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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text; read from the page image) (17 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

Meridian-Marshalls

MMH · Ghana Stock Exchange · Consolidated statements

On this page
Company details
Legal name
Meridian Marshalls Holdings Limited
Listing
MMH on the Ghana Stock Exchange, active (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
31 July

Overview

Year ended 31 July 2023 · annual report, signed / final · source

Source and wording notes

  • Wording in the auditor's report

    Key audit matter (not an emphasis-of-matter or material-uncertainty paragraph): 'The Company's liquidity position is seriously challenged by recording a negative Working Capital of GH¢4,946,297 ... the "going concern" of the Company is highly in doubt' (the table beneath prints working capital (GH¢5,209,883)); the opinion is unmodified (p6).

    Source: Meridian Marshalls Holdings Limited Consolidated Reports and Financial Statements for the year ended 31st July 2023 (dated 2023-12-14)

  • Revenue

    GHS 1.03 million

    1,026,908 GHS units · p9

    +0.1% vs 2022

  • Operating profit / (loss)

    Not reported in this filing

  • Profit / (loss) for the year

    −GHS 300,212

    (300,212) GHS units · p9

    Change not shown.

  • Total assets

    GHS 8.53 million

    8,527,459 GHS units · p10

    +0.2% vs 2022

  • Total equity

    GHS 1.23 million

    1,226,108 GHS units · p10

    −19.7% vs 2022

  • Cash from operations

    GHS 49,783

    49,783 GHS units · p12

    +558.8% vs 2022

Large amounts are rounded for reading (GHS million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Not shown: the prior-year figure is zero or negative.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in GHS units unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY to 31 Jul 2023 — annual report, signed / final; reported for the year · source
  • FY to 31 Jul 2022 — annual report, signed / final; comparative in the FY to 31 Jul 2023 filing · source

Income statement

Income statement, GHS units. Columns: FY to 31 Jul 2023 — annual report (signed / final), as reported for the year; FY to 31 Jul 2022 — annual report (signed / final), comparative reported in the annual report for 2023.
Line (as printed) FY to 31 Jul 2023Annual reportreported for the yearFY to 31 Jul 2022Annual reportcomparative in FY to 31 Jul 2023 filing
Tuition Fees and Registration Forms1 996,800 1,007,551
Other Fees and Charges2 30,108 18,444
TOTAL OPERATING INCOME 1,026,908 1,025,995
Less Direct Operating Cost: (638,491) (416,486)
Gross Profit 388,417 609,509
Other Income 21,055 10,526
Gross profit plus other income (unlabelled subtotal)3 409,472 620,035
General & Administrative Expenses (725,637) (743,774)
(Loss) before Taxation (316,165) (123,739)
Income Tax Expense 15,953 (67,343)
Other Comprehensive Income 0 0
(Loss) after Taxation Transferred to Retained Earnings Account (300,212) (191,082)
Notes and alternative reported figures (3)
  1. “Tuition Fees and Registration Forms” is an issuer-specific line, not mapped to a shared definition: School fee income: tuition fees and registration forms.
  2. “Other Fees and Charges” is an issuer-specific line, not mapped to a shared definition: Note 3: project work fees, letters, transcripts and other student charges.
  3. “Gross profit plus other income (unlabelled subtotal)” is an issuer-specific line, not mapped to a shared definition: Unlabelled subtotal printed after other income, before general and administrative expenses.

