Company Registration No. NI604790 (Northern Ireland)
Merimed Limited
Unaudited accounts
for the year ended 31 December 2023
Merimed Limited
Unaudited accounts
Contents
Merimed Limited
Company Information
for the year ended 31 December 2023
Company Number
NI604790 (Northern Ireland)
Registered Office
1 Church Street
Fintona
Tyrone
BT78 2BR
Accountants
A D Pottie & Co Ltd
1 Church Street
Fintona
Tyrone
BT78 2BR
Accountants' report to the Board of Directors on the unaudited financial statements of Merimed Limited for the year ended 31 December 2023
In accordance with our terms of engagement, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.
This report is made solely to the company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Directors that we have done so and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Directors as a body, for our work or for this report.
We have carried out this engagement in accordance with guidance issued by the Chartered Accountants Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.
You have acknowledged on the balance sheet for the year ended 31 December 2023 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
A D Pottie & Co Ltd
Chartered Accountants
1 Church Street
Fintona
Tyrone
BT78 2BR
23 June 2024
Merimed Limited
Statement of financial position
as at 31 December 2023
Tangible assets
30,532
82,590
Cash at bank and in hand
(96)
(80)
Creditors: amounts falling due within one year
(30,588)
(91,342)
Net current assets
60,116
12,053
Total assets less current liabilities
90,648
94,643
Creditors: amounts falling due after more than one year
(89,837)
(72,401)
Called up share capital
100
100
Profit and loss account
711
22,142
Shareholders' funds
811
22,242
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 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 23 June 2024 and were signed on its behalf by
G Mercik
Director
Company Registration No. NI604790
Merimed Limited
Notes to the Accounts
for the year ended 31 December 2023
Merimed Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI604790. The registered office is 1 Church Street, Fintona, Tyrone, BT78 2BR.
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:
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
216,795
133,833
7,565
358,193
At 31 December 2023
216,795
133,833
7,565
358,193
At 1 January 2023
146,221
122,295
7,087
275,603
Charge for the year
40,042
11,538
478
52,058
At 31 December 2023
186,263
133,833
7,565
327,661
At 31 December 2023
30,532
-
-
30,532
At 31 December 2022
70,574
11,538
478
82,590
Merimed Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
65,000
65,000
Amounts falling due after more than one year
Other debtors
25,800
25,800
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
5,000
Obligations under finance leases and hire purchase contracts
-
37,970
Trade creditors
9,197
7,137
Taxes and social security
(3,701)
(5,010)
Other creditors
25,092
46,245
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
38,494
22,471
Other creditors
14,599
13,895
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).