MEADOWHEAD EQUESTRIAN LIMITED

Company Registration Number:
SC697065 (Scotland)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

MEADOWHEAD EQUESTRIAN LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

MEADOWHEAD EQUESTRIAN LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 835,044 816,147
Total fixed assets: 835,044 816,147
Current assets
Stocks: 11,511 1,950
Debtors:   933
Cash at bank and in hand: 1,203 48,109
Total current assets: 13,647 50,059
Creditors: amounts falling due within one year:   (321,984) (315,375)
Net current assets (liabilities): (308,337) (265,316)
Total assets less current liabilities: 526,707 550,831
Creditors: amounts falling due after more than one year: 4 (509,353) (504,303)
Total net assets (liabilities): 17,354 46,528
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 17,352 46,526
Shareholders funds: 17,354 46,528

The notes form part of these financial statements

MEADOWHEAD EQUESTRIAN LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 January 2025
and signed on behalf of the board by:

Name: J Crowe
Status: Director

The notes form part of these financial statements

MEADOWHEAD EQUESTRIAN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.

Tangible fixed assets and depreciation policy

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Land & Buildings are valued as determined by the directors and not depreciated. Plant and Machinery - 25 Reducing balance

MEADOWHEAD EQUESTRIAN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

MEADOWHEAD EQUESTRIAN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 820,340
Additions 24,775
At 30 April 2024 845,115
Depreciation
At 01 May 2023 4,193
Charge for year 5,878
At 30 April 2024 10,071
Net book value
At 30 April 2024 835,044
At 30 April 2023 816,147

MEADOWHEAD EQUESTRIAN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due after more than one year note

On 6th October 2023 the company granted a Standard Security over the property of the company in favour of HSBC UK Bank Plc.

MEADOWHEAD EQUESTRIAN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Loans to directors

Name of director receiving advance or credit: Jordan Crowe
Description of the loan: Loan from director
£
Balance at 01 May 2023 132,603
Advances or credits made: 14,741
Balance at 30 April 2024 147,344
Name of director receiving advance or credit: Catriona Balish
Description of the loan: Loan from director
£
Balance at 01 May 2023 132,602
Advances or credits made: 14,740
Balance at 30 April 2024 147,342

The loan is interest free and repayable on demand.

MEADOWHEAD EQUESTRIAN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Related party transactions

Name of the related party: Meadowhead Cottage Limited
Relationship:
common control
Description of the Transaction: During the year the company received funds and paid expenses on behalf Meadowhead Cottage Limited a company under common control. At the balance sheet date the amount owed from the company amounted to £0. (2023 £26,571.
£
Balance at 01 May 2023 26,571
Balance at 30 April 2024 0