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REGISTERED NUMBER: 05559074 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Meridian Marquees & Temporary Structures
Ltd

Meridian Marquees & Temporary Structures
Ltd (Registered number: 05559074)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


Meridian Marquees & Temporary Structures
Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr. Nigel James Ballantine
Mrs. Tarnia Jane Ballantine





REGISTERED OFFICE: Unit A Parsons Farm Church Lane
Farley Hill
Reading
Berkshire
RG7 1UY





REGISTERED NUMBER: 05559074 (England and Wales)





ACCOUNTANTS: Avalon Accounting Limited
12 Park Lane
Tilehurst
Reading
Berkshire
RG31 5DL

Meridian Marquees & Temporary Structures
Ltd

Report of the Accountants to the Directors of
Meridian Marquees & Temporary Structures
Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Avalon Accounting Limited
12 Park Lane
Tilehurst
Reading
Berkshire
RG31 5DL


Date: .............................................

Meridian Marquees & Temporary Structures
Ltd (Registered number: 05559074)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 276,337 372,145
276,337 372,145

CURRENT ASSETS
Debtors 6 818,903 369,878
Cash at bank 629,060 762,403
1,447,963 1,132,281
CREDITORS
Amounts falling due within one year 7 (161,641 ) (130,410 )
NET CURRENT ASSETS 1,286,322 1,001,871
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,562,659

1,374,016

CREDITORS
Amounts falling due after more than one
year

8

(24,594

)

(57,303

)

PROVISIONS FOR LIABILITIES 10 (67,656 ) (80,009 )
NET ASSETS 1,470,409 1,236,704

CAPITAL AND RESERVES
Called up share capital 11 1,200 1,200
Retained earnings 12 1,469,209 1,235,504
SHAREHOLDERS' FUNDS 1,470,409 1,236,704

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Meridian Marquees & Temporary Structures
Ltd (Registered number: 05559074)

Balance Sheet - continued
30 September 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 May 2025 and were signed on its behalf by:





Mr. Nigel James Ballantine - Director


Meridian Marquees & Temporary Structures
Ltd (Registered number: 05559074)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Meridian Marquees & Temporary Structures Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 20% on cost

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Meridian Marquees & Temporary Structures
Ltd (Registered number: 05559074)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

HIRE PURCHASE AND LEASING COMMITMENTS
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

HIRE PURCHASE
Hire Purchase installments are bifurcated into Principal and interest portion as per HP statements. Hire Purchase interest has been charged to profit and loss accounts on accrual basis and Hire Purchase liabilities have been reduced by monthly repayments of Principal amounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 110,000
AMORTISATION
At 1 October 2023
and 30 September 2024 110,000
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

Meridian Marquees & Temporary Structures
Ltd (Registered number: 05559074)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 790,798 331,779 4,447 1,127,024
Additions 50,298 - - 50,298
At 30 September 2024 841,096 331,779 4,447 1,177,322
DEPRECIATION
At 1 October 2023 661,082 92,314 1,483 754,879
Charge for year 78,861 66,356 889 146,106
At 30 September 2024 739,943 158,670 2,372 900,985
NET BOOK VALUE
At 30 September 2024 101,153 173,109 2,075 276,337
At 30 September 2023 129,716 239,465 2,964 372,145

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2023
and 30 September 2024 331,779
DEPRECIATION
At 1 October 2023 92,314
Charge for year 66,356
At 30 September 2024 158,670
NET BOOK VALUE
At 30 September 2024 173,109
At 30 September 2023 239,465

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 160,954 214,298
Other debtors 28,280 28,323
Intercompany loan 601,500 101,500
Directors' current accounts 4,661 4,868
Prepayments 23,508 20,889
818,903 369,878

Meridian Marquees & Temporary Structures
Ltd (Registered number: 05559074)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) - 10,000
Hire purchase contracts 11,941 26,498
Trade creditors 1,558 15,004
Tax 109,838 54,778
PAYE/NI liability 94 (4,906 )
Pension 7,815 5,089
VAT 28,144 21,437
Credit card 491 835
Accrued expenses 1,760 1,675
161,641 130,410

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 9) - 17,500
Hire purchase contracts 24,594 39,803
24,594 57,303

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bounce back loan - less than
1 year - 10,000
- 10,000

Amounts falling due between two and five years:
Bounce back loan - more than
1 year - 17,500
- 17,500

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 67,656 80,009

Meridian Marquees & Temporary Structures
Ltd (Registered number: 05559074)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 October 2023 80,009
Provided during year (12,353 )
Balance at 30 September 2024 67,656

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,200 Ordinary £1 1,200 1,200

12. RESERVES
Retained
earnings
£   

At 1 October 2023 1,235,504
Profit for the year 245,705
Dividends (12,000 )
At 30 September 2024 1,469,209

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Mr. Nigel James Ballantine
Balance outstanding at start of year 2,060 998
Amounts advanced 2,145 20,134
Amounts repaid (2,352 ) (19,072 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,853 2,060

Mrs. Tarnia Jane Ballantine
Balance outstanding at start of year 2,808 21,850
Amounts advanced - 20,958
Amounts repaid - (40,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,808 2,808

Meridian Marquees & Temporary Structures
Ltd (Registered number: 05559074)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

14. RELATED PARTY DISCLOSURES

As at year end there company owned Balforton Developments Ltd £601,500 (P.Y:- £101,500 ) in which Mrs. Tarnia Jane Ballantine is also director.
Opening balance : £101,500
Transactions during the year : Loan advanced:- £500,000
Closing balance : £601,500

During the year, company has declared and paid dividend to Mr. Nigel James Ballantine - £8,000 (P.Y. £333) and Mrs. Tarnia Jane Ballantine - £4,000 (P.Y. £167). Mr. Nigel James Ballantine and Mrs. Tarnia Jane Ballantine are also directors of the company.

15. ULTIMATE CONTROLLING PARTY

The company is under the control of Mr. Nigel James Ballantine who owns 66.7% of the issued share capital of the company. Mr. Nigel James Ballantine is also a director of the company