Merideth Trent Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02781630 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

MERIDETH TRENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G Vassilopoulos

Mr A Vassilopoulos

REGISTERED OFFICE:

c/o Thorne Lancaster Parker

5th Floor, Palladium House

1-4 Argyll Street

London

W1F 7TA

REGISTERED NUMBER:

02781630 (England and Wales)

ACCOUNTANTS:

Thorne Lancaster Parker

5th Floor

Palladium House

1-4 Argyll Street

London

W1F 7TA

BANKERS:

HSBC Bank Plc

186 Baker Street

London

NW1 5RU

FIXED ASSETS

Property, plant and equipment

5

970,100

730,649

CURRENT ASSETS

Debtors

6

133,003

113,005

Cash at bank and in hand

66,685

148,335

199,688

261,340

CREDITORS

Amounts falling due within one year

7

(1,073,271

)

(894,564

)

NET CURRENT LIABILITIES

(873,583

)

(633,224

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

96,517

97,425

PROVISIONS FOR LIABILITIES

9

(4,400

)

(5,157

)

NET ASSETS

92,117

92,268

CAPITAL AND RESERVES

Called up share capital

10

2

Retained earnings

92,115

92,266

SHAREHOLDERS' FUNDS

92,117

92,268

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2026 and were signed on its behalf by:

Mr A Vassilopoulos - Director

1.	STATUTORY INFORMATION

Merideth Trent 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Revenue

Revenue is the total amount receivable, excluding value added tax, for services provided in the ordinary course of business.

Revenue is recognised when the company has the right to consideration and the amount can be reasonably ascertained.

Property, plant and equipment

Property, plant and equipment are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all property, plant and equipment, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows;

Improvements to property

- 15% on reducing balance

Plant and machinery

- 25% on reducing balance

Fixtures and fittings

- 15% on reducing balance

The carrying values of tangible fixed assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Financial instruments

Basic financial assets

Trade debtors and cash and bank balances are initially recognised at transaction price and subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period basic financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

If there is decrease in the impairment loss arising from an event occurring after the impairment was recognised the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Basic financial assets are derecognised when (a) the contractual rights to the cash flows from the assets expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Basic financial liabilities

Trade creditors, accruals and directors' current accounts are initially recognised at transaction price and subsequently carried at amortised cost, using the effective interest rate method.

Basic financial liabilities are derecognised when the contractual obligation is discharged, cancelled or expired.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 16 ) .

5.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

COST

At 1 January 2025

1,524,892

105,019

114,473

1,744,384

Additions

410,678

67

2,442

413,187

At 31 December 2025

1,935,570

105,086

116,915

2,157,571

DEPRECIATION

At 1 January 2025

826,792

97,971

88,972

1,013,735

Charge for year

166,317

3,228

4,191

173,736

At 31 December 2025

993,109

101,199

93,163

1,187,471

NET BOOK VALUE

At 31 December 2025

942,461

3,887

23,752

970,100

At 31 December 2024

698,100

7,048

25,501

730,649

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Amounts owed by group undertakings

73,884

68,382

Other debtors

36,715

22,262

Prepayments and accrued income

22,404

22,361

133,003

113,005

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

52,192

69,440

Social security and other taxes

52,694

57,765

Other creditors

954,875

753,672

Directors' current accounts

3,760

Accruals and deferred income

9,750

9,927

1,073,271

894,564

8.	FINANCIAL INSTRUMENTS

The company has the following financial instruments:-

2025

2024

£

Financial assets that are debt instruments measured at

amortised cost:-

- Amount owed by group undertakings

73,884

68,382

- Other debtors

36,715

22,262

- Prepayments and accrued income

22,404

22,361

133,003

113,005

2025

2024

£

Financial liabilities measured at amortised cost:-

- Trade creditors

52,192

69,440

- Social security and other taxes

52,694

57,765

- Other creditors

954,875

753,672

- Directors' current accounts

3,760

- Accruals and deferred income

9,750

9,927

1,073,271

894,564

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

4,400

5,157

Deferred

tax

£

Balance at 1 January 2025

5,157

Movements in the year

(757

)

Balance at 31 December 2025

4,400

The provision for deferred taxation is made up of accelerated capital allowances.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

2

Ordinary

£1

2

11.	RELATED PARTY DISCLOSURES

At the end of the year the company was provided a loan in the sum of £3,760 (2024: £3,760) by Mr G Vassilopoulos, a director. This loan is repayable on demand.

At the end of the year an amount of £73,884 (2024: £68,382) was owed by the parent company, Fulham Investments Limited. This amount is unsecured, interest free and is repayable on demand.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Fulham Investments Limited.