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Meridian Risk Management (UK) Ltd
Financial Statements
For The Year Ended 30 September 2025
TaxAssist Accountants
133 Station Road
Sidcup
DA15 7AA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08294080
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 129 172
129 172
CURRENT ASSETS
Debtors 5 29,794 12,680
Cash at bank and in hand 31,373 23,442
61,167 36,122
Creditors: Amounts Falling Due Within One Year 6 (59,782 ) (35,092 )
NET CURRENT ASSETS (LIABILITIES) 1,385 1,030
TOTAL ASSETS LESS CURRENT LIABILITIES 1,514 1,202
PROVISIONS FOR LIABILITIES
Deferred Taxation (25 ) (33 )
NET ASSETS 1,489 1,169
CAPITAL AND RESERVES
Called up share capital 7 350 350
Profit and Loss Account 1,139 819
SHAREHOLDERS' FUNDS 1,489 1,169
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For the year ending 30 September 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Alan Nathan
Director
16 June 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Meridian Risk Management (UK) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08294080 . The registered office is 20-22 Wenlock Road, London, N1 7GU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% reducing balance
Computer Equipment straight line over 3 years
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2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 2 -
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 October 2024 775 1,706 2,481
As at 30 September 2025 775 1,706 2,481
...CONTINUED
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Depreciation
As at 1 October 2024 603 1,706 2,309
Provided during the period 43 - 43
As at 30 September 2025 646 1,706 2,352
Net Book Value
As at 30 September 2025 129 - 129
As at 1 October 2024 172 - 172
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 14,456 -
Directors' loan accounts 15,338 12,680
29,794 12,680
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 51,754 35,005
VAT 7,034 8,694
Other creditors 353 50
Accruals and deferred income 641 (8,657 )
59,782 35,092
7. Share Capital
2025 2024
Allotted, called up and fully paid £ £
0 Ordinary Shares of £ 0.00 each - 350
175 Ordinary A shares of £ 1.00 each 175 -
175 Ordinary B shares of £ 1.00 each 175 -
350 350
Shares issued during the period: £
175 Ordinary A shares of £ 1.00 each 175
175 Ordinary B shares of £ 1.00 each 175
350
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8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2024 Amounts advanced Amounts repaid Amounts written off As at 30 September 2025
£ £ £ £ £
Mr Alan Nathan 9,361 - - - 7,669
Mrs Lazzat Taganiyazova 9,361 - - - 7,669
The above loan is unsecured, interest free and repayable on demand.
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