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REGISTERED NUMBER: 08803692 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

M.E.E LIMITED

M.E.E LIMITED (Registered number: 08803692)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


M.E.E LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Jamal Awn Jamal Bessasso





REGISTERED OFFICE: 7th Floor
1 Sussex Place
Hammersmith
London
W6 9EA





REGISTERED NUMBER: 08803692 (England and Wales)





ACCOUNTANTS: Merali's Chartered Accountants
Scottish Provident House
76-80 College Road
Harrow
Middlesex
HA1 1BQ

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
M.E.E LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of M.E.E LIMITED for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of M.E.E LIMITED in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M.E.E LIMITED and state those matters that we have agreed to state to the director of M.E.E LIMITED in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M.E.E LIMITED and its director for our work or for this report.

It is your duty to ensure that M.E.E LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of M.E.E LIMITED. You consider that M.E.E LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of M.E.E LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Merali's Chartered Accountants
Scottish Provident House
76-80 College Road
Harrow
Middlesex
HA1 1BQ


9 September 2024

M.E.E LIMITED (Registered number: 08803692)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 15,192 21,230
15,192 21,230

CURRENT ASSETS
Debtors 6 121,991 101,379
Cash at bank and in hand 102,923 186,226
224,914 287,605
CREDITORS
Amounts falling due within one year 7 (137,514 ) (156,252 )
NET CURRENT ASSETS 87,400 131,353
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,592

152,583

PROVISIONS FOR LIABILITIES 8 (2,887 ) (4,034 )
NET ASSETS 99,705 148,549

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 99,605 148,449
SHAREHOLDERS' FUNDS 99,705 148,549

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 September 2024 and were signed by:





Jamal Awn Jamal Bessasso - Director


M.E.E LIMITED (Registered number: 08803692)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

M.E.E LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced value of services, excluding value added tax.

Revenue is recognised as and when services are provided. In respect of service contracts, revenue is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Straight line over 5 years
Website development costs - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 16 ) .

M.E.E LIMITED (Registered number: 08803692)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 January 2023
and 31 December 2023 6,435
AMORTISATION
At 1 January 2023
and 31 December 2023 6,435
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Website Fixtures
Short development and Computer
leasehold costs fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 7,179 134,757 101,200 173,080 416,216
Additions - - 3,810 - 3,810
At 31 December 2023 7,179 134,757 105,010 173,080 420,026
DEPRECIATION
At 1 January 2023 7,179 134,757 95,310 157,740 394,986
Charge for year - - 2,018 7,830 9,848
At 31 December 2023 7,179 134,757 97,328 165,570 404,834
NET BOOK VALUE
At 31 December 2023 - - 7,682 7,510 15,192
At 31 December 2022 - - 5,890 15,340 21,230

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Rent deposit 40,429 40,429
Directors' current accounts 46,173 54,291
VAT 34,114 -
Prepayments 1,275 6,659
121,991 101,379

M.E.E LIMITED (Registered number: 08803692)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans 78,500 -
Trade creditors 22,345 71,891
Social security and other taxes 23,170 -
VAT - 69,685
Net Wages (1,540 ) (4,000 )
Pension 9,139 2,783
Accrued expenses 5,900 15,893
137,514 156,252

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 2,887 4,034

Deferred
tax
£   
Balance at 1 January 2023 4,034
Provided during year (1,147 )
Balance at 31 December 2023 2,887

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

10. RELATED PARTY DISCLOSURES

Debtors also includes amount of £46,173 (2022: ££54,291) receivable from the director. This represents an interest bearing loan of £65,000 given to the director in 2019. During the year, Director repayments made of £9,100 and interest of £982. Interest has been charged in accordance with the HMRC official rate.