ME ENGINEERING LTD

Company Registration Number:
08902335 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

ME ENGINEERING LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

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

ME ENGINEERING LTD

Company Information

for the Period Ended 29 February 2024




Director: Dave Spratt
Registered office: Overgreen
Great Orton
Carlisle
CA5 6NA
Company Registration Number: 08902335 (England and Wales)

ME ENGINEERING LTD

Directors' Report Period Ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Principal Activities

Electrical and Mechanical Engineering Serices

Political and charitable donations

None

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 29 February 2024
Dave Spratt

This report was approved by the board of directors on 25 August 2024
And Signed On Behalf Of The Board By:

Name: Dave Spratt
Status: Director

ME ENGINEERING LTD

Profit and Loss Account

for the Period Ended 29 February 2024


Notes

2024
£

2023
£
Turnover 164,553 215,878
Cost of sales ( 51,330 ) ( 92,159 )
Gross Profit or (Loss) 113,223 123,719
Administrative Expenses ( 86,093 ) ( 149,955 )
Operating Profit or (Loss) 27,130 ( 26,236 )
Profit or (Loss) Before Tax 27,130 ( 26,236 )
Tax on Profit ( 5,154 ) ( 0 )
Profit or (Loss) for Period 21,976 ( 26,236 )

The notes form part of these financial statements

ME ENGINEERING LTD

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 14,013 19,514
Total fixed assets: 14,013 19,514
Current assets
Stocks: 32,244 32,955
Debtors: 5 17,616 63,090
Cash at bank and in hand: 8,413 0
Total current assets: 58,273 96,045
Creditors: amounts falling due within one year: 6 ( 32,863 ) ( 52,279 )
Net current assets (liabilities): 25,410 43,766
Total assets less current liabilities: 39,423 63,280
Creditors: amounts falling due after more than one year: 7 ( 30,011 ) ( 33,680 )
Total net assets (liabilities): 9,412 29,600

The notes form part of these financial statements

ME ENGINEERING LTD

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 9,412 55,740
Profit and loss account: 0 ( 26,140 )
Shareholders funds: 9,412 29,600

For the year ending 29 February 2024 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 25 August 2024
And Signed On Behalf Of The Board By:

Name: Dave Spratt
Status: Director

The notes form part of these financial statements

ME ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 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

ME ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 6

ME ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

ME ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Tangible assets

Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £
At 01 March 2023 12,033 1,639 3,842 2,000 19,514
Additions - - - - -
Disposals - - - ( 1,600 ) ( 1,600 )
Revaluations - - - - -
Transfers - - - - -
At 29 February 2024 12,033 1,639 3,842 400 17,914
Depreciation
At 01 March 2023 - - - - -
Charge for year 2,406 327 768 400 3,901
On disposals - - - - -
Other adjustments - - - - -
At 29 February 2024 2,406 327 768 400 3,901
Net book value
At 29 February 2024 9,627 1,312 3,074 0 14,013
At 28 February 2023 12,033 1,639 3,842 2,000 19,514

ME ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Debtors


2024
£

2023
£
Trade debtors 17,616 63,090
Total 17,616 63,090

ME ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 14,754 11,487
Trade creditors 6,801 29,792
Taxation and social security 11,308 9,850
Other creditors 1,150
Total 32,863 52,279

ME ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

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


2024
£

2023
£
Bank loans and overdrafts 30,011 33,680
Total 30,011 33,680