2023-04-01 SC720204 2024-03-31 SC720204 2023-04-01 2024-03-31 SC720204 2023-03-31 SC720204 2022-04-01 2023-03-31 SC720204 uk-core:WithinOneYear 2023-03-31 SC720204 uk-core:WithinOneYear 2024-03-31 SC720204 uk-core:ShareCapital 2024-03-31 SC720204 uk-core:ShareCapital 2023-03-31 SC720204 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC720204 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 SC720204 uk-bus:Director1 2023-04-01 2024-03-31 SC720204 uk-core:PlantMachinery 2023-04-01 2024-03-31 SC720204 uk-core:FurnitureFittings 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure SC720204 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 SC720204 uk-bus:FRS102 2023-04-01 2024-03-31 SC720204 uk-bus:FullAccounts 2023-04-01 2024-03-31 SC720204 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Mex 2 U Limited
Registered Number:SC720204
For the year ended 31 March 2024
Scotland
Unaudited Financial Statements
2
For the year ended 31 March 2024
Mex 2 U Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC720204
As at 31 March 2024
Mex 2 U Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
15,404
16,064
15,404
16,064
Current assets
Inventories
900
1,025
2
Trade and other receivables
64,113
64,891
3
43,169
Cash and cash equivalents
102,060
167,976
108,182
Trade and other payables: amounts falling due within one year
(104,313)
(167,485)
4
3,869
491
Net current assets
Total assets less current liabilities
15,895
19,933
(3,052)
(3,052)
Provisions for liabilities
12,843
Net assets
16,881
Capital and reserves
Called up share capital
100
100
Retained earnings
12,743
16,781
12,843
16,881
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Gavin Wise Director
These financial statements were approved and authorised for issue by the Board on 26 March 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2024
Mex 2 U Limited
Notes to the Financial Statements
Statutory Information
Mex 2 U Limited is a private limited company, limited by shares, domiciled in Scotland, registration number SC720204.
Registered address:
16 Commercial Street
Dundee
DD1 3EJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant & Machinery
20% Straight line
20% Straight line
Fixtures & Fittings
2. Inventories
2023
2024
£
£
Stocks
1,025
900
3. Trade and other receivables
2023
2024
£
£
Other debtors
64,891
64,113
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
35,765
31,236
Taxation and social security
129,217
66,293
Other creditors
2,503
6,784
167,485
104,313
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5
For the year ended 31 March 2024
Mex 2 U Limited
Notes to the Financial Statements Continued
5. Average number of persons employed
During the year the average number of employees was 13 (2023 : 13)
3 of 3