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Company Registration No. 11974968 (England and Wales)
MENGER LIMITED Unaudited accounts for the year ended 31 May 2023
MENGER LIMITED Unaudited accounts Contents
Page
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MENGER LIMITED Company Information for the year ended 31 May 2023
Director
Mr Andre Johnston Pijunchi
Company Number
11974968 (England and Wales)
Registered Office
FLAT 14 1 FARADAY ROAD LONDON W10 5LQ UNITED KINGDOM
Accountants
Kapook Accountancy Certified Practising Accountants (ICPA) 94 Caledonian Road London N1 9DN
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MENGER LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,334 
25,591 
Current assets
Inventories
4,990 
3,640 
Debtors
45,915 
28,200 
Cash at bank and in hand
12,595 
24,378 
63,500 
56,218 
Creditors: amounts falling due within one year
(52,069)
(34,832)
Net current assets
11,431 
21,386 
Total assets less current liabilities
30,765 
46,977 
Creditors: amounts falling due after more than one year
(62,991)
(62,238)
Net liabilities
(32,226)
(15,261)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(32,326)
(15,361)
Shareholders' funds
(32,226)
(15,261)
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 January 2024 and were signed on its behalf by
Mr Andre Johnston Pijunchi Director Company Registration No. 11974968
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MENGER LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
MENGER LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11974968. The registered office is FLAT 14 , 1 FARADAY ROAD, LONDON, W10 5LQ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
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MENGER LIMITED Notes to the Accounts for the year ended 31 May 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2022
417 
43,698 
544 
44,659 
Additions
145 
43 
- 
188 
At 31 May 2023
562 
43,741 
544 
44,847 
Depreciation
At 1 June 2022
182 
18,648 
238 
19,068 
Charge for the year
95 
6,273 
77 
6,445 
At 31 May 2023
277 
24,921 
315 
25,513 
Net book value
At 31 May 2023
285 
18,820 
229 
19,334 
At 31 May 2022
235 
25,050 
306 
25,591 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
17,715 
- 
Amounts falling due after more than one year
Other debtors
28,200 
28,200 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,352 
1,326 
Taxes and social security
1,036 
108 
Loans from directors
49,681 
33,398 
52,069 
34,832 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
32,315 
33,968 
Other creditors
30,676 
28,270 
62,991 
62,238 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 2 (2022: 1).
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