Company Registration No. 10980427 (England and Wales)
Megs Decorating Limited
Unaudited accounts
for the year ended 30 September 2024
Megs Decorating Limited
Unaudited accounts
Contents
Megs Decorating Limited
Company Information
for the year ended 30 September 2024
Director
Mr Miroslav Mateev
Secretary
Mrs Gergana Georgieva
Company Number
10980427 (England and Wales)
Registered Office
13 Ewell House
West Street
Ewell, Epsom
KT17 1NU
Accountants
Emeralds BS Ltd
Diamond House
179-181 Lower Richmond Road
Richmond
London
TW9 4LN
Megs Decorating Limited
Statement of financial position
as at 30 September 2024
Tangible assets
11,367
12,118
Cash at bank and in hand
13,983
41,314
Creditors: amounts falling due within one year
(72,425)
(59,997)
Net current assets
4,757
14,735
Total assets less current liabilities
16,124
26,853
Creditors: amounts falling due after more than one year
(8,333)
(13,333)
Called up share capital
100
100
Profit and loss account
7,691
13,420
Shareholders' funds
7,791
13,520
For the year ending 30 September 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 director acknowledges his 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 the year in accordance with Section 444(2A).
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 and authorised for issue on 23 May 2025 and were signed on its behalf by
Mr Miroslav Mateev
Director
Company Registration No. 10980427
Megs Decorating Limited
Notes to the Accounts
for the year ended 30 September 2024
Megs Decorating Limited is a private company, limited by shares, registered in England and Wales, registration number 10980427. The registered office is 13 Ewell House, West Street, Ewell, Epsom, KT17 1NU.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Computer equipment
33% on reducing balance
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Tangible fixed assets
Total
At 30 September 2024
25,892
At 30 September 2024
14,525
At 30 September 2024
11,367
At 30 September 2023
12,118
The controlling party is Mr Miroslav Mateev.
By virtue of being the sole director of the company and controls 100% of the ordinary share capital of the company.
Megs Decorating Limited
Notes to the Accounts
for the year ended 30 September 2024
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Average number of employees
During the year the average number of employees was 1 (2023: 1).