Registration number: 12176513

ME Lifestyle Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

ME Lifestyle Limited

(Registration number: 12176513)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	47,714	75,703
Other financial assets	5	100,000	100,000
		147,714	175,703
Current assets
Debtors	6	631,491	593,105
Cash at bank and in hand		4,826	7,366
		636,317	600,471
Creditors: Amounts falling due within one year	7	(99,790)	(160,500)
Net current assets		536,527	439,971
Total assets less current liabilities		684,241	615,674
Creditors: Amounts falling due after more than one year	7	(44,160)	(57,079)
Net assets		640,081	558,595
Capital and reserves
Called up share capital		100	100
Retained earnings		639,981	558,495
Shareholders' funds		640,081	558,595

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 17 September 2025
 

ME Lifestyle Limited

(Registration number: 12176513)
Balance Sheet as at 31 December 2024

......................................... Ms M E Burge Director

ME Lifestyle Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales, returns and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

ME Lifestyle Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer equipment	25% Straight Line
Furniture and fittings	20% Straight Line

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

ME Lifestyle Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2024	28,734	88,995	117,729
Additions	451	-	451
At 31 December 2024	29,185	88,995	118,180
Depreciation
At 1 January 2024	19,777	22,249	42,026
Charge for the year	6,191	22,249	28,440
At 31 December 2024	25,968	44,498	70,466
Carrying amount
At 31 December 2024	3,217	44,497	47,714
At 31 December 2023	8,957	66,746	75,703

5	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss £	Total £
Non-current financial assets
Cost or valuation
FA investment - listed other shares bfwd	100,000	100,000
At 31 December 2024	100,000	100,000
Impairment
Carrying amount
At 31 December 2024	100,000	100,000

ME Lifestyle Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6

Debtors

	Note	2024 £	2023 £
Amounts owed by group undertakings		599,470	565,315
Prepayments		26,146	-
Other debtors		5,875	27,790
		631,491	593,105

ME Lifestyle Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	8	12,920	12,920
Trade creditors		1,248	207
Amounts owed to group undertakings		-	21,120
Taxation and social security		52,648	126,035
Accruals and deferred income		-	218
Other creditors		32,974	-
		99,790	160,500