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REGISTERED NUMBER: 08522907 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Little Meadow Park Ltd

Little Meadow Park Ltd (Registered number: 08522907)

Contents of the Financial Statements
for the Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Little Meadow Park Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mrs E J Brown
S P Brown





REGISTERED OFFICE: 1 Little Meadow Park
Llanbrynmair
Powys
SY19 7DL





REGISTERED NUMBER: 08522907 (England and Wales)





ACCOUNTANTS: Morgan Griffiths LLP
Chartered Accountants
Cross Chambers
9 High Street
Newtown
Powys
SY16 2NY

Little Meadow Park Ltd (Registered number: 08522907)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 466,998 486,191

CURRENT ASSETS
Stocks 1,800 1,800
Debtors 5 38,421 34,914
Cash at bank 2,413 5,775
42,634 42,489
CREDITORS
Amounts falling due within one year 6 210,486 196,678
NET CURRENT LIABILITIES (167,852 ) (154,189 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

299,146

332,002

CREDITORS
Amounts falling due after more than one
year

7

428,514

430,200
NET LIABILITIES (129,368 ) (98,198 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (129,468 ) (98,298 )
(129,368 ) (98,198 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

Little Meadow Park Ltd (Registered number: 08522907)

Balance Sheet - continued
30 April 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 January 2025 and were signed on its behalf by:




Mrs E J Brown - Director



S P Brown - Director


Little Meadow Park Ltd (Registered number: 08522907)

Notes to the Financial Statements
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

Little Meadow Park Ltd 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.

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.

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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Little Meadow Park Ltd (Registered number: 08522907)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023 451,413 77,823 529,236
Additions - 550 550
Disposals - (23,500 ) (23,500 )
At 30 April 2024 451,413 54,873 506,286
DEPRECIATION
At 1 May 2023 - 43,045 43,045
Charge for year - 5,013 5,013
Eliminated on disposal - (8,770 ) (8,770 )
At 30 April 2024 - 39,288 39,288
NET BOOK VALUE
At 30 April 2024 451,413 15,585 466,998
At 30 April 2023 451,413 34,778 486,191

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 38,421 34,914

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 3,204 3,800
Trade creditors 1,201 914
Taxation and social security - 2,210
Other creditors 206,081 189,754
210,486 196,678

Little Meadow Park Ltd (Registered number: 08522907)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 13,514 15,200
Other creditors 415,000 415,000
428,514 430,200

8. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Other loans 426,873 423,522

Folk Nominee Limited hold a fixed charge on the freehold property Little Meadow Park, dated 7 August 2020.