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REGISTERED NUMBER: 11527368 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 May 2022

for

MERA INVESTMENT MANAGEMENT LIMITED

PREVIOUSLY KNOWN AS
BLUESTRIP HOLDINGS LIMITED

MERA INVESTMENT MANAGEMENT LIMITED (REGISTERED NUMBER: 11527368)

Contents of the Financial Statements
for the year ended 31 May 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MERA INVESTMENT MANAGEMENT LIMITED

Company Information
for the year ended 31 May 2022







Director: Mr E H Matthews





Registered office: New Derwent House
Theobalds Road
London
WC1X 8TA





Registered number: 11527368 (England and Wales)





Accountants: Haines Watts
Chartered Accountants
3rd Floor
Marlborough House
298 Regents Park Road
Finchley
London
N3 2SZ

MERA INVESTMENT MANAGEMENT LIMITED (REGISTERED NUMBER: 11527368)

Balance Sheet
31 May 2022

2022 2021
Notes £ £ £ £
Fixed assets
Tangible assets 4 2,996 3,194
Investments 5 35,998 36,865
38,994 40,059

Current assets
Debtors 6 61,336 56,336
Cash at bank 132,932 2,289
194,268 58,625
Creditors
Amounts falling due within one year 7 65,239 27,810
Net current assets 129,029 30,815
Total assets less current liabilities 168,023 70,874

Capital and reserves
Called up share capital 8 100 100
Retained earnings 167,923 70,774
Shareholders' funds 168,023 70,874

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 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.

MERA INVESTMENT MANAGEMENT LIMITED (REGISTERED NUMBER: 11527368)

Balance Sheet - continued
31 May 2022


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 September 2022 and were signed by:





Mr E H Matthews - Director


MERA INVESTMENT MANAGEMENT LIMITED (REGISTERED NUMBER: 11527368)

Notes to the Financial Statements
for the year ended 31 May 2022


1. Statutory information

Mera Investment Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

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.

Investments in associates
Investments in associate undertakings are recognised at cost.

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.


MERA INVESTMENT MANAGEMENT LIMITED (REGISTERED NUMBER: 11527368)

Notes to the Financial Statements - continued
for the year ended 31 May 2022


2. Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. Employees and directors

The average number of employees during the year was 1 (2021 - 1 ) .

4. Tangible fixed assets
Plant and Computer
machinery equipment Totals
£ £ £
Cost
At 1 June 2021 2,962 1,298 4,260
Additions 800 - 800
At 31 May 2022 3,762 1,298 5,060
Depreciation
At 1 June 2021 741 325 1,066
Charge for year 755 243 998
At 31 May 2022 1,496 568 2,064
Net book value
At 31 May 2022 2,266 730 2,996
At 31 May 2021 2,221 973 3,194

5. Fixed asset investments
Interest in Other
associate investments Totals
£ £ £
Cost
At 1 June 2021 29,046 7,819 36,865
Additions - (867 ) (867 )
At 31 May 2022 29,046 6,952 35,998
Net book value
At 31 May 2022 29,046 6,952 35,998
At 31 May 2021 29,046 7,819 36,865

MERA INVESTMENT MANAGEMENT LIMITED (REGISTERED NUMBER: 11527368)

Notes to the Financial Statements - continued
for the year ended 31 May 2022


6. Debtors: amounts falling due within one year
2022 2021
£ £
Other debtors 61,336 56,336

7. Creditors: amounts falling due within one year
2022 2021
£ £
Taxation and social security 44,187 11,258
Other creditors 21,052 16,552
65,239 27,810

8. Called up share capital


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £ £
100 Ordinary £1 100 100