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REGISTERED NUMBER: 05563111 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Meridian Cooling Ltd

Meridian Cooling Ltd (Registered number: 05563111)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Meridian Cooling Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: S Purches
S C Dufeu





SECRETARIES: Mrs P Du Feu
Mrs K M Purches





REGISTERED OFFICE: 21 Church Road
Parkstone
Poole
Dorset
BH14 8UF





REGISTERED NUMBER: 05563111 (England and Wales)





ACCOUNTANT: Richard Allen & Associates
21 Church Road
Parkstone
Poole
Dorset
BH14 8UF

Meridian Cooling Ltd (Registered number: 05563111)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 263,136 237,102

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 5 3,853,969 2,534,465
Cash at bank and in hand 869,362 1,834,240
4,725,331 4,370,705
CREDITORS
Amounts falling due within one year 6 1,234,868 1,025,984
NET CURRENT ASSETS 3,490,463 3,344,721
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,753,599

3,581,823

CREDITORS
Amounts falling due after more than one
year

7

(149,937

)

(136,049

)

PROVISIONS FOR LIABILITIES (60,879 ) (48,871 )
NET ASSETS 3,542,783 3,396,903

CAPITAL AND RESERVES
Called up share capital 105 105
Capital redemption reserve 33 33
Retained earnings 3,542,645 3,396,765
SHAREHOLDERS' FUNDS 3,542,783 3,396,903

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 Cooling Ltd (Registered number: 05563111)

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 27 June 2025 and were signed on its behalf by:




S Purches - Director



S C Dufeu - Director


Meridian Cooling Ltd (Registered number: 05563111)

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

1. STATUTORY INFORMATION

Meridian Cooling 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on reducing balance, 15% on reducing balance and Not provided

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 or deferred taxation assets and liabilities are not discounted.

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.

Hire purchase and leasing commitments
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2023 - 33 ) .

Meridian Cooling Ltd (Registered number: 05563111)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 424,675
Additions 110,440
At 30 September 2024 535,115
DEPRECIATION
At 1 October 2023 187,573
Charge for year 84,406
At 30 September 2024 271,979
NET BOOK VALUE
At 30 September 2024 263,136
At 30 September 2023 237,102

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,892,984 1,785,266
Other debtors 1,960,985 749,199
3,853,969 2,534,465

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 118,940
Hire purchase contracts 72,194 53,895
Trade creditors 931,244 577,198
Taxation and social security 201,914 248,607
Other creditors 29,516 27,344
1,234,868 1,025,984

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 149,937 136,049

Meridian Cooling Ltd (Registered number: 05563111)

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

8. 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
£    £   
S Purches
Balance outstanding at start of year 357,882 275,840
Amounts advanced 145,739 182,911
Amounts repaid (149,200 ) (100,869 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 354,421 357,882

S C Dufeu
Balance outstanding at start of year 185,623 151,524
Amounts advanced 185,079 134,495
Amounts repaid (149,200 ) (100,396 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 221,502 185,623