REGISTERED NUMBER: SC182511 (Scotland)

Financial Statements for the Year Ended 31 January 2020

for

Conmeg Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N S Buckley

SECRETARY:

Mrs C Buckley

REGISTERED OFFICE:

7 Ythan Terrace

Ellon

Aberdeenshire

AB41 9LJ

REGISTERED NUMBER:

SC182511 (Scotland)

ACCOUNTANTS:

J M Taylor

7 Ythan Terrace

Ellon

Aberdeenshire

AB41 9LJ

FIXED ASSETS

Tangible assets

4

1,805

1,926

CURRENT ASSETS

Stocks

-

11,258

Debtors

5

15,153

-

Cash at bank

19,692

13,002

34,845

24,260

CREDITORS

Amounts falling due within one year

6

31,476

26,148

NET CURRENT ASSETS/(LIABILITIES)

3,369

(1,888

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,174

38

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

5,164

28

SHAREHOLDERS' FUNDS

5,174

38

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 2 March 2020 and were signed by:

N S Buckley - Director

1.	STATUTORY INFORMATION

Conmeg Limited is a private company, limited by shares , registered in Scotland. The company's registered

number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 February 2019

233

7,518

7,751

Additions

-

1,000

1,000

Disposals

-

(458

)

(458

)

At 31 January 2020

233

8,060

8,293

DEPRECIATION

At 1 February 2019

233

5,592

5,825

Charge for year

-

777

777

Eliminated on disposal

-

(114

)

(114

)

At 31 January 2020

233

6,255

6,488

NET BOOK VALUE

At 31 January 2020

-

1,805

1,805

At 31 January 2019

-

1,926

1,926

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.20

31.1.19

£

£

Trade debtors

15,153

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.20

31.1.19

£

£

Trade creditors

180

-

Taxation and social security

29,514

23,747

Other creditors

1,782

2,401

31,476

26,148

7.	ULTIMATE CONTROLLING PARTY

During the year the company was controlled by the director N S Buckley by virtue of his majority 90% holding

in the ordinary share capital of the company.