| Registered Number:04831034 |
For the year ended 30 June 2025
England and Wales
Unaudited Financial Statements
Merit Resources Limited
Statement of Financial Position
2024
2025
| Trade and other receivables |
1
-
3
174,596
157,118
4
9,698
| Cash and cash equivalents |
12,831
169,949
184,295
| Trade and other payables: amounts falling due within one |
| year |
(75,389)
(69,349)
5
108,906
100,600
Net current assets
| Total assets less current liabilities |
100,600
108,906
100,600
Net assets
108,906
100
100
100,500
108,806
100,600
108,906
Shareholders' funds
| For the year ended 30 June 2025 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 of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 26 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 30 June 2025
Merit Resources Limited
Notes to the Financial Statements
Statutory Information
| Merit Resources Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 04831034. |
Arden Cleeve
Pike Law Lane
Scapegoat Hill
Huddersfield
HD7 4PL
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Fixtures and fittings
Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account. |
| 2. Property, plant and equipment |
21,549
7,497
14,052
14,052
7,497
21,549
| Provision for depreciation and impairment |
21,549
7,497
14,052
21,549
7,497
14,052
-
-
-
-
-
-
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For the year ended 30 June 2025
Merit Resources Limited
Notes to the Financial Statements Continued
| 3. Trade and other receivables |
2024
2025
| Taxation and social security |
-
1
| 4. Financial instruments at fair value |
2024
2025
157,118
174,596
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
| Accruals and deferred income |
819
860
68,530
74,529
69,349
75,389
| 6. Average number of persons employed |
During the year the average number of employees was 2 (2024 : 2)
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