Acorah Software Products - Accounts Production 14.5.601 false true true 28 February 2023 1 March 2022 false 1 March 2023 31 May 2023 31 May 2023 12453663 Mr Steven Hodgson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12453663 2023-02-28 12453663 2023-05-31 12453663 2023-03-01 2023-05-31 12453663 frs-core:CurrentFinancialInstruments 2023-05-31 12453663 frs-core:Non-currentFinancialInstruments 2023-05-31 12453663 frs-core:ShareCapital 2023-05-31 12453663 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 12453663 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2023-05-31 12453663 frs-bus:FilletedAccounts 2023-03-01 2023-05-31 12453663 frs-bus:SmallEntities 2023-03-01 2023-05-31 12453663 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2023-05-31 12453663 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2023-05-31 12453663 frs-bus:Director1 2023-03-01 2023-05-31 12453663 frs-bus:Director1 2023-02-28 12453663 frs-bus:Director1 2023-05-31 12453663 frs-countries:EnglandWales 2023-03-01 2023-05-31 12453663 2022-02-28 12453663 2023-02-28 12453663 2022-03-01 2023-02-28 12453663 frs-core:CurrentFinancialInstruments 2023-02-28 12453663 frs-core:Non-currentFinancialInstruments 2023-02-28 12453663 frs-core:ShareCapital 2023-02-28 12453663 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 12453663
Meldon Property Investments Ltd
Unaudited Financial Statements
For the Period 1 March 2023 to 31 May 2023
Brown, March and Bowman Ltd
CPAA
4 Tyne View
Newcastle Upon Tyne
NE15 8DE
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12453663
31 May 2023 28 February 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 90,403 -
90,403 -
CURRENT ASSETS
Debtors 5 200 41,602
Cash at bank and in hand 409 147
609 41,749
Creditors: Amounts Falling Due Within One Year 6 (56,873 ) (5,909 )
NET CURRENT ASSETS (LIABILITIES) (56,264 ) 35,840
TOTAL ASSETS LESS CURRENT LIABILITIES 34,139 35,840
Creditors: Amounts Falling Due After More Than One Year 7 (35,934 ) (37,183 )
NET LIABILITIES (1,795 ) (1,343 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (1,796 ) (1,344 )
SHAREHOLDERS' FUNDS (1,795) (1,343)
Page 1
Page 2
For the period ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Steven Hodgson
Director
12/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Meldon Property Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12453663 . The registered office is 10 Meldon Avenue, Newcastle Upon Tyne, NE3 2AT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2023: 1)
1 1
4. Investment Property
31 May 2023
£
Fair Value
As at 1 March 2023 -
Additions 90,403
As at 31 May 2023 90,403
5. Debtors
31 May 2023 28 February 2023
£ £
Due within one year
Corporation tax recoverable assets 200 -
Director's loan account - 41,602
200 41,602
6. Creditors: Amounts Falling Due Within One Year
31 May 2023 28 February 2023
£ £
Trade creditors 1 421
Bank loans and overdrafts 5,100 5,128
Accruals and deferred income 620 360
Director's loan account 51,152 -
56,873 5,909
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
31 May 2023 28 February 2023
£ £
Bank loans 35,934 37,183
35,934 37,183
8. Share Capital
31 May 2023 28 February 2023
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 March 2023 Amounts advanced Amounts repaid Amounts written off As at 31 May 2023
£ £ £ £ £
Mr Steven Hodgson 41,602 - 41,602 - -
The above loan is unsecured, charged at 2% and repayable on demand.
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