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REGISTERED NUMBER: 03443215 (England and Wales)















Financial Statements for the Year Ended 31 October 2023

for

Meadow Laboratories Limited

Meadow Laboratories Limited (Registered number: 03443215)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Meadow Laboratories Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: Miss L J Topping
A Roberts





SECRETARY: Miss L J Topping





REGISTERED OFFICE: Room T03
103 Cranbrook Road
Ilford
Essex
IG1 4PU





REGISTERED NUMBER: 03443215 (England and Wales)





ACCOUNTANTS: Maurice Lake & Co Limited
Accountants and
Taxation Consultants
Maulak Chambers
The Centre
High Street
Halstead
Essex
CO9 2AJ

Meadow Laboratories Limited (Registered number: 03443215)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,436 2,727
Investments 5 552,236 533,148
553,672 535,875

CURRENT ASSETS
Stocks 19,662 6,796
Debtors 6 91,300 171,925
Prepayments and accrued income 2,473 1,355
Cash at bank 228,350 202,159
341,785 382,235
CREDITORS
Amounts falling due within one year 7 86,338 91,968
NET CURRENT ASSETS 255,447 290,267
TOTAL ASSETS LESS CURRENT
LIABILITIES

809,119

826,142

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 809,117 826,140
809,119 826,142

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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.

Meadow Laboratories Limited (Registered number: 03443215)

Balance Sheet - continued
31 October 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 Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by:




A Roberts - Director



Miss L J Topping - Director


Meadow Laboratories Limited (Registered number: 03443215)

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

1. STATUTORY INFORMATION

Meadow Laboratories 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.

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 as modified by the revaluation of certain assets.

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 reducing balance and at varying rates on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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 year was 1 (2022 - 2 ) .

Meadow Laboratories Limited (Registered number: 03443215)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Office and
equipment fittings Totals
£    £    £   
COST
At 1 November 2022
and 31 October 2023 37,611 8,568 46,179
DEPRECIATION
At 1 November 2022 34,884 8,568 43,452
Charge for year 1,291 - 1,291
At 31 October 2023 36,175 8,568 44,743
NET BOOK VALUE
At 31 October 2023 1,436 - 1,436
At 31 October 2022 2,727 - 2,727

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 November 2022 533,148
Revaluations 19,088
At 31 October 2023 552,236
NET BOOK VALUE
At 31 October 2023 552,236
At 31 October 2022 533,148

Cost or valuation at 31 October 2023 is represented by:

Other
investments
£   
Valuation in 2021 516,618
Valuation in 2022 16,530
Valuation in 2023 19,088
552,236

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 37,347 119,047
Other debtors 53,953 52,878
91,300 171,925

Meadow Laboratories Limited (Registered number: 03443215)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 51,329 63,943
Taxation and social security 4,822 649
Other creditors 30,187 27,376
86,338 91,968