Meadowbank Property Developments Ltd 12291536 false 2022-02-01 2023-01-31 2023-01-31 The principal activity of the company is that of the development of commercial property. Digita Accounts Production Advanced 6.30.9574.0 true false 12291536 2022-02-01 2023-01-31 12291536 2023-01-31 12291536 bus:OrdinaryShareClass1 2023-01-31 12291536 bus:OrdinaryShareClass2 2023-01-31 12291536 core:ShareCapital 2023-01-31 12291536 core:CurrentFinancialInstruments 2023-01-31 12291536 bus:SmallEntities 2022-02-01 2023-01-31 12291536 bus:Audited 2022-02-01 2023-01-31 12291536 bus:FullAccounts 2022-02-01 2023-01-31 12291536 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 12291536 bus:RegisteredOffice 2022-02-01 2023-01-31 12291536 bus:Director1 2022-02-01 2023-01-31 12291536 bus:Director2 2022-02-01 2023-01-31 12291536 bus:Director3 2022-02-01 2023-01-31 12291536 bus:OrdinaryShareClass1 2022-02-01 2023-01-31 12291536 bus:OrdinaryShareClass2 2022-02-01 2023-01-31 12291536 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 12291536 1 2022-02-01 2023-01-31 12291536 countries:EnglandWales 2022-02-01 2023-01-31 12291536 2020-11-01 2022-01-31 12291536 2022-01-31 12291536 bus:OrdinaryShareClass1 2022-01-31 12291536 bus:OrdinaryShareClass2 2022-01-31 12291536 core:ShareCapital 2022-01-31 12291536 core:CurrentFinancialInstruments 2022-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12291536

Meadowbank Property Developments Ltd
Filleted Financial Statements
for the Year Ended 31 January 2023

Meadowbank Property Developments Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Financial Statements | 3 to 5

Meadowbank Property Developments Ltd

Company Information

Directors | Mr D N Smith Mrs S Williams Mrs J I Smith

Registered office | Ground Floor, Seneca House Links Point, Amy Johnson Way Blackpool Lancashire FY4 2FF

Auditors | Crossley & Davis Chartered Accountants Senior Statutory Auditor Ground Floor Seneca House Links Point Amy Johnson Way Blackpool FY4 2FF

Meadowbank Property Developments Ltd

(Registration number: 12291536)
Balance Sheet as at 31 January 2023

| Note | 2023 £ | 2022 £
Current assets |  |  |
Debtors | 4 | 100 | 100
Capital and reserves |  |  |
Called up share capital | 5 | 100 | 100
Shareholders' funds |  | 100 | 100

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 3 October 2023 and signed on its behalf by:

......................................... Mr D N Smith Director

Meadowbank Property Developments Ltd

Notes to the Financial Statements for the Year Ended 31 January 2023

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Ground Floor, Seneca House
Links Point, Amy Johnson Way
Blackpool
Lancashire
FY4 2FF
England

These financial statements were authorised for issue by the Board on 3 October 2023.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 3 October 2023 was Mr P Swarbrick, who signed for and on behalf of Crossley & Davis Chartered Accountants.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Meadowbank Property Developments Ltd

Notes to the Financial Statements for the Year Ended 31 January 2023

Work in progress

Work in progress is stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, work in progress is assessed for impairment. If work in progress is impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2022 - 3).

4 | Debtors

Current | Note | 2023 £ | 2022 £
Amounts owed by related parties |  | 95 | 95
Other debtors |  | 5 | 5
|  | 100 | 100

Meadowbank Property Developments Ltd

Notes to the Financial Statements for the Year Ended 31 January 2023

5 | Share capital

Allotted, called up and fully paid shares

| 2023 | 2022
| No. | £ | No. | £
Ordinary shares of £1 each | 95 | 95 | 95 | 95
Ordinary A shares of £1 each | 5 | 5 | 5 | 5
| 100 | 100 | 100 | 100

6 | Relationship between entity and parents

The parent of the smallest group in which these financial statements are consolidated is Rayrigg Limited, incorporated in England and Wales.

The address of Rayrigg Limited is:
Ground Floor, Seneca House
Links Point, Amy Johnson Way
Blackpool
England
FY42FF