Registered number
08767794
AMENDED
MENTAR CONSULTANCY LIMITED
Filleted Accounts
30 November 2023
MENTAR CONSULTANCY LIMITED
Registered number: 08767794
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 5,108 6,890
Current assets
Debtors 4 11,983 37,728
Cash at bank and in hand 47,156 18,810
59,139 56,538
Creditors: amounts falling due within one year 5 (3,757) (5,117)
Net current assets 55,382 51,421
Total assets less current liabilities 60,490 58,311
Creditors: amounts falling due after more than one year 6 (20,039) (27,770)
Net assets 40,451 30,541
Capital and reserves
Called up share capital 100 100
Profit and loss account 40,351 30,441
Shareholders' funds 40,451 30,541
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Betsy Ochuko Eyareya
Director
Approved by the board on 29 August 2024
MENTAR CONSULTANCY LIMITED
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 December 2022 588 8,320 8,908
At 30 November 2023 588 8,320 8,908
Depreciation
At 1 December 2022 354 1,664 2,018
Charge for the year 118 1,664 1,782
At 30 November 2023 472 3,328 3,800
Net book value
At 30 November 2023 116 4,992 5,108
At 30 November 2022 234 6,656 6,890
4 Debtors 2023 2022
£ £
Trade debtors 8,901 -
Other debtors 3,082 37,728
11,983 37,728
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 2,442 3,568
Other creditors 1,315 1,549
3,757 5,117
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 20,039 27,770
7 Other information
MENTAR CONSULTANCY LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
119 Drakefell Road
Brockley
London
SE4 2DT
MENTAR CONSULTANCY LIMITED 08767794 false 2022-12-01 2023-11-30 2023-11-30 VT Final Accounts April 2024 Betsy Ochuko Eyareya No description of principal activity 08767794 2021-12-01 2022-11-30 08767794 core:WithinOneYear 2022-11-30 08767794 core:AfterOneYear 2022-11-30 08767794 core:ShareCapital 2022-11-30 08767794 core:RetainedEarningsAccumulatedLosses 2022-11-30 08767794 2022-12-01 2023-11-30 08767794 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 08767794 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 08767794 bus:Director40 2022-12-01 2023-11-30 08767794 1 2022-12-01 2023-11-30 08767794 2 2022-12-01 2023-11-30 08767794 core:PlantMachinery 2022-12-01 2023-11-30 08767794 core:Vehicles 2022-12-01 2023-11-30 08767794 countries:England 2022-12-01 2023-11-30 08767794 bus:FRS102 2022-12-01 2023-11-30 08767794 bus:FilletedAccounts 2022-12-01 2023-11-30 08767794 2023-11-30 08767794 core:WithinOneYear 2023-11-30 08767794 core:AfterOneYear 2023-11-30 08767794 core:ShareCapital 2023-11-30 08767794 core:RetainedEarningsAccumulatedLosses 2023-11-30 08767794 core:PlantMachinery 2023-11-30 08767794 core:Vehicles 2023-11-30 08767794 2022-11-30 08767794 core:PlantMachinery 2022-11-30 08767794 core:Vehicles 2022-11-30 iso4217:GBP xbrli:pure