Company Registration No. 11798042 (England and Wales)
Memo Cash and Carry Limited
Unaudited accounts
for the year ended 31 January 2026
Memo Cash and Carry Limited
Unaudited accounts
Contents
Memo Cash and Carry Limited
Company Information
for the year ended 31 January 2026
Directors
Mehmet Demir
Ali Ihsan Kaya
Mehmet Sait Dilek
Company Number
11798042 (England and Wales)
Registered Office
3 Argall Avenue
Leyton
London
E10 7QE
UNITED KINGDOM
Accountants
Abacus Financial Accountants
12 Douglas Road
Goodmayes
London
IG3 8UX
Memo Cash and Carry Limited
Accountants' report
Accountants' report to the board of directors of Memo Cash and Carry Limited on the preparation of the unaudited statutory accounts for the year ended 31 January 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Memo Cash and Carry Limited for the year ended
31 January 2026 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Memo Cash and Carry Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Memo Cash and Carry Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Memo Cash and Carry Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Memo Cash and Carry Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Memo Cash and Carry Limited. You consider that Memo Cash and Carry Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Memo Cash and Carry Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Abacus Financial Accountants
12 Douglas Road
Goodmayes
London
IG3 8UX
1 April 2026
Memo Cash and Carry Limited
Statement of financial position
as at 31 January 2026
Tangible assets
205,048
114,970
Inventories
2,508,907
2,317,696
Cash at bank and in hand
-
68,020
Creditors: amounts falling due within one year
(2,200,152)
(2,837,448)
Net current assets
1,336,002
312,858
Total assets less current liabilities
1,541,050
427,828
Creditors: amounts falling due after more than one year
(975,000)
(42,541)
Net assets
566,050
385,287
Called up share capital
100
100
Profit and loss account
565,950
385,187
Shareholders' funds
566,050
385,287
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 1 April 2026 and were signed on its behalf by
Mehmet Demir
Director
Company Registration No. 11798042
Memo Cash and Carry Limited
Notes to the Accounts
for the year ended 31 January 2026
Memo Cash and Carry Limited is a private company, limited by shares, registered in England and Wales, registration number 11798042. The registered office is 3 Argall Avenue, Leyton, London, E10 7QE, 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.
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.
The accounts have been prepared under the historical cost convention.
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 5 years
Fixtures & fittings
Over 5 years
Computer equipment
Over 5 years
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Memo Cash and Carry Limited
Notes to the Accounts
for the year ended 31 January 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2025
34,911
86,365
128,706
249,982
Additions
143,356
-
-
143,356
At 31 January 2026
178,267
86,365
128,706
393,338
At 1 February 2025
20,946
61,306
52,760
135,012
Charge for the year
24,017
14,574
14,687
53,278
At 31 January 2026
44,963
75,880
67,447
188,290
At 31 January 2026
133,304
10,485
61,259
205,048
At 31 January 2025
13,965
25,059
75,946
114,970
Finished goods
2,508,907
2,317,696
Closing stock increased significantly during the financial period. This movement represents a deliberate, strategic acceleration of inventory procurement designed to mitigate anticipated supply chain constraints and potential stock acquisition difficulties in the market.
Additional buffer stock was intentionally purchased and is held securely within the Company’s warehouse facilities. This operational safety stock ensures the Company preserves its capacity to seamlessly satisfy ongoing and projected customer demand without business interruption.
Stocks are valued at the lower of cost and net realisable value.
Amounts falling due within one year
Trade debtors
1,027,247
764,590
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
12,229
-
Trade creditors
1,537,074
1,820,640
Taxes and social security
50,034
71,113
Loans from directors
555,912
914,444
Memo Cash and Carry Limited
Notes to the Accounts
for the year ended 31 January 2026
8
Creditors: amounts falling due after more than one year
2026
2025
Other creditors
975,000
42,541
The company has secured working capital financing during the year to support inventory procurement and operational requirements.
The balance includes unsecured, interest-free loans from associated undertakings which are not repayable within 12 months of the balance sheet date.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Transactions with related parties
During the financial year, the Company received unsecured, interest-free loans from Memo Properties Limited and Memo Walthamstow Limited, companies under common ownership and control of Mehmet Demir, a director of the Company. These loans are not repayable within 12 months of the balance sheet date.
The Company also had an unsecured, interest-free loan from its directors of £555,912 at the year end. The loan has no fixed repayment date and is repayable as and when funds permit.
No interest was charged or paid during the year, and no guarantees have been given or received.
11
Average number of employees
During the year the average number of employees was 12 (2025: 11).