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Company Registration No. 12855390 (England and Wales)
MEREDITH MORGAN TAYLOR LTD Unaudited accounts for the year ended 30 September 2025
MEREDITH MORGAN TAYLOR LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MEREDITH MORGAN TAYLOR LTD Company Information for the year ended 30 September 2025
Director
P Meredith
Company Number
12855390 (England and Wales)
Registered Office
55 EAST BUDLEIGH ROAD BUDLEIGH SALTERTON EX9 6EW ENGLAND
Accountants
Maitland Wright Ltd - Chartered Accountants 55 East Budleigh Road Budleigh Salterton Devon EX9 6EW
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MEREDITH MORGAN TAYLOR LTD Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
391,500 
- 
Tangible assets
5
10,546 
12,073 
402,046 
12,073 
Current assets
Cash at bank and in hand
69,318 
17,027 
Creditors: amounts falling due within one year
6
(95,635)
(34,525)
Net current liabilities
(26,317)
(17,498)
Total assets less current liabilities
375,729 
(5,425)
Creditors: amounts falling due after more than one year
7
(418,041)
- 
Net liabilities
(42,312)
(5,425)
Capital and reserves
Called up share capital
101 
101 
Profit and loss account
(42,413)
(5,526)
Shareholders' funds
(42,312)
(5,425)
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 March 2026 and were signed on its behalf by
P Meredith Director Company Registration No. 12855390
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MEREDITH MORGAN TAYLOR LTD Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
MEREDITH MORGAN TAYLOR LTD is a private company, limited by shares, registered in England and Wales, registration number 12855390. The registered office is 55 EAST BUDLEIGH ROAD, BUDLEIGH SALTERTON, EX9 6EW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10%
Plant & machinery
25%
Intangible fixed assets
Goodwill is recognised at cost arising on acquisition and is amortised over its estimated useful economic life of 10 years. The financial statements do not reflect internally generated goodwill or changes in market valuation subsequent to acquisition, which may arise from factors such as client relationships, recurring income streams and market conditions, as these are not permitted to be recognised under FRS 102.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 October 2024
- 
Additions
435,000 
At 30 September 2025
435,000 
Amortisation
At 1 October 2024
- 
Charge for the year
43,500 
At 30 September 2025
43,500 
Net book value
At 30 September 2025
391,500 
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MEREDITH MORGAN TAYLOR LTD Notes to the Accounts for the year ended 30 September 2025
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2024
8,872 
3,201 
12,073 
At 30 September 2025
8,872 
3,201 
12,073 
Depreciation
Charge for the year
887 
640 
1,527 
At 30 September 2025
887 
640 
1,527 
Net book value
At 30 September 2025
7,985 
2,561 
10,546 
At 30 September 2024
8,872 
3,201 
12,073 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
37,760 
- 
Taxes and social security
820 
245 
Other creditors
2,153 
2,150 
Loans from directors
34,902 
32,130 
Accruals
20,000 
- 
95,635 
34,525 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
373,041 
- 
Accruals
45,000 
- 
418,041 
- 
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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