IRIS Accounts Production v24.2.0.383 04355806 director 1.1.23 31.12.23 31.12.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh043558062022-12-31043558062023-12-31043558062023-01-012023-12-31043558062021-12-31043558062022-01-012022-12-31043558062022-12-3104355806ns15:EnglandWales2023-01-012023-12-3104355806ns14:Euro2023-01-012023-12-3104355806ns10:Director12023-01-012023-12-3104355806ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3104355806ns10:SmallEntities2023-01-012023-12-3104355806ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3104355806ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3104355806ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3104355806ns10:FullAccounts2023-01-012023-12-3104355806ns10:RegisteredOffice2023-01-012023-12-3104355806ns5:CurrentFinancialInstruments2023-12-3104355806ns5:CurrentFinancialInstruments2022-12-3104355806ns5:ShareCapital2023-12-3104355806ns5:ShareCapital2022-12-3104355806ns5:RetainedEarningsAccumulatedLosses2023-12-3104355806ns5:RetainedEarningsAccumulatedLosses2022-12-3104355806ns5:CostValuation2022-12-3104355806ns5:CostValuation2023-12-3104355806ns5:DisposalsRepaymentsInvestments2023-12-3104355806ns5:CurrentFinancialInstruments2023-01-012023-12-31
REGISTERED NUMBER: 04355806 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

MEBO HOLDING LIMITED

MEBO HOLDING LIMITED (REGISTERED NUMBER: 04355806)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


MEBO HOLDING LIMITED

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: A Aimar





REGISTERED OFFICE: 111 Park Street, Mayfair
London
W1K 7JF





REGISTERED NUMBER: 04355806 (England and Wales)





ACCOUNTANTS: A.C.T. London Limited
27 Hill Street
Mayfair, London
W1J 5LP

MEBO HOLDING LIMITED (REGISTERED NUMBER: 04355806)

Statement of Financial Position
31 DECEMBER 2023

31.12.23 31.12.22
Notes
FIXED ASSETS
Investments 4 1,343,402 1,353,402

CURRENT ASSETS
Debtors 5 25,476 26,242
Cash at bank 1,529 253
27,005 26,495
CREDITORS
Amounts falling due within one year 6 (1,721,288 ) (1,736,711 )
NET CURRENT LIABILITIES (1,694,283 ) (1,710,216 )
TOTAL ASSETS LESS CURRENT LIABILITIES (350,881 ) (356,814 )

CAPITAL AND RESERVES
Called up share capital 15,309 15,309
Retained earnings (366,190 ) (372,123 )
(350,881 ) (356,814 )

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 24 September 2024 and were signed by:





A Aimar - Director


MEBO HOLDING LIMITED (REGISTERED NUMBER: 04355806)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Mebo Holding 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.

2. ACCOUNTING POLICIES

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

Investments in subsidiaries and associates
Investments in subsidiary and associate undertakings are recognised at 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into euro at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies and sterlings are translated into euro at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern
The accounts have been prepared on the going concern basis. At the balance sheet date the company has net liabilities of €350,881 (2022: €356,814). The director is of the opinion that the shareholder of the company will continue to support it, and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of financial statements.

3. EMPLOYEES AND DIRECTORS

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

MEBO HOLDING LIMITED (REGISTERED NUMBER: 04355806)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. FIXED ASSET INVESTMENTS

31.12.23 31.12.22
Shares in group undertakings 450,000 450,000
Loans to group undertakings 20 20
Participating interests 883,382 883,382
Loans to undertakings in which the company has a
participating interest

10,000

20,000
1,343,402 1,353,402

Additional information is as follows:
Shares in
group Interest in
undertakings associate Totals
COST
At 1 January 2023
and 31 December 2023 450,000 883,382 1,333,382
NET BOOK VALUE
At 31 December 2023 450,000 883,382 1,333,382
At 31 December 2022 450,000 883,382 1,333,382
Loans to
group Loans to
undertakings associates Totals
At 1 January 2023 20 20,000 20,020
Repayment in year - (10,000 ) (10,000 )
At 31 December 2023 20 10,000 10,020

The company has investments in the following subsidiary and associated undertakings:

Name Country of incorporation Holding Principal activities

Sogeal SPA Italy 50% Hospitality
Bumpkin Investments Ltd United Kingdom 50% Investment holding
OX ME SRL Italy 50% Rental properties
47 Parking SRL Italy 20% car parking rental

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
Amounts owed by associates 25,476 26,242

MEBO HOLDING LIMITED (REGISTERED NUMBER: 04355806)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
Amounts owed to group undertakings 34,000 34,000
Amounts owed to associates 13,500 40,700
Shareholders loan account 1,659,388 1,643,388
Accruals and deferred income 14,400 18,623
1,721,288 1,736,711

Shareholders will continue their support to the extent company continues to manage its going concern status. The Shareholders loan bears no interest and is repayable on demand.

7. RELATED PARTY DISCLOSURES

No transactions with related parties were undertaken such as are required to be disclosed under FRS 102 1A other than those disclosed in notes 4,5 & 6 of the financial statements.