Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity00falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09914538 2023-01-01 2023-12-31 09914538 2022-01-01 2022-12-31 09914538 2023-12-31 09914538 2022-12-31 09914538 c:Director1 2023-01-01 2023-12-31 09914538 d:Buildings 2023-01-01 2023-12-31 09914538 d:Buildings 2023-12-31 09914538 d:Buildings 2022-12-31 09914538 d:CurrentFinancialInstruments 2023-12-31 09914538 d:CurrentFinancialInstruments 2022-12-31 09914538 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09914538 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09914538 d:ShareCapital 2023-12-31 09914538 d:ShareCapital 2022-12-31 09914538 d:RetainedEarningsAccumulatedLosses 2023-12-31 09914538 d:RetainedEarningsAccumulatedLosses 2022-12-31 09914538 c:FRS102 2023-01-01 2023-12-31 09914538 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09914538 c:FullAccounts 2023-01-01 2023-12-31 09914538 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09914538 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company Registration Number: 09914538




















MELDRUM HOMES LTD LIMITED
UNAUDITED

FINANCIAL STATEMENTS
 31 DECEMBER 2023


















img5497.png

 
MELDRUM HOMES LTD LIMITED
REGISTERED NUMBER: 09914538

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
147,824

  
-
147,824

Current assets
  

Debtors: amounts falling due within one year
 5 
499
20

Cash at bank and in hand
 6 
2,393
14,503

  
2,892
14,523

Creditors: amounts falling due within one year
 7 
(2,872)
(177,601)

Net current assets/(liabilities)
  
 
 
20
 
 
(163,078)

Total assets less current liabilities
  
20
(15,254)

  

Net assets/(liabilities)
  
20
(15,254)


Capital and reserves
  

Called up share capital 
  
20
20

Profit and loss account
  
-
(15,274)

  
20
(15,254)


Page 1

 
MELDRUM HOMES LTD LIMITED
REGISTERED NUMBER: 09914538

BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mr D M Meldrum
Director

Date: 7 August 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
MELDRUM HOMES LTD LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Meldrum Homes Ltd Limited ('the company') is a private company limited by shares, incorporated and domiciled in England. The address of the registered office is given in the company information page of these financial statements.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company has net current liabilities due to amounts owed to related parties which will not require repayment if this will jeopardise the company's ability to continue as a going concern.
For this reason, in addition to the future plans for the company, management believe the going concern basis to be appropriate for the financial statements.

  
2.3

Tangible fixed assets and depreciation

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
MELDRUM HOMES LTD LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

  
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).


4.


Tangible fixed assets





Assets under construction

£





At 1 January 2023
147,824


Disposals
(147,824)



At 31 December 2023

-






Net book value



At 31 December 2023
-


5.


Debtors

2023
2022
£
£


Other debtors
479
-

Called up share capital not paid
20
20

499
20


Page 4

 
MELDRUM HOMES LTD LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,393
14,503

2,393
14,503



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
2,872
15

Other creditors
-
175,023

Accruals and deferred income
-
2,563

2,872
177,601



8.


Related party transactions

Included within other creditors is £Nil (2022: £175,022) owed to Meldrum Construction Services Limited, a company controlled by Mr D M Meldrum. The balance is interest free and repayable on demand.


Page 5