Meridius Services Limited - Filleted accounts

Registered number

06492011

Meridius Services Limited

Filleted Accounts

31 January 2026

Meridius Services Limited
Registered number:		06492011
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		12,245			-
Investments	5		417,937			417,937
			430,182			417,937

Current assets
Debtors	6	9,156			12,075
Cash at bank and in hand		6,999			1,025
		16,155			13,100

Creditors: amounts falling due within one year	7	(26,397)			(27,208)

Net current liabilities			(10,242)			(14,108)

Total assets less current liabilities			419,940			403,829

Creditors: amounts falling due after more than one year	8		(399,871)			(399,871)



Net assets			20,069			3,958

Capital and reserves
Called up share capital			200			200
Profit and loss account			19,869			3,758

Shareholders' funds			20,069			3,958

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs E Bradford
Director
Approved by the board on 28 September 2026

Meridius Services Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 4 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2


3	Intangible fixed assets				£
	Goodwill:

	Cost
	At 1 February 2025				15,250
	At 31 January 2026				15,250

	Amortisation
	At 1 February 2025				15,250
	At 31 January 2026				15,250

	Net book value
	At 31 January 2026				-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 February 2025				10,756
	Additions				16,327
	At 31 January 2026				27,083

	Depreciation
	At 1 February 2025				10,756
	Charge for the year				4,082
	At 31 January 2026				14,838

	Net book value
	At 31 January 2026				12,245


5	Investments

Other
investments
£
	Cost
	At 1 February 2025				417,937

	At 31 January 2026				417,937

	At 31 January 2026 the valuation of the investment properties was reviewed by Mrs E Bradford and Mr L Bradford the directors of the company. Following the review they are satisfied that the current valuation represents the fair value of the investment properties.


6	Debtors		2026		2025
£				£

	Trade debtors		8,353		11,272
	Other debtors		803		803
			9,156		12,075


7	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		-		1,254
	Taxation and social security costs		4,196		4,196
	Directors' loan account		20,851		20,468
	Other creditors		1,350		1,290
			26,397		27,208


8	Creditors: amounts falling due after one year		2026		2025
£				£

	Bank loans		399,871		399,871


9	Loans		2026		2025
£				£
	Creditors include:
	Amounts payable otherwise than by instalment falling due for payment after more than five years		399,871		399,871


	Secured bank loans		399,871		399,871

	The bank loans are secured on the investment properties owned by the company.


10	Controlling party

	In the opinion of the directors the company has no controlling party by virtue of the shareholdings in the company.


11	Other information

	Meridius Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Bury Lodge
	Bury Road
	Stowmarket
	Suffolk
	IP14 1JA