MEA Consulting Limited
Registered number: 03671628
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 8,326 7,091
Current assets
Debtors 4 180 21,595
Cash at bank and in hand 64,275 85,199
64,455 106,794
Creditors: amounts falling due within one year 5 (9,886) (28,355)
Net current assets 54,569 78,439
Net assets 62,895 85,530
Capital and reserves
Called up share capital 4 2
Profit and loss account 62,891 85,528
Shareholders' funds 62,895 85,530
The director is 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 director acknowledges her 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.
Margaret Allen
Director
Approved by the board on 31 May 2024
MEA Consulting Limited
Notes to the Accounts
for the year ended 31 December 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 over its expected useful life, as follows:
Plant and machinery over 4 years
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 3
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2023 16,660
Additions 2,322
At 31 December 2023 18,982
Depreciation
At 1 January 2023 9,569
Charge for the year 1,087
At 31 December 2023 10,656
Net book value
At 31 December 2023 8,326
At 31 December 2022 7,091
4 Debtors 2023 2022
£ £
Trade debtors 180 1,627
Other debtors - 19,968
180 21,595
5 Creditors: amounts falling due within one year 2023 2022
£ £
Corporation tax 4,810 15,141
Other taxes and social security costs 4,824 13,214
Other creditors 252 -
9,886 28,355
6 Other information
MEA Consulting Limited is a private company limited by shares and incorporated in England. Its registered office is:
77 Chapel Street
Billericay
Essex
CM12 9LR
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