MEADOWHEAD COTTAGE LIMITED

Company Registration Number:
SC704110 (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 COTTAGE LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

MEADOWHEAD COTTAGE LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

9 months to 30 April 2023


£

£
Fixed assets
Tangible assets: 3 16,824 15,549
Total fixed assets: 16,824 15,549
Current assets
Debtors:     26,571
Cash at bank and in hand: 172
Total current assets: 172 26,571
Creditors: amounts falling due within one year:   (13,639) (18,259)
Net current assets (liabilities): (13,467) 8,312
Total assets less current liabilities: 3,357 23,861
Total net assets (liabilities): 3,357 23,861
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 3,355 23,859
Shareholders funds: 3,357 23,861

The notes form part of these financial statements

MEADOWHEAD COTTAGE 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 20 January 2025
and signed on behalf of the board by:

Name: J Crowe
Status: Director

The notes form part of these financial statements

MEADOWHEAD COTTAGE 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: Plant and Machinery - 25 Reducing balance Furniture & Fittings - 25 Reducing balance

MEADOWHEAD COTTAGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 9 months to 30 April 2023
Average number of employees during the period 2 0

MEADOWHEAD COTTAGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 18,883
Additions 3,500
At 30 April 2024 22,383
Depreciation
At 01 May 2023 3,334
Charge for year 2,225
At 30 April 2024 5,559
Net book value
At 30 April 2024 16,824
At 30 April 2023 15,549

MEADOWHEAD COTTAGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Loans to directors

Name of director receiving advance or credit: Jordan Crowe
Description of the loan: Loan from director
£
Balance at 01 May 2023 5,702
Advances or credits made: 26,202
Advances or credits repaid: 27,992
Balance at 30 April 2024 3,912

The loan is interest free and repayable on demand.

MEADOWHEAD COTTAGE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Related party transactions

Name of the related party: Catriona Balish
Relationship:
Shareholder
Description of the Transaction: Catriona Balish company shareholder paid expenses on behalf of the company during the period amounting to £3,912. At the balance sheet date the amount due to Catriona Balish amounted to £3,912. (2023 £5,701).
£
Balance at 01 May 2023 5,701
Balance at 30 April 2024 3,912