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REGISTERED NUMBER: 04607159 (England and Wales)















Financial Statements for the Year Ended 30 November 2024

for

Meridian Community Care Limited

Meridian Community Care Limited (Registered number: 04607159)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Meridian Community Care Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: M Y Lee
Mrs I Lee





SECRETARY: M Y Lee





REGISTERED OFFICE: Dane John Works
Gordon Road
Canterbury
Kent
CT1 3PP





REGISTERED NUMBER: 04607159 (England and Wales)





ACCOUNTANTS: A.K & Co (Accountancy Services) Ltd
19 Victoria Terrace
Hove
East Sussex
BN3 2WB

Meridian Community Care Limited (Registered number: 04607159)

Statement of Financial Position
30 November 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 15,901 30,926
15,901 30,926

CURRENT ASSETS
Debtors 6 298,556 221,693
Cash at bank and in hand 320 90,849
298,876 312,542
CREDITORS
Amounts falling due within one year 7 107,709 114,506
NET CURRENT ASSETS 191,167 198,036
TOTAL ASSETS LESS CURRENT
LIABILITIES

207,068

228,962

CREDITORS
Amounts falling due after more than one
year

8

(2,299

)

(9,196

)

PROVISIONS FOR LIABILITIES (3,021 ) (7,732 )
NET ASSETS 201,748 212,034

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 201,648 211,934
201,748 212,034

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Community Care Limited (Registered number: 04607159)

Statement of Financial Position - continued
30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 August 2025 and were signed on its behalf by:





M Y Lee - Director


Meridian Community Care Limited (Registered number: 04607159)

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

1. STATUTORY INFORMATION

Meridian Community Care Limited 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measures at cost less any accumulated amortisation and any accumulated impairment losses.
All intangible assets are considered to have a finite useful life. If a reliable estimate of useful life cannot be made, the useful life shall not exceed ten years.

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.
Fixtures and fittings - at varying rates on cost
Office Equipment - 25% on cost

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairments losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimates useful lives, using either the straight-line or reducing-balance method.

The asset's residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


Meridian Community Care Limited (Registered number: 04607159)

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

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2023 - 36 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 40,001
AMORTISATION
At 1 December 2023
and 30 November 2024 40,001
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 -

Meridian Community Care Limited (Registered number: 04607159)

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

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor Office
fittings vehicles Equipment Totals
£    £    £    £   
COST
At 1 December 2023 76,243 56,090 13,381 145,714
Additions 200 - 899 1,099
Disposals - - (1,885 ) (1,885 )
At 30 November 2024 76,443 56,090 12,395 144,928
DEPRECIATION
At 1 December 2023 73,636 28,047 13,105 114,788
Charge for year 1,781 14,024 319 16,124
Eliminated on disposal - - (1,885 ) (1,885 )
At 30 November 2024 75,417 42,071 11,539 129,027
NET BOOK VALUE
At 30 November 2024 1,026 14,019 856 15,901
At 30 November 2023 2,607 28,043 276 30,926

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 December 2023
and 30 November 2024 56,090
DEPRECIATION
At 1 December 2023 28,047
Charge for year 14,024
At 30 November 2024 42,071
NET BOOK VALUE
At 30 November 2024 14,019
At 30 November 2023 28,043

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 13,714 24,382
Other debtors 8,517 2,230
Tax debtor 59,768 27,239
Directors' current accounts 213,437 164,312
Prepayments and accrued income 3,120 3,530
298,556 221,693

Meridian Community Care Limited (Registered number: 04607159)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 6,655 9,760
Hire purchase contracts 6,897 10,254
Trade creditors 3,293 1,146
Tax 28,794 19,752
Social security and other taxes 11,628 13,352
Other creditors 9,517 3,076
Payments on account 37,325 53,689
Accruals and deferred income 3,600 3,477
107,709 114,506

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 2,299 9,196

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 6,655 -
Bank loans - 9,760
6,655 9,760