Angela Mee Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 04795638 (England and Wales)

Angela Mee Limited

Unaudited Financial Statements

for the Year Ended 30 November 2022

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs Angela Mee

A Mee

SECRETARY:

Mrs Angela Mee

REGISTERED OFFICE:

Lymore Villa

162a London Road

Chesterton

Stoke-on-Trent

Staffordshire

ST5 7JB

REGISTERED NUMBER:

04795638 (England and Wales)

ACCOUNTANTS:

Slaters & Co Accountants

Lymore Villa

162a London Road

Chesterton

Newcastle

Staffordshire

ST5 7JB

FIXED ASSETS

Intangible assets

5

3,658

4,838

Tangible assets

6

10,936

10,118

14,594

14,956

CURRENT ASSETS

Stocks

13,432

13,041

Cash at bank and in hand

30,053

30,053

43,485

43,094

CREDITORS

Amounts falling due within one year

7

65,115

47,177

NET CURRENT LIABILITIES

(21,630

)

(4,083

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(7,036

)

10,873

CREDITORS

Amounts falling due after more than one year

8

45,026

50,000

NET LIABILITIES

(52,062

)

(39,127

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(52,064

)

(39,129

)

SHAREHOLDERS' FUNDS

(52,062

)

(39,127

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 May 2023 and were signed on its behalf by:

A Mee - Director

1.	STATUTORY INFORMATION

Angela Mee Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoice value of services provided, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2021 - 7 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2021

and 30 November 2022

23,600

AMORTISATION

At 1 December 2021

18,762

Charge for year

1,180

At 30 November 2022

19,942

NET BOOK VALUE

At 30 November 2022

3,658

At 30 November 2021

4,838

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

Equipment

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 December 2021

9,758

31,821

-

9,720

51,299

Additions

-

-

2,535

-

2,535

At 30 November 2022

9,758

31,821

2,535

9,720

53,834

DEPRECIATION

At 1 December 2021

7,866

24,306

-

9,009

41,181

Charge for year

189

751

634

143

1,717

At 30 November 2022

8,055

25,057

634

9,152

42,898

NET BOOK VALUE

At 30 November 2022

1,703

6,764

1,901

568

10,936

At 30 November 2021

1,892

7,515

-

711

10,118

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loans and overdrafts

8,096

5,534

Trade creditors

3,708

1,988

Taxation and social security

876

5,341

Other creditors

52,435

34,314

65,115

47,177

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Bank loans

45,026

50,000

9.	RELATED PARTY DISCLOSURES

The company owed its directors Mr and Mrs Mee £43,759 as at 30 November 2022 ( 2021 £28,404). The loan is interest free and repayable on demand.