Meyvin Solutions Ltd - Accounts

Meyvin Solutions Ltd - Accounts

MEYVIN SOLUTIONS LTD - Company Information

Print Friendly Version

2018-05-01 2018-10-31 false Capium Accounts Production 1.1 08338712 bus:AbridgedAccounts 2018-05-01 2018-10-31 08338712 bus:FRS102 2018-05-01 2018-10-31 08338712 bus:AuditExempt-NoAccountantsReport 2018-05-01 2018-10-31 08338712 bus:SmallCompaniesRegimeForAccounts 2018-05-01 2018-10-31 08338712 bus:PrivateLimitedCompanyLtd 2018-05-01 2018-10-31 08338712 2018-05-01 2018-10-31 08338712 2018-10-31 08338712 bus:RegisteredOffice 2018-05-01 2018-10-31 08338712 core:WithinOneYear 2018-10-31 08338712 core:AfterOneYear 2018-10-31 08338712 bus:Director1 2018-05-01 2018-10-31 08338712 bus:Director1 2018-10-31 08338712 bus:Director1 2017-05-01 2018-04-30 08338712 2017-05-01 08338712 2017-05-01 2018-04-30 08338712 2018-04-30 08338712 core:WithinOneYear 2018-04-30 08338712 core:AfterOneYear 2018-04-30 08338712 bus:EntityAccountantsOrAuditors 2017-05-01 2018-04-30 08338712 core:ComputerEquipment 2018-05-01 2018-10-31 08338712 core:ComputerEquipment 2018-10-31 08338712 core:ComputerEquipment 2018-04-30 08338712 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2018-10-31 08338712 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2018-04-30 08338712 core:OtherResidualIntangibleAssets 2018-05-01 2018-10-31 08338712 core:OtherResidualIntangibleAssets 2018-10-31 08338712 core:OtherResidualIntangibleAssets 2018-04-30 08338712 core:CostValuation core:Non-currentFinancialInstruments 2018-10-31 08338712 core:CostValuation core:Non-currentFinancialInstruments 2018-04-30 08338712 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2018-10-31 08338712 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2018-10-31 08338712 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2018-10-31 08338712 core:Non-currentFinancialInstruments 2018-10-31 08338712 core:Non-currentFinancialInstruments 2018-04-30 08338712 core:ShareCapital 2018-10-31 08338712 core:ShareCapital 2018-04-30 08338712 core:RetainedEarningsAccumulatedLosses 2018-10-31 08338712 core:RetainedEarningsAccumulatedLosses 2018-04-30 08338712 dpl:Item1 2018-05-01 08338712 dpl:Item1 2018-10-31 08338712 dpl:Item1 2017-05-01 08338712 dpl:Item1 2018-04-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 08338712
England and Wales

 

 

 

MEYVIN SOLUTIONS LTD


Abridged Accounts
 


Period of accounts

Start date: 01 May 2018

End date: 31 October 2018

Meyvin Solutions Ltd
Contents Page
For the period ended 31 October 2018
 
 		 Notes
 		 2018
£		   2018
£
Fixed assets      
Intangible fixed assets 2 7,000    7,000 
Tangible fixed assets 3 7,201    7,791 
14,201    14,791 
Current assets      
Debtors: amounts falling due within one year 18,548    40,200 
Cash at bank and in hand 8,531    3,909 
27,079    44,109 
Creditors: amount falling due within one year (19,765)   (28,222)
Net current assets 7,314    15,887 
 
Total assets less current liabilities 21,515    30,678 
Creditors: amount falling due after more than one year (52,345)   (52,345)
Net assets (30,830)   (21,667)
 

Capital and reserves 		     
Called up share capital 1    1 
Profit and loss account (30,831)   (21,668)
Shareholders funds (30,830)   (21,667)
 


For the period ended 31 October 2018 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Director's Responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476
  2. 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 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 Part 15 of the Companies Act 2006. 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).
Signed on behalf of the board of director


--------------------------------
Michael DONTHIMALLA
Director

Date approved by the board: 15 November 2019
1
General Information
Meyvin Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 08338712, registration address 20-22 Wenlock Road, London, England, N1 7GU.

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 on the going concern basis and 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.
Website cost
Planning and operating costs for the company's website are charged to the income statement as incurred.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
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:
Computer Equipment 15% Reducing Balance
2.

Intangible fixed assets

Cost Other   Total
  £   £
At 01 May 2018 7,000    7,000 
Additions -    - 
Disposals -    - 
At 31 October 2018 7,000    7,000 
Amortisation
At 01 May 2018 -    - 
Charge for period -    - 
On disposals -    - 
At 31 October 2018 -    - 
Net book values
At 31 October 2018 7,000    7,000 
At 30 April 2018 7,000    7,000 


3.

Tangible fixed assets

Cost Computer Equipment   Total
  £   £
At 01 May 2018 9,437    9,437 
Additions -    - 
Disposals -    - 
At 31 October 2018 9,437    9,437 
Depreciation
At 01 May 2018 1,646    1,646 
Charge for period 590    590 
On disposals -    - 
At 31 October 2018 2,236    2,236 
Net book values
Closing balance as at 31 October 2018 7,201    7,201 
Opening balance as at 01 May 2018 7,791    7,791 


4.

Director’s loan

Directors Long Term Loan - Mr Michael Donthimalla

The Director Mr. Michael Donthimalla had invested a sum of £52,344.79 in previous years as a Directors Loan to meet the financial needs of the Company. No interest is payable on this loan. Although the Company is profitable, the funds remain in the Company for further growth
5.

Share Capital

Mr. Michael Donthimalla owns 100% of the Share Capital of the company.
2