BrightAccountsProduction v1.0.0 v1.0.0 2025-01-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The Principal activity of the company is the design and installation of cabling systems, fibre optic technology and wireless solutions. 8 April 2026 NI038495 2025-12-31 NI038495 2024-12-31 NI038495 2023-12-31 NI038495 2025-01-01 2025-12-31 NI038495 2024-01-01 2024-12-31 NI038495 uk-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 NI038495 uk-curr:PoundSterling 2025-01-01 2025-12-31 NI038495 uk-bus:AbridgedAccounts 2025-01-01 2025-12-31 NI038495 uk-core:ShareCapital 2025-12-31 NI038495 uk-core:ShareCapital 2024-12-31 NI038495 uk-core:OtherReservesSubtotal 2025-12-31 NI038495 uk-core:OtherReservesSubtotal 2024-12-31 NI038495 uk-core:RetainedEarningsAccumulatedLosses 2025-12-31 NI038495 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 NI038495 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-12-31 NI038495 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-12-31 NI038495 uk-bus:FRS102 2025-01-01 2025-12-31 NI038495 uk-core:PlantMachinery 2025-01-01 2025-12-31 NI038495 uk-core:FurnitureFittingsToolsEquipment 2025-01-01 2025-12-31 NI038495 uk-core:MotorVehicles 2025-01-01 2025-12-31 NI038495 2025-01-01 2025-12-31 NI038495 uk-bus:Director1 2025-01-01 2025-12-31 NI038495 uk-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: NI038495

Meritcom Limited

Abridged Unaudited Financial Statements

for the financial year ended 31 December 2025

Meritcom Limited

Company Registration Number: NI038495

ABRIDGED BALANCE SHEET

as at 31 December 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Fixed Assets

Tangible assets |  | 4 | 60,124 |  | 87,047
|  |  | ───────── |  | ─────────
Current Assets

Stocks |  |  | 97,603 |  | 69,287
Debtors |  |  | 122,205 |  | 140,170
Cash and cash equivalents |  |  | 402,938 |  | 393,326
|  |  | ───────── |  | ─────────
|  |  | 622,746 |  | 602,783
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  |  | (135,493) |  | (161,155)
|  |  | ───────── |  | ─────────
Net Current Assets |  |  | 487,253 |  | 441,628
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 547,377 |  | 528,675
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 75 |  | 75
Other reserves |  |  | 315,000 |  | 315,000
Retained earnings |  |  | 232,302 |  | 213,600
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 547,377 |  | 528,675
|  |  | ═════════ |  | ═════════
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 8 April 2026

________________________________ |  |  |  |  |
Frankie Donaghy |  |  |  |  |
Director |  |  |  |  |

Meritcom Limited

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 31 December 2025

1. | General Information
| Meritcom Limited is a company limited by shares incorporated in the Northern Ireland

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the year ended 31 December 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Turnover
| Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
| Tangible assets and depreciation
| Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
|  | Plant and machinery | - | 15% Straight line
|  | Fixtures, fittings and equipment | - | 25% Straight line
|  | Motor vehicles | - | 25% Straight line
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Leasing and hire purchases
| Tangible assets held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Balance Sheet at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Profit and Loss Account.
| Stocks
| Stocks are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
| Trade and other debtors
| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
| Borrowing costs
| Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
| Trade and other creditors
| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Employees
| The average monthly number of employees, including director, during the financial year was 36.
|  | 2025 | 2024
|  | Number | Number
| Directors | 1 | 1
| Staff | 20 | 26
|  | ───────── | ─────────
|  | 21 | 27
|  | ═════════ | ═════════

4. | Tangible assets
|  | Plant and | Fixtures, | Motor | Total
|  | machinery | fittings and | vehicles |
|  |  | equipment |  |
|  | £ | £ | £ | £
| Cost
| At 1 January 2025 | 48,281 | 51,688 | 204,160 | 304,129
| Additions | - | - | 5,426 | 5,426
|  | ───────── | ───────── | ───────── | ─────────
| At 31 December 2025 | 48,281 | 51,688 | 209,586 | 309,555
|  | ───────── | ───────── | ───────── | ─────────
| Depreciation
| At 1 January 2025 | 43,300 | 51,687 | 122,095 | 217,082
| Charge for the financial year | 1,199 | - | 31,150 | 32,349
|  | ───────── | ───────── | ───────── | ─────────
| At 31 December 2025 | 44,499 | 51,687 | 153,245 | 249,431
|  | ───────── | ───────── | ───────── | ─────────
| Net book value
| At 31 December 2025 | 3,782 | 1 | 56,341 | 60,124
|  | ═════════ | ═════════ | ═════════ | ═════════
| At 31 December 2024 | 4,981 | 1 | 82,065 | 87,047
|  | ═════════ | ═════════ | ═════════ | ═════════

5. | Capital commitments
| The company had no material capital commitments at the financial year-ended 31 December 2025.