Memara Ltd


Director	Annabel Lord


Registered Number	13120524 (England and Wales)

Statement of Financial Position
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		1,741		3,727
			1,741		3,727
Current assets
Stocks	4	27,400		27,365
Debtors	5	9,536		5,818
Cash at bank and on hand		43,632		54,944
		80,568		88,127
Creditors amounts falling due within one year	6	(52,201)		(70,282)
Net current assets (liabilities)			28,367		17,845
Total assets less current liabilities			30,108		21,572
Provisions for liabilities	7		(331)		-
Net assets			29,777		21,572
Capital and reserves
Called up share capital			100		100
Profit and loss account			29,677		21,472
Shareholders' funds			29,777		21,572

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 27 October 2026, and are signed on its behalf by:

Annabel Lord
Director
Registered Company No. 13120524

Memara Ltd

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by share capital, incorporated in England and Wales. The address of its registered office is: Old Vicarage South Newington Road Barford Saint Michael BANBURY Oxfordshire OX15 0RJ

	Statement of compliance
	The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	The turnover shown in the income statement represents amounts invoiced during the year for the sale of goods in the ordinary course of the company's activities. Turnover is shown exclusive of value added tax.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.

	Tangible fixed assets and depreciation
	Tangible fixed assets are initially recorded at cost. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life:

	Stocks and work in progress
	Stock of merchandise is stated at the purchase price i.e. is determined using the first-in, first-out (FIFO) method. The cost of stock which no longer has value is written off in the reporting period in which the valuation is recognised.

2.	Average number of employees
	The average number of employees including the director is shown below.


		2026		2025
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 February 25	707	6,727	7,434
At 31 January 26	707	6,727	7,434
Depreciation and impairment
At 01 February 25	212	3,495	3,707
Charge for year	220	1,766	1,986
At 31 January 26	432	5,261	5,693
Net book value
At 31 January 26	275	1,466	1,741
At 31 January 25	495	3,232	3,727

4.	Stocks

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	2,622	1,850
Other debtors	-	1,192
Prepayments and accrued income	6,914	2,776
Total	9,536	5,818


	Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	5,241	4,482
Amounts owed to related parties	6,113	15,144
Taxation and social security	23,750	23,456
Dividends payable	17,000	17,000
Accrued liabilities and deferred income	97	10,200
Total	52,201	70,282


	Trade creditors are recognised at the initial transaction price (usually the invoice price). Included in the creditors is the director's current and loan account balances. These accounts are interest free.

7.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	331	-
Total	331	-