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Company Registration No. 07465810 (England and Wales)
Meredith GB Consultants Ltd Unaudited accounts for the year ended 31 December 2023
Meredith GB Consultants Ltd Unaudited accounts Contents
Page
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Meredith GB Consultants Ltd Company Information for the year ended 31 December 2023
Director
J W Meredith
Company Number
07465810 (England and Wales)
Registered Office
49 Westerham Road Bessels Green Sevenoaks Kent TN13 2QB United Kingdom
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Meredith GB Consultants Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
142 
411 
Current assets
Debtors
170,859 
156,128 
Cash at bank and in hand
6 
12 
170,865 
156,140 
Creditors: amounts falling due within one year
(169,827)
(153,948)
Net current assets
1,038 
2,192 
Total assets less current liabilities
1,180 
2,603 
Creditors: amounts falling due after more than one year
(2,267)
(3,871)
Net liabilities
(1,087)
(1,268)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(1,187)
(1,368)
Shareholders' funds
(1,087)
(1,268)
For the year ending 31 December 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 2 September 2024 and were signed on its behalf by
J W Meredith Director Company Registration No. 07465810
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Meredith GB Consultants Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Meredith GB Consultants Ltd is a private company, limited by shares, registered in England and Wales, registration number 07465810. The registered office is 49 Westerham Road, Bessels Green, Sevenoaks, Kent, TN13 2QB, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of 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.
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
33% pa straight line
Going concern
After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and that he will continue to give financial support to the company until such time as its position improves. The director has confirmed that he will not recall the loan within 12 months. Accordingly, he continues to adopt the going concern basis in preparing the annual report and accounts.
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Meredith GB Consultants Ltd Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
6,381 
Additions
216 
At 31 December 2023
6,597 
Depreciation
At 1 January 2023
5,970 
Charge for the year
485 
At 31 December 2023
6,455 
Net book value
At 31 December 2023
142 
At 31 December 2022
411 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
124,162 
115,897 
Accrued income and prepayments
39 
2,900 
Other debtors
46,658 
37,331 
170,859 
156,128 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,600 
1,602 
Trade creditors
3,346 
12,571 
Taxes and social security
194 
167 
Loans from directors
164,656 
139,551 
Accruals
31 
57 
169,827 
153,948 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
2,267 
3,871 
The Company took advantage of the Governments' Bounce Back Loan Scheme through Barclays Bank. The full loan of £8,000 is over 72 months commencing May 2020 and accrues interest at 2.5%. The first year's interest is covered by the Government Business Interruption Payment scheme. Repayments commenced in June 2021.
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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Meredith GB Consultants Ltd Notes to the Accounts for the year ended 31 December 2023
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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