Company Registration No. 7642223 (England and Wales)
ME HORNER LTD
Unaudited accounts
for the year ended 31 May 2023
ME HORNER LTD
Unaudited accounts
Contents
ME HORNER LTD
Company Information
for the year ended 31 May 2023
Company Number
7642223 (England and Wales)
Registered Office
HARMONY HOUSE SUSSEX LANE
SPENCERS WOOD
READING
BERKSHIRE
RG7 1BY
Accountants
Janes Accounting Services Limited
9 Church Hams
Finchampstead
Wokingham
Berkshire
RG40 4XF
ME HORNER LTD
Statement of financial position
as at 31 May 2023
Creditors: amounts falling due within one year
(2,033)
(1,929)
Net current (liabilities)/assets
(777)
3,192
Total assets less current liabilities
(777)
3,375
Creditors: amounts falling due after more than one year
(20)
-
Net (liabilities)/assets
(797)
3,375
Called up share capital
1
1
Profit and loss account
(798)
3,374
Shareholders' funds
(797)
3,375
For the year ending 31 May 2023 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 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 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 and authorised for issue on 28 June 2023 and were signed on its behalf by
Mark Horner
Director
Company Registration No. 7642223
ME HORNER LTD
Notes to the Accounts
for the year ended 31 May 2023
ME HORNER LTD is a private company, limited by shares, registered in England and Wales, registration number 7642223. The registered office is HARMONY HOUSE SUSSEX LANE, SPENCERS WOOD, READING, BERKSHIRE, RG7 1BY.
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 not been prepared under the historical cost convention as the company has ceased trading. Assets have been restated to their realisable value.
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
3 years straight line
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. 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.
4
Tangible fixed assets
Plant & machinery
ME HORNER LTD
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,341
1,341
Loans from directors
398
-
7
Creditors: amounts falling due after more than one year
2023
2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Included within Debtors are the following loans to directors:
3,865
-
3,865
-
Loans to directors are interest free and repayable upon demand.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).