Meze Publishing Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09327798

Meze Publishing Limited

Filleted Unaudited Financial Statements

30 April 2025

Meze Publishing Limited

Financial Statements

Year ended 30 April 2025

Contents	Pages

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2 to 3

Notes to the financial statements	4 to 7

Meze Publishing Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Meze Publishing Limited

Year ended 30 April 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Meze Publishing Limited for the year ended 30 April 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Meze Publishing Limited, as a body, in accordance with the terms of our engagement letter dated 10 January 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Meze Publishing Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Meze Publishing Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Meze Publishing Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Meze Publishing Limited. You consider that Meze Publishing Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Meze Publishing Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HEBBLETHWAITES Chartered Accountants

2 Westbrook Court Sharrow Vale Road Sheffield S11 8YZ

18 November 2025

Meze Publishing Limited

Statement of Financial Position

30 April 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	5,472	6,840

Current assets

Stocks		60,000	60,000
Debtors	6	114,298	106,011
Cash at bank and in hand		11,623	17,443
		---------	---------
		185,921	183,454

Creditors: amounts falling due within one year	7	174,331	176,236
		---------	---------
Net current assets		11,590	7,218
		--------	--------
Total assets less current liabilities		17,062	14,058

Creditors: amounts falling due after more than one year	8	1,667	11,667

Provisions

Taxation including deferred tax	1,368	1,710
	--------	--------
Net assets	14,027	681
	--------	--------

Meze Publishing Limited

Statement of Financial Position (continued)

30 April 2025

	2025	2024
Note	£	£

Capital and reserves

Called up share capital	10	10
Profit and loss account	14,017	671
	--------	----
Shareholders funds	14,027	681
	--------	----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 18 November 2025 , and are signed on behalf of the board by:

Mr P J Turner

Director

Company registration number: 09327798

Meze Publishing Limited

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 1b Rialto, 2 Kelham Square, Kelham Riverside, Sheffield, S3 8SD, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In the opinion of management, there are no areas of judgement or key sources of estimation uncertainty that have a significant effect on the financial statements, other than those highlighted below.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for books published and associated services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures, fittings and equipment	-	20% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 4 ).

5. Tangible assets

	Fixtures and fittings	Total
	£	£
Cost
At 1 May 2024 and 30 April 2025	21,212	21,212
	--------	--------
Depreciation
At 1 May 2024	14,372	14,372
Charge for the year	1,368	1,368
	--------	--------
At 30 April 2025	15,740	15,740
	--------	--------
Carrying amount
At 30 April 2025	5,472	5,472
	--------	--------
At 30 April 2024	6,840	6,840
	--------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	29,174	21,554
Other debtors	85,124	84,457
	---------	---------
	114,298	106,011
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,000	10,000
Trade creditors	13,455	64,622
Corporation tax	40,941	27,177
Social security and other taxes	1,584	1,444
Other creditors	108,351	72,993
	---------	---------
	174,331	176,236
	---------	---------

The company had previously obtained a bounceback loan facility and above bank loans in regards to this falling due within one year amounted to £10,000 (2024: £10,000).

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,667	11,667
	-------	--------

The company had previously obtained a bounceback loan facility and above bank loans in regards to this falling due after more than one year amounted to £1,667 (2024: £11,667). A rate of 2.5% above base is applicable to this facility.

9. Related party transactions

The company was under the control of Mr P J Turner during the year, by virtue of his directorship and his majority shareholding in Blind Mice Media Limited, a company that owns 80% of the shares of Meze Publishing Limited . Included in other debtors at 30 April 2025 is a loan to Blind Mice Media Ltd, amounting to £19,709 (2024: £14,518). During the year the company paid dividends to Blind Mice Media Limited totalling £64,000 (2024: £64,000). The company was also issued with management charges by Blind Mice Media Limited in the sum of £8,400 (2024: £8,400) Also included in other creditors at 30 April 2025 is a loan from Mr P Cocker, a director and shareholder, amounting to £8,920 (2024: £9,820) Included in other debtors at the year end date, is a loan to Meze Properties Limited, a company also under the control of Mr P J Turner, in the sum of £61,342 (2024: £60,821) The loans are interest free and carry no formal repayment terms.