ME & ALAN LIMITED

Company Registration Number:
06925951 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

ME & ALAN LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

ME & ALAN LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 8,000 9,000
Tangible assets: 4 3,526 1,986
Investments:   0 0
Total fixed assets: 11,526 10,986
Current assets
Stocks: 538 735
Debtors:   2,990 2,482
Cash at bank and in hand: 3,202 4,409
Investments:   0 0
Total current assets: 6,730 7,626
Creditors: amounts falling due within one year:   (16,525) (13,548)
Net current assets (liabilities): (9,795) (5,922)
Total assets less current liabilities: 1,731 5,064
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 1,731 5,064
Capital and reserves
Called up share capital: 1,000 1,000
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 731 4,064
Shareholders funds: 1,731 5,064

The notes form part of these financial statements

ME & ALAN LIMITED

Balance sheet statements

For the year ending 31 May 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 November 2024
and signed on behalf of the board by:

Name: Mark Flaherty
Status: Director

The notes form part of these financial statements

ME & ALAN LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Fittings fixtures and equipment - 15% straight line If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Intangible fixed assets and amortisation policy

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows: Goodwill - Over 30 years If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

ME & ALAN LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

ME & ALAN LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Intangible Assets

Total
Cost £
At 01 June 2023 30,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 May 2024 30,000
Amortisation
At 01 June 2023 21,000
Charge for year 1,000
On disposals 0
Other adjustments 0
At 31 May 2024 22,000
Net book value
At 31 May 2024 8,000
At 31 May 2023 9,000

ME & ALAN LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible Assets

Total
Cost £
At 01 June 2023 16,804
Additions 2,552
Disposals 0
Revaluations 0
Transfers 0
At 31 May 2024 19,356
Depreciation
At 01 June 2023 14,818
Charge for year 1,012
On disposals 0
Other adjustments 0
At 31 May 2024 15,830
Net book value
At 31 May 2024 3,526
At 31 May 2023 1,986