Company registration number: 12375137
Unaudited financial statements
for the year ended 31 January 2023
for
Mme Business Consultants Limited
Pages for filing with the Registrar
Company registration number: 12375137
Mme Business Consultants Limited
Balance sheet
as at 31 January 2023
2023 2022
Note £ £ £ £
Fixed assets
Intangible assets 4 29,520 36,900
Tangible assets - 40,465
29,520 77,365
Current assets
Debtors 23,663 4,525
Cash at bank and in hand 5,383 2,037
29,046 6,562
Creditors: amounts falling due within
one year
(47,869) (44,733)
Net current liabilities (18,823) (38,171)
Total assets less current liabilities 10,697 39,194
Creditors: Amounts falling due after
more than one year
- (19,079)
NET ASSETS 10,697 20,115
Capital and reserves
Called up share capital 100 100
Profit and loss account 10,597 20,015
TOTAL EQUITY 10,697 20,115
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 January 2023.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 12375137
Mme Business Consultants Limited
Balance sheet - continued
as at 31 January 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 31 January 2024 and signed on its behalf by:
Miss C Betts, Director
31 January 2024
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Mme Business Consultants Limited
Notes to the financial statements
for the year ended 31 January 2023
1 Company information
The company is registered in England and Wales. Its registered number is 12375137. The company is limited by shares. Its registered office is 5 Harwood Close, Ratby, Leicester, Leicestershire, LE6 0PT.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 20% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
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Mme Business Consultants Limited
Notes to the financial statements - continued
for the year ended 31 January 2023
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was (2022 - ).
4 Intangible assets
Goodwill
£
Cost
At 1 February 2022 36,900
At 31 January 2023 36,900
Amortisation
Charge for year 7,380
At 31 January 2023 7,380
Net book value
At 31 January 2023 29,520
At 31 January 2022 36,900
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Mme Business Consultants Limited
Exception report
for the year ended 31 January 2023
The following differences exist between the previous year's closing balances per the accounts and the
current year's opening balances per the Trial Balance:
Tangible fixed assets
Opening balance at
1 February 2022 per
TB
Balance at 31
January 2022 per
accounts
Difference
£ £ £
Reserves
Opening balance at
1 February 2022 per
TB
Balance at 31
January 2022 per
accounts
Difference
£ £ £
Profit and loss account (Account 968) 31,683 20,015 11,668
31,683 20,015 11,668
This page does not form part of the statutory financial statements.
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