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REGISTERED NUMBER: 14008680 (England and Wales)















Financial Statements for the Period 29 March 2022 to 31 March 2023

for

Windmill Meadows Limited

Windmill Meadows Limited (Registered number: 14008680)






Contents of the Financial Statements
for the Period 29 March 2022 to 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Windmill Meadows Limited

Company Information
for the Period 29 March 2022 to 31 March 2023







DIRECTOR: K Carmichael





REGISTERED OFFICE: Po Box 58
Ashbury House
Liverpool
L19 9WX





REGISTERED NUMBER: 14008680 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

Windmill Meadows Limited (Registered number: 14008680)

Balance Sheet
31 March 2023

Notes £    £   
FIXED ASSETS
Investment property 4 2,084,514

CURRENT ASSETS
Debtors 5 231,460
Cash at bank 38
231,498
CREDITORS
Amounts falling due within one year 6 4,313
NET CURRENT ASSETS 227,185
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,311,699

CREDITORS
Amounts falling due after more than one
year

7

2,772,863
NET LIABILITIES (461,164 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (461,264 )
(461,164 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Windmill Meadows Limited (Registered number: 14008680)

Balance Sheet - continued
31 March 2023


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 director and authorised for issue on 28 November 2023 and were signed by:





K Carmichael - Director


Windmill Meadows Limited (Registered number: 14008680)

Notes to the Financial Statements
for the Period 29 March 2022 to 31 March 2023

1. STATUTORY INFORMATION

Windmill Meadows Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

Windmill Meadows Limited (Registered number: 14008680)

Notes to the Financial Statements - continued
for the Period 29 March 2022 to 31 March 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 2,084,514
At 31 March 2023 2,084,514
NET BOOK VALUE
At 31 March 2023 2,084,514

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 224,800
Other debtors 6,660
231,460

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 4,313

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 2,772,863

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans due after 5 years 2,772,863

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 2,772,863

9. RELATED PARTY DISCLOSURES

K Carmichael is also a director of Cressington Holdings Limited, Ashbury Properties Limited and Malpas Estates Limited.

Included in debtors as at 31st March 2023 is £100 owing from Cressington Holdings Limited.

Included in other debtors as at 31st March 2023 is £6,660 owing from Ashbury Properties Limited.

Included in debtors as at 31st March 2023 is £224,700 owing from Malpas Estates Limited.

These loans are interest free and repayable on demand.