IRIS Accounts Production v23.2.0.158 08990314 Board of Directors 31.10.21 30.10.22 30.10.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089903142021-10-30089903142022-10-30089903142021-10-312022-10-30089903142020-10-30089903142020-10-312021-10-30089903142021-10-3008990314ns10:Originalns15:EnglandWales2021-10-312022-10-3008990314ns14:PoundSterlingns10:Original2021-10-312022-10-3008990314ns10:Originalns10:Director12021-10-312022-10-3008990314ns10:Original2021-10-312022-10-3008990314ns10:Original2022-10-3008990314ns10:Originalns10:PrivateLimitedCompanyLtd2021-10-312022-10-3008990314ns10:Originalns10:SmallEntities2021-10-312022-10-3008990314ns10:Originalns10:AuditExempt-NoAccountantsReport2021-10-312022-10-3008990314ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2021-10-312022-10-3008990314ns10:SmallCompaniesRegimeForAccountsns10:Original2021-10-312022-10-3008990314ns10:Originalns10:FullAccounts2021-10-312022-10-3008990314ns10:Originalns10:Director22021-10-312022-10-3008990314ns10:Originalns10:Director32021-10-312022-10-3008990314ns10:CompanySecretary1ns10:Original2021-10-312022-10-3008990314ns10:Originalns10:RegisteredOffice2021-10-312022-10-3008990314ns10:Original2021-10-3008990314ns10:Originalns5:CurrentFinancialInstruments2022-10-3008990314ns10:Originalns5:CurrentFinancialInstruments2021-10-3008990314ns10:Originalns5:Non-currentFinancialInstruments2022-10-3008990314ns10:Originalns5:Non-currentFinancialInstruments2021-10-3008990314ns5:ShareCapitalns10:Original2022-10-3008990314ns5:ShareCapitalns10:Original2021-10-3008990314ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-10-3008990314ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-10-3008990314ns10:Originalns5:PlantMachinery2021-10-312022-10-3008990314ns10:Original2020-10-312021-10-3008990314ns10:Originalns5:PlantMachinery2021-10-3008990314ns10:Originalns5:PlantMachinery2022-10-3008990314ns10:Originalns5:PlantMachinery2021-10-3008990314ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3008990314ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-10-3008990314ns10:Originalns5:Non-currentFinancialInstruments2021-10-312022-10-30
REGISTERED NUMBER: 08990314 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 October 2022

for

Sky Meridian Real Estate Ltd

Sky Meridian Real Estate Ltd (Registered number: 08990314)






Contents of the Financial Statements
for the Year Ended 30 October 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sky Meridian Real Estate Ltd

Company Information
for the Year Ended 30 October 2022







DIRECTORS: S Chudasama
Mrs R Chudasama
N Chudasama





SECRETARY:





REGISTERED OFFICE: 37 Pangbourne Drive
Stanmore
Middlesex
HA7 4RA





REGISTERED NUMBER: 08990314 (England and Wales)





ACCOUNTANTS: Chancellers LLP
64 Wilbury Way
Hitchin
Hertfordshire
SG4 0TP

Sky Meridian Real Estate Ltd (Registered number: 08990314)

Balance Sheet
30 October 2022

30.10.22 30.10.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 49 71

CURRENT ASSETS
Debtors 5 136,369 109,499
Cash at bank 32 1,783
136,401 111,282
CREDITORS
Amounts falling due within one year 6 2,500 2,500
NET CURRENT ASSETS 133,901 108,782
TOTAL ASSETS LESS CURRENT
LIABILITIES

133,950

108,853

CREDITORS
Amounts falling due after more than one
year

7

610,011

571,609
NET LIABILITIES (476,061 ) (462,756 )

CAPITAL AND RESERVES
Called up share capital 103 103
Retained earnings (476,164 ) (462,859 )
SHAREHOLDERS' FUNDS (476,061 ) (462,756 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 October 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Sky Meridian Real Estate Ltd (Registered number: 08990314)

Balance Sheet - continued
30 October 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 October 2023 and were signed on its behalf by:





S Chudasama - Director


Sky Meridian Real Estate Ltd (Registered number: 08990314)

Notes to the Financial Statements
for the Year Ended 30 October 2022

1. STATUTORY INFORMATION

Sky Meridian Real Estate Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31 October 2021
and 30 October 2022 1,350
DEPRECIATION
At 31 October 2021 1,279
Charge for year 22
At 30 October 2022 1,301
NET BOOK VALUE
At 30 October 2022 49
At 30 October 2021 71

5. DEBTORS
30.10.22 30.10.21
£    £   
Amounts falling due within one year:
Other debtors 947 1,177

Sky Meridian Real Estate Ltd (Registered number: 08990314)

Notes to the Financial Statements - continued
for the Year Ended 30 October 2022

5. DEBTORS - continued
30.10.22 30.10.21
£    £   
Amounts falling due after more than one year:
Amounts owed by group undertakings 135,422 108,322

Aggregate amounts 136,369 109,499

Debtors includes the sum of £135,422 due by Cam Heights Ltd which is controlled by the Directors.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.10.22 30.10.21
£    £   
Other creditors 2,500 2,500

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.10.22 30.10.21
£    £   
Bank loans 49,696 50,000
Other creditors 560,315 521,609
610,011 571,609

Creditors includes the sum of £40,777 due to Setha Sparrow Lane Ltd which is controlled by the Directors.

Bank Loan represents the government bounce back loan.

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The amount shown under Directors' Loan Accounts represents transactions from its director to supplement the working capital requirements of the company.


30.10.22 30.10.21
£ £

Mr S Chudasama 405,093 407,164
Mr N Chudasama 47,750 47,750
Mrs R Chudasama 66,695 66,695
----------- ----------
519,538 521,609
----------- ----------

9. RELATED PARTY DISCLOSURES

CONTROL DISCLOSURE

The company was controlled throughout the period by its director Mr S Chudasama by virtue of his majority holdings of the ordinary shares of the company.