Company Registration No. 10845223 (England and Wales)
TT Meridian Ltd
Unaudited accounts
for the year ended 30 June 2023
TT Meridian Ltd
Unaudited accounts
Contents
TT Meridian Ltd
Company Information
for the year ended 30 June 2023
Director
Ms Thi Ngoc Thuy Lam
Company Number
10845223 (England and Wales)
Registered Office
Unit 5 New Lydenburg Commercial Estate
New Lydenburg Street
London
SE7 8NF
United Kingdom
Accountants
A2B Tax Ltd
133 Creek Road
London
SE8 3BU
TT Meridian Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
42,420
53,025
Inventories
125,000
40,500
Cash at bank and in hand
44,502
7,832
Creditors: amounts falling due within one year
(175,947)
(87,049)
Net current assets/(liabilities)
1,739
(5,193)
Total assets less current liabilities
44,159
47,832
Creditors: amounts falling due after more than one year
(39,516)
(46,661)
Profit and loss account
3,643
171
Shareholders' funds
4,643
1,171
For the year ending 30 June 2023 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 February 2024 and were signed on its behalf by
Ms Thi Ngoc Thuy Lam
Director
Company Registration No. 10845223
TT Meridian Ltd
Notes to the Accounts
for the year ended 30 June 2023
TT Meridian Ltd is a private company, limited by shares, registered in England and Wales, registration number 10845223. The registered office is Unit 5 New Lydenburg Commercial Estate, New Lydenburg Street, London, SE7 8NF, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance method
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2022
51,425
2,000
53,425
At 30 June 2023
51,425
2,000
53,425
Charge for the year
10,285
320
10,605
At 30 June 2023
10,285
720
11,005
At 30 June 2023
41,140
1,280
42,420
At 30 June 2022
51,425
1,600
53,025
Amounts falling due within one year
TT Meridian Ltd
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,947
15,387
Taxes and social security
6,267
1,319
Other creditors
14,266
9,240
Loans from directors
69,833
56,328
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
39,516
46,661
8
Average number of employees
During the year the average number of employees was 3 (2022: 2).