Balance sheet

Balance sheet, GHS units. Columns: FY to 31 Jul 2023 — annual report (signed / final), as reported for the year; FY to 31 Jul 2022 — annual report (signed / final), comparative reported in the annual report for 2023.
Line (as printed) FY to 31 Jul 2023Annual reportreported for the yearFY to 31 Jul 2022Annual reportcomparative in FY to 31 Jul 2023 filing
FIXED ASSETS 6,834,941 6,871,567
Students & Other Receivables 1,589,359 1,526,905
Cash and Bank Balances 103,159 109,891
Current assets (unlabelled subtotal under CURRENT ASSETS) 1,692,518 1,636,796
TOTAL ASSETS 8,527,459 8,508,363
Stated Capital 1,550,500 1,550,500
Retained Earnings (324,392) (24,180)
Equity (unlabelled subtotal under EQUITY) 1,226,108 1,526,320
Directors Long-Term Loan 398,950 398,950
Long-term liabilities (unlabelled subtotal under LONG - TERM LIABILITIES) 398,950 398,950
Bank Overdraft 0 15
Deferred Tax1 245,464 261,418
Current Tax 167,424 167,424
Other Accounts Payables 3,645,501 3,307,323
Directors Account2 2,844,012 2,846,913
Current liabilities (unlabelled subtotal under CURRENT LIABILITIES) 6,902,401 6,583,093
TOTAL LIABILITIES 7,301,351 6,982,043
TOTAL EQUITY AND LIABILITIES 8,527,459 8,508,363
Notes and alternative reported figures (2)
  1. “Deferred Tax”: mapping to a shared definition is uncertain. Deferred tax printed under CURRENT LIABILITIES and added into the printed current-liabilities subtotal (p10).
  2. “Directors Account”: mapping to a shared definition is uncertain. Directors' current account (note 13), printed under current liabilities.

Cash flow

Cash flow, GHS units. Columns: FY to 31 Jul 2023 — annual report (signed / final), as reported for the year; FY to 31 Jul 2022 — annual report (signed / final), comparative reported in the annual report for 2023.
Line (as printed) FY to 31 Jul 2023Annual reportreported for the yearFY to 31 Jul 2022Annual reportcomparative in FY to 31 Jul 2023 filing
Net Cash Inflow from Operating Activities 49,783 7,557
Tax paid 0 0
Purchase of Fixed Assets (56,500) (8,284)
(Decrease) in Cash and Cash Equivalents (6,717) (727)
Opening Cash and Bank Balance 109,876 110,603
Closing Cash & Bank Balance 103,159 109,876

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

No dividend statement or amount collected.

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • Meridian Marshalls Holdings Limited Consolidated Reports and Financial Statements for the year ended 31st July 2023

    Year ended 31 July 2023 · Annual report · signed / final

    Audit: VT Consult (Chartered Accountants), unmodified opinion · signed

    Auditor's sign-off: Abraham Odoi (ICAG/P/1546), for and on behalf of VT Consult

    Final status: Independent auditors' report (unmodified opinion, PDF p6) signed by hand for and on behalf of VT Consult (ICAG/F/2023/131), engagement partner Abraham Odoi (ICAG/P/1546), with the handwritten date 14th December 2023 (PDF p8, render checked). Statements approved by the board and signed by Dr Tetteh Nettey and Prof. Divine E.K. Amenumey (handwritten signatures), dated 13/12/23 by hand (PDF p10, render checked; also the directors' report, 13/12/2023, PDF p5).

    Document date
    14 Dec 2023
    Auditor's report
    14 Dec 2023
    Board approval
    13 Dec 2023
    Retrieved by us
    17 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 31 Jul 2023, FY to 31 Jul 2022
    Basis
    consolidated statements · GHS units (printed “GH¢”)
    • Statements are headed 'consolidated', but the auditor's report covers 'the Statement of Financial Position of the Company' and the notes describe the Company; no subsidiary is named (p6, p13). Deferred tax is printed under current liabilities (p10). No earnings per share, total comprehensive income, non-current assets, investing or financing subtotal is printed.
    Technical details
    File
    25 pages, with a text layer
    SHA-256
    da00d2762084f3d1c70a5537abe6a1a8f271890ff9b13d98fae55638b4c761a2
    Entity as printed
    MERIDIAN MARSHALLS HOLDINGS LIMITED
    Note
    PDF pages 5, 8 and 10 are scanned images (directors' report end, auditor's report end, statement of financial position); p10 values were read on the page render (OCR, archived, separates labels from amounts); unlabelled subtotals are labelled by their section heading.
    Exchange copy
    retrieved 2026-10-17T13:54:27Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text; read from the page image) (17 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.

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