Credit Note — Meridian Textiles Ltd

VAT DocumentCredit Note

Credit Note No.CN-2026-0114

Issue Date12 May 2026

Tax Point12 May 2026

Credit To

Aldgate Interiors Ltd

22 Leadenhall Court, London EC3V 1LP · Account ALD-0337

VAT GB 318 4427 90

Against Original Invoice

INV-2026-0381

Invoice dated 18 April 2026 · Net 30

Description of Credit Qty Unit (Net) Credit (Net)

Overcharge — Belgian linen, 280gsm (Slate)

Billed at £42.00/m on INV-0381; agreed contract rate £36.00/m. Crediting £6.00/m difference.

48.0 m

(£6.00)

(£288.00)

Short delivery — Cotton sateen lining (Ivory)

Invoiced 30m; 24m received and accepted. Crediting 6m never shipped.

6.0 m

(£14.50)

(£87.00)

Carriage adjustment

Express surcharge applied in error on INV-0381; standard carriage was used.

(£25.00)

Net Credit (Goods + Carriage)(£400.00)

VAT reversed @ 20%(£80.00)

Total Credit (£480.00)

Reason for Credit

Reconciliation of INV-2026-0381 following the April account review: the Belgian linen was billed above the agreed contract rate, six metres of sateen lining were invoiced but never shipped, and an express-carriage surcharge was applied in error. This note corrects all three.

How This Credit Is Applied

The total credit of £480.00 has been applied to account ALD-0337 and will be set against your next invoice. No payment is requested. The reversed VAT has been adjusted in the period 05/2026 return.

Original Invoice Net / VAT

£2,140.00 / £428.00

Revised Net / VAT Payable

£1,740.00 / £348.00

Revised Invoice Total

£2,088.00