Meckay Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 06454698

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		20,178		28,863
Investments	5		1,208,639		1,208,639

			1,228,817		1,237,502
CURRENT ASSETS
Stocks	6	112,826		136,685
Debtors	7	371,976		330,584
Cash at bank and in hand		598,930		434,690

		1,083,732		901,959
Creditors: Amounts Falling Due Within One Year	8	(1,434,405 )		(1,336,796 )

NET CURRENT ASSETS (LIABILITIES)			(350,673 )		(434,837 )

TOTAL ASSETS LESS CURRENT LIABILITIES			878,144		802,665

NET ASSETS			878,144		802,665

CAPITAL AND RESERVES
Called up share capital	9		60		60
Profit and Loss Account			878,084		802,605

SHAREHOLDERS' FUNDS			878,144		802,665

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Meckay Limited

Balance Sheet (continued)

As At 31 December 2024

For the 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.

The member has 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Michael Tweneboah-Koduah

Director

26/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Meckay Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06454698 . The registered office is Oakhurst, St. Pauls Wood Hill, Orpington, BR5 2SR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25%
Motor Vehicles	25%
Fixtures & Fittings	25%
Computer Equipment	25%

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

15Average number of employees, including directors, during the year was: 15 (2023: 15)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2024	493	2,736	33,470	1,785	38,484
Additions	-	-	1,250	-	1,250

As at 31 December 2024	493	2,736	34,720	1,785	39,734

Depreciation
As at 1 January 2024	123	684	8,368	446	9,621
Provided during the period	124	684	8,680	447	9,935

As at 31 December 2024	247	1,368	17,048	893	19,556

...CONTINUED

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Meckay Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	246	1,368	17,672	892	20,178

As at 1 January 2024	370	2,052	25,102	1,339	28,863

5. Investments

	Listed
	£
Cost or Valuation
As at 1 January 2024	1,208,639

As at 31 December 2024	1,208,639

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	1,208,639

As at 1 January 2024	1,208,639

6. Stocks

	2024	2023
	£	£
Stock	112,826	136,685

7. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	360,147	258,914
Prepayments and accrued income	9,447	55,377
Other debtors	-	15,102
Other taxes and social security	2,382	1,191

	371,976	330,584

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	662,525	554,036
Bank loans and overdrafts	653,729	760,975
Other creditors	80,690	8,670
Accruals and deferred income	37,461	13,115

	1,434,405	1,336,796

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	60	60

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