MEREDITH FARMERS LIMITED

Company Registration Number:
06340012 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

MEREDITH FARMERS LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MEREDITH FARMERS LIMITED

Company Information

for the Period Ended 31 August 2024




Director: John H Meredith
Secretary: Mary Meredith
Registered office: Low Barn
Church Farm, Thurlby Road,
Bassingham,
Lincoln.
Lincolnshire
LN6 9LQ
Company Registration Number: 06340012 (England and Wales)

MEREDITH FARMERS LIMITED

Directors' Report Period Ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal Activities

Setting Out Services To The Construction Industry

Directors

The directors shown below have held office during the whole of the period from 01 September 2023 to 31 August 2024
John H Meredith

Secretary
Mary Meredith

This report was approved by the board of directors on 23 February 2025
And Signed On Behalf Of The Board By:

Name: John H Meredith
Status: Director

MEREDITH FARMERS LIMITED

Profit and Loss Account

for the Period Ended 31 August 2024


Notes

2024
£

2023
£
Turnover 426,995 203,997
Cost of sales ( 119,206 ) ( 136,889 )
Gross Profit or (Loss) 307,789 67,108
Administrative Expenses ( 177,300 ) ( 83,833 )
Operating Profit or (Loss) 130,489 ( 16,725 )
Interest Payable and Similar Charges ( 543 ) ( 328 )
Profit or (Loss) Before Tax 129,946 ( 17,053 )
Tax on Profit - ( 0 )
Profit or (Loss) for Period 129,946 ( 17,053 )

The notes form part of these financial statements

MEREDITH FARMERS LIMITED

Balance sheet

As at 31 August 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 189,017 35,699
Total fixed assets: 189,017 35,699
Current assets
Debtors: 5 28,968 3,209
Cash at bank and in hand: 6,200 4,908
Total current assets: 35,168 8,117
Creditors: amounts falling due within one year: 6 ( 6,165 ) ( 7,012 )
Net current assets (liabilities): 29,003 1,105
Total assets less current liabilities: 218,020 36,804
Creditors: amounts falling due after more than one year: 7 ( 88,030 ) ( 30,945 )
Total net assets (liabilities): 129,990 5,859

The notes form part of these financial statements

MEREDITH FARMERS LIMITED

Balance sheet continued

As at 31 August 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 129,989 5,858
Shareholders funds: 129,990 5,859

For the year ending 31 August 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.

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

This report was approved by the board of directors on 23 February 2025
And Signed On Behalf Of The Board By:

Name: John H Meredith
Status: Director

The notes form part of these financial statements

MEREDITH FARMERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

MEREDITH FARMERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

    Director Only

MEREDITH FARMERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

MEREDITH FARMERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 September 2023 227,183 227,183
Additions 216,324 216,324
Disposals - -
Revaluations - -
Transfers - -
At 31 August 2024 443,507 443,507
Depreciation
At 01 September 2023 191,484 191,484
Charge for year 63,006 63,006
On disposals - -
Other adjustments - -
At 31 August 2024 254,490 254,490
Net book value
At 31 August 2024 189,017 189,017
At 31 August 2023 35,699 35,699

MEREDITH FARMERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors


2024
£

2023
£
Trade debtors 28,968 3,209
Total 28,968 3,209

MEREDITH FARMERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 5,815 6,467
Other creditors 350 545
Total 6,165 7,012

MEREDITH FARMERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Amounts due under finance leases and hire purchase contracts 88,030 30,945
Total 88,030 30,945