1 June 2022 false No description of principal activity Taxfiler 2023.10 10203284business:PrivateLimitedCompanyLtd2022-06-012023-05-31 102032842022-05-31 102032842022-06-012023-05-31 10203284business:AuditExempt-NoAccountantsReport2022-06-012023-05-31 10203284business:FilletedAccounts2022-06-012023-05-31 102032842023-05-31 10203284business:Director12022-06-012023-05-31 10203284business:Director22022-06-012023-05-31 10203284business:Director32022-06-012023-05-31 10203284business:RegisteredOffice2022-06-012023-05-31 102032842022-05-31 10203284core:WithinOneYear2023-05-31 10203284core:WithinOneYear2022-05-31 10203284core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 10203284core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 10203284core:RevaluationReservecore:PreviouslyStatedAmount2023-05-31 10203284core:RevaluationReservecore:PreviouslyStatedAmount2022-05-31 10203284core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 10203284core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 10203284core:PreviouslyStatedAmount2023-05-31 10203284core:PreviouslyStatedAmount2022-05-31 10203284business:SmallEntities2022-06-012023-05-31 10203284countries:EnglandWales2022-06-012023-05-31 10203284core:RevaluationsIncreaseDecreaseInInvestments2023-05-31 10203284core:AfterOneYear2023-05-31 10203284core:AfterOneYear2022-05-31 102032842021-06-012022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 10203284 (England and Wales)
MEMPHIS CAPITAL LIMITED Unaudited accounts for the year ended 31 May 2023
MEMPHIS CAPITAL LIMITED Unaudited accounts Contents
Page
- 2 -
MEMPHIS CAPITAL LIMITED Company Information for the year ended 31 May 2023
Directors
ARIKAN, Osman Evren KOKSAL, Zeynep Ferda OZKAN, Tunc
Company Number
10203284 (England and Wales)
Registered Office
42 BROOK STREET OFFICE: 3.08 LONDON W1K 5DB ENGLAND
- 3 -
MEMPHIS CAPITAL LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
242,425 
237,885 
Current assets
Debtors
100 
100 
Cash at bank and in hand
506,025 
2,156,290 
506,125 
2,156,390 
Creditors: amounts falling due within one year
(808)
2,956 
Net current assets
505,317 
2,159,346 
Net assets
747,742 
2,397,231 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
(28,984)
(73,570)
Profit and loss account
776,626 
2,470,701 
Shareholders' funds
747,742 
2,397,231 
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 directors acknowledge their 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 of Directors and authorised for issue on 4 March 2024 and were signed on its behalf by
ARIKAN, Osman Evren Director Company Registration No. 10203284
- 4 -
MEMPHIS CAPITAL LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
MEMPHIS CAPITAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10203284. The registered office is 42 BROOK STREET, OFFICE: 3.08, LONDON, W1K 5DB, ENGLAND.
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.
4
Investments
Other investments 
£ 
Valuation at 1 June 2022
237,885 
Fair value adjustments
4,540 
Valuation at 31 May 2023
242,425 
Memphis Capital Limited owns 50,000 shares, which represent 50% share capital of POLARIS INTERNATIONAL INDUSTRIAL PARKS CO, company incorporated in Egypt.
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
100 
100 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
808 
(2,956)
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 5 -