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REGISTERED NUMBER: 08716195 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

ME-UK LTD

ME-UK LTD (REGISTERED NUMBER: 08716195)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ME-UK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: M S Davies





REGISTERED OFFICE: 1&2 Mercia Business Village
Torwood Close
Westwood Business Park
Coventry
West Midlands
CV4 8HX





REGISTERED NUMBER: 08716195 (England and Wales)





ACCOUNTANTS: Armstrongs
Chartered Accountants and Tax Advisers
1 & 2 Mercia Village
Torwood Close
Westwood Business Park
Coventry
West Midlands
CV4 8HX

ME-UK LTD (REGISTERED NUMBER: 08716195)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,572 29,469

CURRENT ASSETS
Stocks 19,000 18,000
Debtors 5 473,897 118,788
Cash at bank 118,568 81,922
611,465 218,710
CREDITORS
Amounts falling due within one year 6 555,514 162,223
NET CURRENT ASSETS 55,951 56,487
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,523

85,956

CREDITORS
Amounts falling due after more than one year 7 (18,272 ) (31,418 )

PROVISIONS FOR LIABILITIES 8 (4,479 ) (5,599 )
NET ASSETS 56,772 48,939

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 56,572 48,739
56,772 48,939

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

ME-UK LTD (REGISTERED NUMBER: 08716195)

BALANCE SHEET - continued
31 OCTOBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 July 2025 and were signed by:





M S Davies - Director


ME-UK LTD (REGISTERED NUMBER: 08716195)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Me-Uk Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
When the outcome of a transaction can be estimated reliably, turnover from electrical installations is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the amount of electrical components installed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance

Work-in-progress
Work-in-progress is stated at the lower of cost and estimated selling value less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred to bring work-in-progress to its present net realisable value.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


ME-UK LTD (REGISTERED NUMBER: 08716195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 November 2023
and 31 October 2024 856 54,167 55,023
DEPRECIATION
At 1 November 2023 798 24,756 25,554
Charge for year 15 5,882 5,897
At 31 October 2024 813 30,638 31,451
NET BOOK VALUE
At 31 October 2024 43 23,529 23,572
At 31 October 2023 58 29,411 29,469

ME-UK LTD (REGISTERED NUMBER: 08716195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 November 2023
and 31 October 2024 26,869
DEPRECIATION
At 1 November 2023 9,673
Charge for year 3,439
At 31 October 2024 13,112
NET BOOK VALUE
At 31 October 2024 13,757
At 31 October 2023 17,196

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 426,727 117,459
Other debtors 14,639 629
VAT 30,337 -
Prepayments 2,194 700
473,897 118,788

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 3,144 3,144
Trade creditors 289,983 40,815
Corporation tax 2,958 1,307
Social security and other taxes 5,469 3,019
Wages control 4,735 -
Pension Control 253 245
VAT - 4,294
Other creditors 1,200 1,432
Directors' current accounts 90,316 95,967
Deferred income 145,356 -
Accrued expenses 2,100 2,000
555,514 162,223

ME-UK LTD (REGISTERED NUMBER: 08716195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 6,666 10,000
Bank loans - 2-5 years - 6,667
Hire purchase contracts 11,606 14,751
18,272 31,418

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 4,479 5,599

Deferred
tax
£   
Balance at 1 November 2023 5,599
Accelerated capital allowances (1,120 )
Balance at 31 October 2024 4,479