Mendmyi Limited - Period Ending 2015-10-31

Registration number: 7705267

Mendmyi Limited

Unaudited Abbreviated Accounts

for the period from 1 August 2014 to 31 October 2015

1 Accounts Online Ltd
Accountants and Business Advisers
70 High Street
Haverhill
Suffolk
CB9 8AR

Mendmyi Limited

Contents

Accountants' Report	1
Abbreviated Balance Sheet	2 to 3
Notes to the Abbreviated Accounts	4 to 5

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5) have been prepared.

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Mendmyi Limited
for the Period Ended 31 October 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mendmyi Limited for the period ended 31 October 2015 set out on pages XX from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Accounting Technicians we are subject to its ethical and other professional requirements which are detailed at www.aat.org.uk/about-aat/aat-standards.

This report is made solely to the Board of Directors of Mendmyi Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Mendmyi Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAT our professional boby. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mendmyi Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Mendmyi 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 Mendmyi Limited. You consider that Mendmyi Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Mendmyi 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.

......................................

1 Accounts Online Ltd
Accountants and Business Advisers
70 High Street
Haverhill
Suffolk
CB9 8AR

19 July 2016

Page 1

Mendmyi Limited

(Registration number: 7705267)
Abbreviated Balance Sheet as at 31 October 2015

	Note	31 October 2015 £	31 July 2014 £
Fixed assets
Tangible assets	2	1,740	2,267
Current assets
Stocks		12,000	12,000
Debtors		15,192	3,338
Cash at bank and in hand		6,040	6,027
		33,232	21,365
Creditors: Amounts falling due within one year		(24,806)	(31,556)
Net current assets/(liabilities)		8,426	(10,191)
Total assets less current liabilities		10,166	(7,924)
Creditors: Amounts falling due after more than one year		-	(55,478)
Net assets/(liabilities)		10,166	(63,402)
Capital and reserves
Called up share capital	3	1,666	1,000
Share premium reserve		39,334	-
Profit and loss account		(30,834)	(64,402)
Shareholders funds/(deficit)		10,166	(63,402)

For the period ending 31 October 2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 July 2016 and signed on its behalf by:

The notes on pages 4 to 5 form an integral part of these financial statements.
Page 2

Mendmyi Limited

(Registration number: 7705267)
Abbreviated Balance Sheet as at 31 October 2015

.........................................
Mr Riki Kim Baker
Director

.........................................
Mr Roscoe Jacob Gibbs
Director

The notes on pages 4 to 5 form an integral part of these financial statements.
Page 3

Mendmyi Limited

Notes to the Abbreviated Accounts

Accounting policies

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Revenue recognition

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Depreciation

Assets are depreciated over their expected economic life

Asset class	Depreciation method and rate
Office equipment	4 years straight line

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Fixed assets

	Tangible assets £	Total £
Cost
At 1 August 2014	4,904	4,904
Additions	932	932
At 31 October 2015	5,836	5,836
Depreciation
At 1 August 2014	2,637	2,637
Charge for the year	1,459	1,459
At 31 October 2015	4,096	4,096
Net book value
At 31 October 2015	1,740	1,740
At 31 July 2014	2,267	2,267

Page 4

Mendmyi Limited

Notes to the Abbreviated Accounts

Share capital

Allotted, called up and fully paid shares

	31 October 2015		31 July 2014
	No.	£	No.	£
Ordinary £1 shares of £1 each	1,666	1,666	1,000	1,000

New shares allotted

During the period 666 Ordinary shares having an aggregate nominal value of £1 were allotted for an aggregate consideration of £666.

Control

The company is controlled by Riki Baker.. The director who owns 60% (2014 100%) of the share capital is Riki Baker

Page 5