Company Registration No. 00518865 (England and Wales)
E Meyer & Co (Mentor) Limited
Unaudited accounts
for the year ended 30 April 2023
E Meyer & Co (Mentor) Limited
Unaudited accounts
Contents
E Meyer & Co (Mentor) Limited
Company Information
for the year ended 30 April 2023
Company Number
00518865 (England and Wales)
Registered Office
Mount Pleasant
Abbey Estate
Wembley
Middlesex
HA0 1QX
Accountants
RMR Partnership LLP
3rd Floor, Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
E Meyer & Co (Mentor) Limited
Statement of financial position
as at 30 April 2023
Tangible assets
317,826
321,881
Cash at bank and in hand
547,304
666,524
Creditors: amounts falling due within one year
(55,021)
(66,823)
Net current assets
550,196
639,106
Total assets less current liabilities
868,022
960,987
Provisions for liabilities
Other provisions
(5,855)
(5,855)
Net assets
862,167
955,132
Called up share capital
20,100
20,100
Revaluation reserve
346,483
346,483
Profit and loss account
495,584
588,549
Shareholders' funds
862,167
955,132
For the year ending 30 April 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 10 April 2024 and were signed on its behalf by
Mr Edmund Meyer
Director
Company Registration No. 00518865
E Meyer & Co (Mentor) Limited
Notes to the Accounts
for the year ended 30 April 2023
E Meyer & Co (Mentor) Limited is a private company, limited by shares, registered in England and Wales, registration number 00518865. The registered office is Mount Pleasant, Abbey Estate, Wembley, Middlesex, HA0 1QX.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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:
Land & buildings
1% as per straight line method
Plant & machinery
10% as per straight line method
Motor vehicles
25% as per straight line method
Fixtures & fittings
10% as per straight line method
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.
E Meyer & Co (Mentor) Limited
Notes to the Accounts
for the year ended 30 April 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2022
400,000
2,628,903
8,750
564
3,038,217
At 30 April 2023
400,000
2,628,903
8,750
564
3,038,217
At 1 May 2022
78,399
2,628,903
8,750
284
2,716,336
Charge for the year
4,000
-
-
55
4,055
At 30 April 2023
82,399
2,628,903
8,750
339
2,720,391
At 30 April 2023
317,601
-
-
225
317,826
At 30 April 2022
321,601
-
-
280
321,881
Amounts falling due within one year
Trade debtors
39,955
21,379
Accrued income and prepayments
9,464
9,819
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
14,065
24,634
Trade creditors
10,420
19,281
Taxes and social security
13,087
10,340
Other creditors
7,423
7,423
Loans from directors
1,085
-
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).