Meridian Currency Ltd 10422397 the provision of currency consultancy services false 1 April 2022 10422397 2022-04-01 2023-03-31 10422397 2022-03-31 10422397 2023-03-31 10422397 2021-04-01 2022-03-31 10422397 2021-03-31 10422397 2022-03-31 10422397 frs102-bus:FRS102 2022-04-01 2023-03-31 10422397 frs102-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10422397 frs102-bus:FullAccounts 2022-04-01 2023-03-31 10422397 frs102-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 10422397 frs102-core:CurrentFinancialInstruments 2023-03-31 10422397 frs102-core:CurrentFinancialInstruments 2022-03-31 10422397 frs102-core:ShareCapital 2023-03-31 10422397 frs102-core:ShareCapital 2022-03-31 10422397 frs102-core:RetainedEarningsAccumulatedLosses 2023-03-31 10422397 frs102-core:RetainedEarningsAccumulatedLosses 2022-03-31 10422397 frs102-bus:Director1 2022-04-01 2023-03-31 10422397 frs102-core:OfficeEquipment 2022-04-01 2023-03-31 10422397 frs102-core:OtherPropertyPlantEquipment 2022-04-01 2023-03-31 10422397 frs102-core:OfficeEquipment 2022-03-31 10422397 frs102-core:OtherPropertyPlantEquipment 2022-03-31 10422397 frs102-core:OfficeEquipment 2023-03-31 10422397 frs102-core:OtherPropertyPlantEquipment 2023-03-31 10422397 frs102-core:OfficeEquipment 2022-03-31 10422397 frs102-core:OtherPropertyPlantEquipment 2022-03-31 10422397 frs102-bus:OrdinaryShareClass1 2023-03-31 10422397 frs102-bus:OrdinaryShareClass1 2022-03-31 10422397 frs102-bus:OrdinaryShareClass1 2022-04-01 2023-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
10422397
Meridian Currency Ltd
Unaudited Accounts
for the year ended
31 March 2023
Meridian Currency Ltd
Balance Sheet
as at 31 March 2023
Notes
2023
£
2022
£
Fixed assets
Tangible assets 3 1,880 2,009
1,880 2,009
Current assets
Stocks 1,663 1,663
Debtors 44,441 26,579
Cash at bank and in hand 115,837 146,980
161,941 175,222
Prepayments and accrued income: 960 960
Creditors: amounts falling due within one year (24,439) (61,779)
Net current assets / (liabilities) 138,462 114,403
Total assets less current liabilities 140,342 116,412
Provisions for liabilities (0) (0)
Accruals and deferred income (1,410) (1,200)
Total net assets (liabilities) 138,932 115,212
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 138,832 115,112
Shareholders' funds 138,932 115,212

Meridian Currency Ltd
Balance Sheet
as at 31 March 2023



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2023 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.

Signed on behalf of the board of directors

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

Mr J Sim

Director


Approved by the board on 19 October 2023

Company Number: 10422397 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

3 Old Street Yard
Featherstone Street
London
EC1Y 8AF
England

Meridian Currency Ltd
Notes to the Accounts
for the year ended 31 March 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Office equipment 33.3% Straight Line
Other 25% Straight Line
2. Employees
2023 2022
Average number of employees during the period 2 3

3. Tangible fixed assets
Office equipment Other Total
Cost or valuation £ £ £
At 1 April 2022 9,993 2,059 12,052
Additions 1,953 0 1,953
At 31 March 2023 11,946 2,059 14,005
Depreciation
At 1 April 2022 8,286 1,757 10,043
Charge for the period 1,969 113 2,082
At 31 March 2023 10,255 1,870 12,125
Net book value
At 31 March 2023 1,691 189 1,880
At 31 March 2022 1,707 302 2,009

4. Share capital
2023 2022
£ £
Allotted, called up and fully paid:
100 (2022: 100) Ordinary shares of £1.00 each 100 100
100 100