2023-06-01 SC698666 2024-05-31 SC698666 2023-06-01 2024-05-31 SC698666 2023-05-31 SC698666 2022-06-01 2023-05-31 SC698666 uk-core:WithinOneYear 2023-05-31 SC698666 uk-core:WithinOneYear 2024-05-31 SC698666 uk-core:AfterOneYear 2023-05-31 SC698666 uk-core:AfterOneYear 2024-05-31 SC698666 uk-core:ShareCapital 2024-05-31 SC698666 uk-core:ShareCapital 2023-05-31 SC698666 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 SC698666 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 SC698666 uk-bus:Director1 2023-06-01 2024-05-31 SC698666 uk-core:ToolsEquipment 2023-06-01 2024-05-31 SC698666 uk-core:ComputerEquipment 2023-06-01 2024-05-31 SC698666 uk-core:ComputerEquipment 2023-05-31 SC698666 uk-core:CommercialMotorVehicles 2023-05-31 SC698666 uk-core:ToolsEquipment 2023-05-31 SC698666 uk-core:CommercialMotorVehicles 2023-06-01 2024-05-31 SC698666 uk-core:ToolsEquipment 2024-05-31 SC698666 uk-core:CommercialMotorVehicles 2024-05-31 SC698666 uk-core:ComputerEquipment 2024-05-31 SC698666 uk-core:WithinOneYear uk-core:Secured 2024-05-31 SC698666 uk-core:WithinOneYear uk-core:Secured 2023-05-31 iso4217:GBP xbrli:pure SC698666 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 SC698666 uk-bus:FRS102 2023-06-01 2024-05-31 SC698666 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 SC698666 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Meadowmill Shed's Ltd
Registered Number:SC698666
For the year ended 31 May 2024
Scotland
Unaudited Financial Statements
2
For the year ended 31 May 2024
Meadowmill Shed's Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
SC698666
As at 31 May 2024
Meadowmill Shed's Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
13,586
17,870
2
13,586
17,870
Current assets
Inventories
5,000
5,000
3
Trade and other receivables
1,393
-
4
5,613
Cash and cash equivalents
12,170
17,170
12,006
Trade and other payables: amounts falling due within one
year
(15,433)
(11,047)
5
(3,427)
6,123
Net current assets
Total assets less current liabilities
19,709
14,443
Trade and other payables: amounts falling due after more
than one year
-
(5,274)
6
14,435
Net assets
14,443
Capital and reserves
Called up share capital
100
100
Retained earnings
14,335
14,343
14,435
14,443
Shareholders' funds
For the year ended 31 May 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year 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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Amanda Anderson Director
These financial statements were approved and authorised for issue by the Board on 06 January 2025 and were signed by:
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4
Registered Number :
SC698666
For the year ended 31 May 2024
Meadowmill Shed's Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 May 2024
Meadowmill Shed's Ltd
Notes to the Financial Statements
Statutory Information
Meadowmill Shed's Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number
SC698666.
Registered address:
6 Meadowmill Cottage
Tranent
EH33 1LZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
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
25 Reducing balance
Computer Equipment
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 June 2023
24,127
125
22,893
1,109
246
-
-
246
Additions
At 31 May 2024
1,355
22,893
125
24,373
Provision for depreciation and impairment
At 01 June 2023
6,257
62
5,723
472
Charge for year
4,530
16
4,293
221
At 31 May 2024
10,787
78
10,016
693
At 31 May 2024
Net book value
662
12,877
47
13,586
At 31 May 2023
637
17,170
63
17,870
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6
For the year ended 31 May 2024
Meadowmill Shed's Ltd
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
5,000
5,000
4. Trade and other receivables
2023
2024
£
£
Other debtors
-
1,393
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
1,808
8,891
Taxation and social security
2,791
3,164
Other creditors
6,448
3,378
11,047
15,433
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
5,274
-
7. Average number of persons employed
During the year the average number of employees was 2 (2023 : 3)
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