number: 07185497)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Mepal P.O. & Stores Ltd 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 - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2022
and 30 April 2023 15,774 315 16,089
DEPRECIATION
At 1 May 2022 13,414 26 13,440
Charge for year 472 58 530
At 30 April 2023 13,886 84 13,970
NET BOOK VALUE
At 30 April 2023 1,888 231 2,119
At 30 April 2022 2,360 289 2,649

Mepal P.O. & Stores Ltd (Registered number: 07185497)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

5. INVENTORIES
30.4.23 30.4.22
£    £   
Stocks 18,700 19,880

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Other Debtors 19,488 19,488
Prepayments 1,373 523
20,861 20,011

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade Creditors 2,732 2,458
Social security and other taxes - 357
Value Added Tax 4,143 341
Directors' current accounts 19,134 21,814
Accrued Expenses - 517
26,009 25,487

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans - 2-5 years 35,146 45,031

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 May 2022 1,787
Deficit for the year (12,871 )
At 30 April 2023 (11,084 )

Mepal P.O. & Stores Ltd

Report of the Accountants to the Directors of
Mepal P.O. & Stores Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30 April 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Accountancy Solutions
143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU


Date: .............................................