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REGISTERED NUMBER: 14860128 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 10 MAY 2023 TO 31 MAY 2024

FOR

MERON ESTATES LTD

MERON ESTATES LTD (REGISTERED NUMBER: 14860128)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 10 MAY 2023 TO 31 MAY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


MERON ESTATES LTD

COMPANY INFORMATION
FOR THE PERIOD 10 MAY 2023 TO 31 MAY 2024







DIRECTOR: I Sternlicht





REGISTERED OFFICE: 99 Ravensdale Road
London
N16 6TH





REGISTERED NUMBER: 14860128 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

MERON ESTATES LTD (REGISTERED NUMBER: 14860128)

STATEMENT OF FINANCIAL POSITION
31 MAY 2024

Notes £   
FIXED ASSETS
Investment property 4 181,072

CURRENT ASSETS
Cash at bank 14,363

CREDITORS
Amounts falling due within one year 5 (203,596 )
NET CURRENT LIABILITIES (189,233 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,161

)

CAPITAL AND RESERVES
Called up share capital 8 1
Retained earnings 9 (8,162 )
SHAREHOLDERS' FUNDS (8,161 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 February 2025 and were signed by:





I Sternlicht - Director


MERON ESTATES LTD (REGISTERED NUMBER: 14860128)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 10 MAY 2023 TO 31 MAY 2024

1. STATUTORY INFORMATION

Meron Estates 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net rent receivable, excluding value added tax.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 181,072
At 31 May 2024 181,072
NET BOOK VALUE
At 31 May 2024 181,072

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts (see note 6) 126,000
Other creditors 77,056
Accrued expenses 540
203,596

6. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due within one year or on demand:
Bank loans 126,000

MERON ESTATES LTD (REGISTERED NUMBER: 14860128)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 10 MAY 2023 TO 31 MAY 2024

7. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 126,000

Long term bank loan is secured by first charge over the company's investment property and bear interest at variable rates.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1 Ordinary £1 1

9. RESERVES
Retained
earnings
£   

Deficit for the period (8,162 )
At 31 May 2024 (8,162 )

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is I Sternlicht.