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REGISTERED NUMBER: 12084910 (England and Wales)


Memento Digital Ltd

Unaudited Financial Statements

for the Year Ended 31st July 2023






Memento Digital Ltd (Registered number: 12084910)






Contents of the Financial Statements
for the Year Ended 31st July 2023




Page

Company Information 1

Chartered Certified Accountants' Report 2

Abridged Balance Sheet 3

Notes to the Financial Statements 5


Memento Digital Ltd

Company Information
for the Year Ended 31st July 2023







DIRECTOR: Mr P Swioklo





REGISTERED OFFICE: 71-75 Shelton Street
London
WC2H 9JQ





REGISTERED NUMBER: 12084910 (England and Wales)





ACCOUNTANTS: Naail & Co
Chartered Certified Accountants
69 Lambeth Walk
London
SE11 6DX

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Memento Digital Ltd

The following reproduces the text of the report prepared for the director 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 Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Memento Digital Ltd for the year ended 31st July 2023 which comprise the Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Memento Digital Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Memento Digital Ltd and state those matters that we have agreed to state to the director of Memento Digital Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Memento Digital Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Memento Digital Ltd. You consider that Memento Digital Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Memento Digital Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Naail & Co
Chartered Certified Accountants
69 Lambeth Walk
London
SE11 6DX


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

Memento Digital Ltd (Registered number: 12084910)

Abridged Balance Sheet
31st July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 607 810

CURRENT ASSETS
Debtors 15,974 15,974
Cash at bank and in hand 41,148 32,204
57,122 48,178
CREDITORS
Amounts falling due within one year 27,901 20,197
NET CURRENT ASSETS 29,221 27,981
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,828

28,791

PROVISIONS FOR LIABILITIES 5 115 153
NET ASSETS 29,713 28,638

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 29,613 28,538
SHAREHOLDERS' FUNDS 29,713 28,638

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Memento Digital Ltd (Registered number: 12084910)

Abridged Balance Sheet - continued
31st July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st July 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4th March 2024 and were signed by:





Mr P Swioklo - Director


Memento Digital Ltd (Registered number: 12084910)

Notes to the Financial Statements
for the Year Ended 31st July 2023

1. STATUTORY INFORMATION

Memento Digital 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is generated from the ordinary activities of the business and is recognized when the right to consideration becomes due.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Memento Digital Ltd (Registered number: 12084910)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
In the directors' assessment of the company's ability to continue as a going concern, there are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st August 2022
and 31st July 2023 1,080
DEPRECIATION
At 1st August 2022 270
Charge for year 203
At 31st July 2023 473
NET BOOK VALUE
At 31st July 2023 607
At 31st July 2022 810

5. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 115 153

Memento Digital Ltd (Registered number: 12084910)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2023

5. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st August 2022 153
Utilised during year (38 )
Balance at 31st July 2023 115

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary �£1 100 100

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £33,000 (2022 - £45,000) were paid to the director .

Mr P Swioklo
Director & 100% shareholder

At the reporting date, the company owed £10,101 (2022: £293) to Mr Swioklo. This is an interest free loan with no set repayment terms.