1 April 2022 false No description of principal activity Taxfiler 2023.9 11907549business:PrivateLimitedCompanyLtd2022-04-012023-03-31 119075492022-03-31 119075492022-04-012023-03-31 11907549business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 11907549business:FilletedAccounts2022-04-012023-03-31 119075492023-03-31 11907549business:Director12022-04-012023-03-31 11907549business:Director22022-04-012023-03-31 11907549business:RegisteredOffice2022-04-012023-03-31 119075492022-03-31 11907549core:WithinOneYear2023-03-31 11907549core:WithinOneYear2022-03-31 11907549core:AfterOneYear2023-03-31 11907549core:AfterOneYear2022-03-31 11907549core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 11907549core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 11907549core:RevaluationReservecore:PreviouslyStatedAmount2023-03-31 11907549core:RevaluationReservecore:PreviouslyStatedAmount2022-03-31 11907549core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11907549core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 11907549core:PreviouslyStatedAmount2023-03-31 11907549core:PreviouslyStatedAmount2022-03-31 11907549business:SmallEntities2022-04-012023-03-31 11907549countries:EnglandWales2022-04-012023-03-31 11907549core:LandBuildings2022-04-012023-03-31 11907549core:LandBuildings2022-03-31 11907549core:LandBuildings2023-03-31 119075492021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11907549 (England and Wales)
MERAKI PROPERTY GROUP LTD Unaudited accounts for the year ended 31 March 2023
MERAKI PROPERTY GROUP LTD Unaudited accounts Contents
Page
- 2 -
MERAKI PROPERTY GROUP LTD Company Information for the year ended 31 March 2023
Directors
CHAN, Jonathan WILDE, Alison
Company Number
11907549 (England and Wales)
Registered Office
3RD FLOOR, 10 ROYAL BUILDINGS PRINCESS WAY SWANSEA SA1 3LW WALES
- 3 -
MERAKI PROPERTY GROUP LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
223,363 
145,923 
Current assets
Debtors
47,194 
47,194 
Cash at bank and in hand
1,203 
12,721 
48,397 
59,915 
Creditors: amounts falling due within one year
(55,578)
(40,862)
Net current (liabilities)/assets
(7,181)
19,053 
Total assets less current liabilities
216,182 
164,976 
Creditors: amounts falling due after more than one year
(174,760)
(128,476)
Net assets
41,422 
36,500 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
36,766 
36,766 
Profit and loss account
4,556 
(366)
Shareholders' funds
41,422 
36,500 
For the year ending 31 March 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 25 September 2023 and were signed on its behalf by
CHAN, Jonathan Director Company Registration No. 11907549
- 4 -
MERAKI PROPERTY GROUP LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
MERAKI PROPERTY GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 11907549. The registered office is 3RD FLOOR, 10 ROYAL BUILDINGS, PRINCESS WAY, SWANSEA, SA1 3LW, WALES.
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 as modified by the revaluation of certain fixed assets.
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
Buildings 50 year straight line basis
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2022
150,000 
Additions
79,595 
At 31 March 2023
229,595 
Depreciation
At 1 April 2022
4,077 
Charge for the year
2,155 
At 31 March 2023
6,232 
Net book value
At 31 March 2023
223,363 
At 31 March 2022
145,923 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
47,194 
47,194 
- 5 -
MERAKI PROPERTY GROUP LTD Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
11,940 
- 
Taxes and social security
- 
1,224 
Other creditors
39,638 
39,638 
Loans from directors
4,000 
- 
55,578 
40,862 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
174,462 
128,476 
Other creditors
298 
- 
174,760 
128,476 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 6 -