Meridian Line Systems Limited - Filleted accounts

Registered number

08837720

Meridian Line Systems Limited

Filleted Accounts

31 January 2026

Meridian Line Systems Limited
Registered number:		08837720
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		453			604

Current assets
Debtors	4	27,399			55,107
Cash at bank and in hand		18,022			9,247
		45,421			64,354

Creditors: amounts falling due within one year	5	(3,539)			(18,752)

Net current assets			41,882			45,602

Net assets			42,335			46,206

Capital and reserves
Called up share capital			100			100
Profit and loss account			42,235			46,106

Shareholder's funds			42,335			46,206

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




Jeremy Holland
Director
Approved by the board on 20 August 2026

Meridian Line Systems 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	25% Reducing Balance

	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 February 2025				4,829
	At 31 January 2026				4,829

	Depreciation
	At 1 February 2025				4,225
	Charge for the year				151
	At 31 January 2026				4,376

	Net book value
	At 31 January 2026				453
	At 31 January 2025				604


4	Debtors		2026		2025
£				£

	Trade debtors		-		34,401
	Accrued income		331		199
	Director's loan		18,003		161
	Other taxes and social securities		276		-
	Other debtors		8,789		20,346
			27,399		55,107

	Amounts due after more than one year included above		8,789		8,789


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

	Trade creditors		603		-
	Taxation and social security costs		2,936		18,752
			3,539		18,752


6	Controlling party

	The Director, Jeremy Holland, controls the company by virtue of his shareholding and Directorship.


7	Other information

	Meridian Line Systems Limited is a private company limited by shares and incorporated in England. Its registered office is:
	5 Hyde Vale
	Greenwich
	London
	SE10 8QQ