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Registered Number: 09066901
England and Wales
MENCHEV LTD
Abridged Accounts
Period of accounts Start date: 01 April 2024 End date: 31 March 2025

MENCHEV LTD Statement of Financial Position As at 31 March 2025
| Notes | 2025 £ |  | 2024 £
--- | --- | --- | --- | ---
Fixed assets |  |  |
Tangible fixed assets | 3 | 1,836 |  | 451
|  | 1,836 |  | 451
Current assets |  |  |
Debtors |  | 6,388 |  | 5,822
Cash at bank and in hand |  | 5,698 |  | 15,519
|  | 12,086 |  | 21,341
Creditors: amount falling due within one year |  | (2,059) |  | (1,407)
Net current assets |  | 10,027 |  | 19,934
Total assets less current liabilities |  | 11,863 |  | 20,385
Net assets |  | 11,863 |  | 20,385
Capital and reserves |  |  |
Called up share capital |  | 100 |  | 100
Profit and loss account |  | 11,763 |  | 20,285
Shareholders' funds |  | 11,863 |  | 20,385
For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors' 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. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies. The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A). The financial statements were approved by the board of directors on 09 October 2025 and were signed on its behalf by:
------------------------------- Ivaylo Menchev Director | ------------------------------- Dilyana Mencheva Director
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MENCHEV LTD Notes to the Abridged Financial Statements For the year ended 31 March 2025
General Information MENCHEV LTD is a private company, limited by shares, registered in England and Wales, registration number 09066901, registration address 8 Quarles Park Road , ROMFORD, RM6 4DE. The presentation currency is £ sterling.
1. | Accounting policies Significant accounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Basis of preparation The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies. The financial statements are prepared in sterling which is the functional currency of the company. Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Tangible fixed assets Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Equipment | 4 years Straight Line
2. | Average number of employees Average number of employees during the year was 3 (2024 : 3).
3. | Tangible fixed assets
Cost or valuation | Equipment |  | Total
| £ |  | £
At 01 April 2024 | 494 |  | 494
Additions | 1,663 |  | 1,663
Disposals | - |  | -
At 31 March 2025 | 2,157 |  | 2,157
Depreciation
At 01 April 2024 | 43 |  | 43
Charge for year | 278 |  | 278
On disposals | - |  | -
At 31 March 2025 | 321 |  | 321
Net book values
Closing balance as at 31 March 2025 | 1,836 |  | 1,836
Opening balance as at 01 April 2024 | 451 |  | 451
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