MERAKI LIFE LIMITED

Company Registration Number:
09647115 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

MERAKI LIFE LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MERAKI LIFE LIMITED

Company Information

for the Period Ended 30 June 2023




Director: Faye Cottrell
Registered office: 20
20 Corncockle Close
Melksham
England
SN12 7GJ
Company Registration Number: 09647115 (England and Wales)

MERAKI LIFE LIMITED

Directors' Report Period Ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Principal Activities

The retail of soft furnishings and blinds

Directors

The directors shown below have held office during the whole of the period from 01 July 2022 to 30 June 2023
Faye Cottrell

This report was approved by the board of directors on 11 March 2024
And Signed On Behalf Of The Board By:

Name: Faye Cottrell
Status: Director

MERAKI LIFE LIMITED

Profit and Loss Account

for the Period Ended 30 June 2023


Notes

2023
£

2022
£
Turnover 126,940 127,885
Cost of sales ( 89,654 ) ( 86,337 )
Gross Profit or (Loss) 37,286 41,853
Income from coronavirus (COVID-19) business support grants 0 305
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 23,244 ) ( 21,824 )
Other operating income 0 0
Operating Profit or (Loss) 14,042 20,029
Interest Receivable and Similar Income 135 8
Profit or (Loss) Before Tax 14,177 20,037
Tax on Profit ( 3,282 ) ( 721 )
Profit or (Loss) for Period 10,895 19,316

The notes form part of these financial statements

MERAKI LIFE LIMITED

Balance sheet

As at 30 June 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 9,212 12,309
Total fixed assets: 9,212 12,309
Current assets
Cash at bank and in hand: 141,037 119,754
Total current assets: 141,037 119,754
Creditors: amounts falling due within one year: 5 ( 107,934 ) ( 97,383 )
Net current assets (liabilities): 33,103 22,371
Total assets less current liabilities: 42,315 34,680
Creditors: amounts falling due after more than one year: 6 ( 8,124 ) ( 11,384 )
Provision for liabilities: ( 29 ) ( 29 )
Accruals and deferred income: ( 500 ) ( 500 )
Total net assets (liabilities): 33,662 22,767

The notes form part of these financial statements

MERAKI LIFE LIMITED

Balance sheet continued

As at 30 June 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 33,562 22,667
Shareholders funds: 33,662 22,767

For the year ending 30 June 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 11 March 2024
And Signed On Behalf Of The Board By:

Name: Faye Cottrell
Status: Director

The notes form part of these financial statements

MERAKI LIFE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MERAKI LIFE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

MERAKI LIFE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 3. Off balance sheet disclosure

    No

MERAKI LIFE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible assets

Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 July 2022 430 5,207 15,692 21,329
Additions 0 0 0 0
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 30 June 2023 430 5,207 15,692 21,329
Depreciation
At 01 July 2022 303 4,794 3,923 9,020
Charge for year 19 136 2,942 3,097
On disposals - - - -
Other adjustments - - - -
At 30 June 2023 322 4,930 6,865 12,117
Net book value
At 30 June 2023 108 277 8,827 9,212
At 30 June 2022 127 413 11,769 12,309

MERAKI LIFE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 4,494 6,797
Taxation and social security 4,269 721
Accruals and deferred income 0
Other creditors 99,171 89,865
Total 107,934 97,383

MERAKI LIFE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

6.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 8,124 11,384
Total 8,124 11,384

Bounce bank loan