REGISTERED NUMBER: 10026880 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2025

FOR

MERITZ TRADING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P D Hopley

D Hopley

REGISTERED OFFICE:

Waterside Gym

Valley Road

Hebden Bridge

West Yorkshire

HX7 7BZ

REGISTERED NUMBER:

10026880 (England and Wales)

ACCOUNTANTS:

Cresswells

12 Market Street

Hebden Bridge

West Yorkshire

HX7 6AD

FIXED ASSETS

Tangible assets

4

68,095

72,842

CURRENT ASSETS

Stocks

900

850

Debtors

5

6,104

5,666

Cash at bank and in hand

17,241

16,208

24,245

22,724

CREDITORS

Amounts falling due within one year

6

51,336

70,259

NET CURRENT LIABILITIES

(27,091

)

(47,535

)

TOTAL ASSETS LESS CURRENT LIABILITIES

41,004

25,307

CREDITORS

Amounts falling due after more than one year

7

(12,293

)

(15,070

)

PROVISIONS FOR LIABILITIES

(4,274

)

(4,398

)

NET ASSETS

24,437

5,839

CAPITAL AND RESERVES

Called up share capital

9

30

30

Retained earnings

24,407

5,809

SHAREHOLDERS' FUNDS

24,437

5,839

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 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.

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 19th November 2025 and were signed on its behalf by:

D Hopley - Director

1.	STATUTORY INFORMATION

Meritz Trading 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Long leasehold

-

over 20 years

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

over 3 years

Stocks

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

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 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Long

to

Plant and

leasehold

property

machinery

£

£

£

COST

At 1st March 2024

85,000

4,680

46,897

Additions

-

-

3,475

At 28th February 2025

85,000

4,680

50,372

DEPRECIATION

At 1st March 2024

29,750

1,584

34,847

Charge for year

4,250

234

3,052

At 28th February 2025

34,000

1,818

37,899

NET BOOK VALUE

At 28th February 2025

51,000

2,862

12,473

At 29th February 2024

55,250

3,096

12,050

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st March 2024

5,103

1,556

143,236

Additions

-

-

3,475

At 28th February 2025

5,103

1,556

146,711

DEPRECIATION

At 1st March 2024

2,757

1,456

70,394

Charge for year

586

100

8,222

At 28th February 2025

3,343

1,556

78,616

NET BOOK VALUE

At 28th February 2025

1,760

-

68,095

At 29th February 2024

2,346

100

72,842

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

4,030

3,750

Prepayments and accrued income

2,074

1,916

6,104

5,666

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,754

2,754

Tax

7,756

4,934

VAT

3,205

3,327

Other creditors

542

11,039

Directors' current accounts

34,894

42,574

Accrued expenses

2,185

5,631

51,336

70,259

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans 1 - 2 years

2,754

2,754

Bank loans - 2-5 years

8,261

8,261

Bank loans >5yr by instalments

1,278

4,055

12,293

15,070

Amounts falling due in more than five years:

Repayable by instalments

Bank loans >5yr by instalments

1,278

4,055

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

15,047

17,824

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

3

Ordinary

£1

3

3

27

A Ordinary

£1

27

27

30

30