Company Registration No. NI672856 (Northern Ireland)
Meir Tech Ltd
Unaudited accounts
for the year ended 30 September 2023
Meir Tech Ltd
Unaudited accounts
Contents
Meir Tech Ltd
Company Information
for the year ended 30 September 2023
Company Number
NI672856 (Northern Ireland)
Registered Office
Unit 2 Channel Wharf
21 Old Channel Eoad
Belfast
Antrim
BT3 9DE
Accountants
PGR Chartered Accountants
Unit 2 Channel Wharf
21 Old Channel Road
Belfast
Antrim
BT3 9DE
Meir Tech Ltd
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
32,607
4,358
Creditors: amounts falling due within one year
(12,704)
(2,215)
Net current assets
19,903
2,143
Called up share capital
1
1
Profit and loss account
22,066
2,142
Shareholders' funds
22,067
2,143
For the year ending 30 September 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 his 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 29 February 2024 and were signed on its behalf by
Colm Meir
Director
Company Registration No. NI672856
Meir Tech Ltd
Notes to the Accounts
for the year ended 30 September 2023
Meir Tech Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI672856. The registered office is Unit 2 Channel Wharf, 21 Old Channel Eoad, Belfast, Antrim, BT3 9DE.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of music agent services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Restatement and amendment
The prior year figures have been restated to correctly recognise the transactions since trade recommenced. This has resulted in an increase of £4,358 to cash at bank at 30 September 2022.
The director of Meir Tech Ltd believes that the company has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least twelve months from the date of signing. Accordingly, Meir Tech Ltd continues to adopt the going concern basis in preparing the financial statements.
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:
Computer equipment
20% - Straight Line
Meir Tech Ltd
Notes to the Accounts
for the year ended 30 September 2023
4
Tangible fixed assets
Computer equipment
At 30 September 2023
2,250
At 30 September 2023
2,164
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,903
502
Loans from directors
7,801
1,713
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).