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Company registration number: 12950314
Menai Innovations Ltd
Micro Accounts
31 October 2024
Menai Innovations Ltd
Contents
Directors and other information
Accountants report
Statement of financial position
Menai Innovations Ltd
Directors and other information
Director Dr Ian Barwick
Company number 12950314
Registered office Bangor Business Centre
2 Farrar Road
Bangor
Gwynedd
LL57 1LJ
Accountants Parker O'Regan Tann & Co
Bangor Business Centre
2 Farrar Road
Bangor
Gwynedd
LL57 1LJ
Menai Innovations Ltd
Chartered Certified accountants report to the director on the preparation of the
unaudited statutory financial statements of Menai Innovations Ltd
Year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Menai Innovations Ltd for the year ended 31 October 2024 as set out on pages 3 to 3 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com.
This report is made solely to the director of Menai Innovations Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Menai Innovations Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Menai Innovations Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Menai Innovations Ltd 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 profit of Menai Innovations Ltd. You consider that Menai Innovations Ltd 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 Menai Innovations Ltd. 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.
Parker O'Regan Tann & Co
Chartered Certified Accountants
Bangor Business Centre
2 Farrar Road
Bangor
Gwynedd
LL57 1LJ
19 May 2025
Menai Innovations Ltd
Statement of financial position
31 October 2024
2024 2023
£ £
Current assets 188 384
Creditors: amounts falling due within one year ( 45) ( 813)
_______ _______
Net current assets/(liabilities) 143 ( 429)
_______ _______
Total assets less current liabilities 143 ( 429)
Accruals and deferred income ( 480) ( 661)
_______ _______
Net liabilities ( 337) ( 1,090)
_______ _______
Capital and reserves ( 337) ( 1,090)
_______ _______
Menai Innovations Ltd
Year ended 31 October 2024
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 19 May 2025 , and are signed on behalf of the board by:
Dr Ian Barwick
Director
Company registration number: 12950314
The company is a private company limited by shares, registered in England and Wales.