1 January 2024 false No description of principal activity Taxfiler 2024.6 13180154business:PrivateLimitedCompanyLtd2024-01-012024-12-31 131801542023-12-31 131801542024-01-012024-12-31 13180154business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 13180154business:FilletedAccounts2024-01-012024-12-31 131801542024-12-31 13180154business:Director12024-01-012024-12-31 13180154business:Director22024-01-012024-12-31 13180154business:RegisteredOffice2024-01-012024-12-31 131801542023-12-31 13180154core:WithinOneYear2024-12-31 13180154core:WithinOneYear2023-12-31 13180154core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 13180154core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 13180154core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 13180154core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 13180154core:PreviouslyStatedAmount2024-12-31 13180154core:PreviouslyStatedAmount2023-12-31 13180154business:SmallEntities2024-01-012024-12-31 13180154countries:EnglandWales2024-01-012024-12-31 13180154core:AfterOneYear2024-12-31 13180154core:AfterOneYear2023-12-31 131801542022-10-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 13180154 (England and Wales)
Our MEP Co. Ltd Unaudited accounts for the year ended 31 December 2024
Our MEP Co. Ltd Unaudited accounts Contents
Page
- 2 -
Our MEP Co. Ltd Company Information for the year ended 31 December 2024
Directors
M Walden L Pickering
Company Number
13180154 (England and Wales)
Registered Office
Sixty7 Steel House 4300 Parkway Fareham PO15 7FP United Kingdom
- 3 -
Our MEP Co. Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
- 
86 
Current assets
Inventories
27,829 
3,305 
Debtors
853,874 
291,973 
Cash at bank and in hand
966,455 
760,747 
1,848,158 
1,056,025 
Creditors: amounts falling due within one year
(1,719,052)
(980,460)
Net current assets
129,106 
75,565 
Net assets
129,106 
75,651 
Capital and reserves
Called up share capital
86 
86 
Profit and loss account
129,020 
75,565 
Shareholders' funds
129,106 
75,651 
For the year ending 31 December 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 February 2025 and were signed on its behalf by
M Walden Director Company Registration No. 13180154
- 4 -
Our MEP Co. Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Our MEP Co. Ltd is a private company, limited by shares, registered in England and Wales, registration number 13180154. The registered office is Sixty7 Steel House, 4300 Parkway, Fareham, PO15 7FP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
39,696 
- 
Trade debtors
753,903 
231,698 
793,599 
231,698 
Amounts falling due after more than one year
Other debtors
60,275 
60,275 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
51,756 
Trade creditors
451,690 
225,249 
Taxes and social security
67,465 
29,282 
Other creditors
833 
- 
Loans from directors
193,738 
164,965 
Accruals
1,005,326 
509,208 
1,719,052 
980,460 
6
Contingent liabilities
The company has a total of £43,884.54 (£50,179.19 - 2023) of retentions due to pay to sub contractors for work completed as at 31 December 2024. In addition to this, the company has a total of £87,077.94 (£83,281.00 - 2023) of retentions due to be paid for work completed as at 31 December 2024. They are not included in the accounts at this stage, as they are not guaranteed to be paid/due to be paid yet.
- 5 -
Our MEP Co. Ltd Notes to the Accounts for the year ended 31 December 2024
7
Average number of employees
During the year the average number of employees was 8 (2023: 7).
- 6 -