Company Registration No. 10468240 (England and Wales)
Metheni Limited
Unaudited accounts
for the year ended 30 November 2023
Metheni Limited
Unaudited accounts
Contents
Metheni Limited
Company Information
for the year ended 30 November 2023
Company Number
10468240 (England and Wales)
Registered Office
113 Ferriby High Road
North Ferriby
HU14 3LA
England
Accountants
Rainbird Hanton Accountants
The Octagon
Hesslewood Business Park
Feriby Road
Hessle
East Yorkshire
HU13 0LH
Metheni Limited
Statement of financial position
as at 30 November 2023
Tangible assets
4,324
5,417
Inventories
97,248
105,582
Cash at bank and in hand
476
3,040
Creditors: amounts falling due within one year
(138,385)
(113,319)
Net current assets
468
2,901
Called up share capital
1
1
Profit and loss account
4,791
8,317
Shareholders' funds
4,792
8,318
For the year ending 30 November 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 16 August 2024 and were signed on its behalf by
John Methenitis
Director
Company Registration No. 10468240
Metheni Limited
Notes to the Accounts
for the year ended 30 November 2023
Metheni Limited is a private company, limited by shares, registered in England and Wales, registration number 10468240. The registered office is 113 Ferriby High Road, , North Ferriby, HU14 3LA, 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.
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.
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:
Plant & machinery
10% on cost
Motor vehicles
10% on cost
Computer equipment
20% on cost
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
3,000
2,000
468
5,468
At 30 November 2023
3,000
2,000
468
5,468
At 1 December 2022
-
-
51
51
Charge for the year
600
400
93
1,093
At 30 November 2023
600
400
144
1,144
At 30 November 2023
2,400
1,600
324
4,324
At 30 November 2022
3,000
2,000
417
5,417
Metheni Limited
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
47,040
74,898
Taxes and social security
17,600
2,086
Other creditors
21,050
32,975
Loans from directors
51,191
-
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).