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Company Registration No. 11798108 (England and Wales)
Memo South Woodford Limited Unaudited accounts for the year ended 31 January 2026
Memo South Woodford Limited Unaudited accounts Contents
Page
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Memo South Woodford Limited Company Information for the year ended 31 January 2026
Directors
Ali Ihsan Kaya Mehmet Sait Dilek Mehmet Demir
Company Number
11798108 (England and Wales)
Registered Office
146-150 George Lane South Woodford London E18 1AY UNITED KINGDOM
Accountants
Abacus Financial Accountants 12 Douglas Road Goodmayes London IG3 8UX
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Memo South Woodford Limited Statement of financial position as at 31 January 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
173,325 
75,754 
Current assets
Inventories
238,281 
242,700 
Debtors
295,923 
326,792 
Cash at bank and in hand
150,349 
360,332 
684,553 
929,824 
Creditors: amounts falling due within one year
(309,270)
(655,426)
Net current assets
375,283 
274,398 
Total assets less current liabilities
548,608 
350,152 
Creditors: amounts falling due after more than one year
(100,000)
(22,209)
Net assets
448,608 
327,943 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
448,508 
327,843 
Shareholders' funds
448,608 
327,943 
For the year ending 31 January 2026 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 directors acknowledge their 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 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 of Directors and authorised for issue on 31 March 2026 and were signed on its behalf by
Mehmet Demir Director Company Registration No. 11798108
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Memo South Woodford Limited Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
Memo South Woodford Limited is a private company, limited by shares, registered in England and Wales, registration number 11798108. The registered office is 146-150 George Lane, South Woodford, London, E18 1AY, UNITED KINGDOM.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
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
over 5 years
Motor vehicles
over 10 years
Fixtures & fittings
over 5 years
Computer equipment
over 5 years
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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. The purchased goodwill has been fully amortised.
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Memo South Woodford Limited Notes to the Accounts for the year ended 31 January 2026
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2025
354,407 
At 31 January 2026
354,407 
Amortisation
At 1 February 2025
354,407 
At 31 January 2026
354,407 
Net book value
At 31 January 2026
- 
Goodwill is being written off in equal annual installments over its estimated economic life of 5 years.
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2025
- 
362,933 
31,053 
393,986 
Additions
95,000 
- 
54,320 
149,320 
At 31 January 2026
95,000 
362,933 
85,373 
543,306 
Depreciation
At 1 February 2025
- 
292,060 
26,172 
318,232 
Charge for the year
9,500 
36,275 
5,974 
51,749 
At 31 January 2026
9,500 
328,335 
32,146 
369,981 
Net book value
At 31 January 2026
85,500 
34,598 
53,227 
173,325 
At 31 January 2025
- 
70,873 
4,881 
75,754 
6
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
VAT
28,769 
32,051 
Trade debtors
60,154 
12,741 
88,923 
44,792 
Amounts falling due after more than one year
Other debtors
207,000 
282,000 
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Memo South Woodford Limited Notes to the Accounts for the year ended 31 January 2026
7
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Trade creditors
146,983 
406,288 
Taxes and social security
89,142 
95,993 
Proposed dividends
- 
20,000 
Loans from directors
73,145 
133,145 
309,270 
655,426 
8
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
100,000 
22,209 
9
Share capital
2026 
2025 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the year the average number of employees was 16 (2025: 13).
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