Acorah Software Products - Accounts Production 15.0.600 false true false 14 December 2022 31 December 2023 31 December 2023 14540623 Mr Robert Digings Mrs Alison Digings iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14540623 2022-12-13 14540623 2023-12-31 14540623 2022-12-14 2023-12-31 14540623 frs-core:Non-currentFinancialInstruments 2023-12-31 14540623 frs-core:ShareCapital 2023-12-31 14540623 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14540623 frs-bus:PrivateLimitedCompanyLtd 2022-12-14 2023-12-31 14540623 frs-bus:FilletedAccounts 2022-12-14 2023-12-31 14540623 frs-bus:SmallEntities 2022-12-14 2023-12-31 14540623 frs-bus:AuditExempt-NoAccountantsReport 2022-12-14 2023-12-31 14540623 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-14 2023-12-31 14540623 frs-bus:Director1 2022-12-14 2023-12-31 14540623 frs-bus:Director2 2022-12-14 2023-12-31 14540623 frs-countries:EnglandWales 2022-12-14 2023-12-31
Registered number: 14540623
Meriam Homes Limited
Unaudited Financial Statements
For the Period 14 December 2022 to 31 December 2023
SAS Accounting Services Ltd
The Colchester Centre
Hawkins Road
Colchester
CO2 8JX
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 14540623
31 December 2023
Notes £ £
FIXED ASSETS
Investment Properties 4 310,360
310,360
CURRENT ASSETS
Debtors 5 2,350
Cash at bank and in hand 1,381
3,731
Creditors: Amounts Falling Due Within One Year 6 (480 )
NET CURRENT ASSETS (LIABILITIES) 3,251
TOTAL ASSETS LESS CURRENT LIABILITIES 313,611
Creditors: Amounts Falling Due After More Than One Year 7 (316,830 )
NET LIABILITIES (3,219 )
CAPITAL AND RESERVES
Called up share capital 8 100
Income Statement (3,319 )
SHAREHOLDERS' FUNDS (3,219)
Page 1
Page 2
For the period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 Income Statement.
On behalf of the board
Mr Robert Digings
Director
9th September 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
Meriam Homes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14540623 . The registered office is 31 Broomfield House, Lanswoodpark, Colchester, Essex, CO7 7FD.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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 income statement.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Investment Property
31 December 2023
£
Fair Value
As at 14 December 2022 -
Additions 310,360
As at 31 December 2023 310,360
5. Debtors
31 December 2023
£
Due within one year
Other debtors 2,350
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
31 December 2023
£
Other creditors 480
7. Creditors: Amounts Falling Due After More Than One Year
31 December 2023
£
Bank loans 176,830
Amounts owed to participating interests 140,000
316,830
8. Share Capital
31 December 2023
£
Allotted, Called up and fully paid 100
Page 4