Registered number
11259163
MEADOW HOUSE PROPERTY LTD
Filleted Accounts
31 March 2024
MEADOW HOUSE PROPERTY LTD
Registered number: 11259163
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 10,397,565 7,766,813
Current assets
Debtors 4 324,710 811,110
Cash at bank and in hand 1,240 2,765
325,950 813,875
Creditors: amounts falling due within one year 5 (3,882,193) (3,273,359)
Net current liabilities (3,556,243) (2,459,484)
Total assets less current liabilities 6,841,322 5,307,329
Creditors: amounts falling due after more than one year 6 (6,858,527) (5,316,849)
Net liabilities (17,205) (9,520)
Capital and reserves
Called up share capital 100 100
Profit and loss account (17,305) (9,620)
Shareholder's funds (17,205) (9,520)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Harpreet Kaur
Director
Approved by the board on 24 March 2025
MEADOW HOUSE PROPERTY LTD
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2023 7,766,813
Additions 2,630,752
At 31 March 2024 10,397,565
Depreciation
At 31 March 2024 -
Net book value
At 31 March 2024 10,397,565
At 31 March 2023 7,766,813
4 Debtors 2024 2023
£ £
Other debtors 324,710 811,110
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 673 30,813
Amounts owed to group undertakings and undertakings in which the company has a participating interest 2,404,754 1,513,150
Taxation and social security costs 3,245 3,011
Other creditors 1,473,521 1,726,385
3,882,193 3,273,359
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 6,858,527 5,316,849
7 Related party transactions 2024 2022
£ £
BCL Group Limited
Common director
Included within amounts owed to group undertakings is an
amount payable of:
2,391,254 1,513,150
Equipoise House Property Ltd
Common director
Included within amounts owed to group undertakings is an
amount payable of:
- -
8 Controlling party
The company is under the control of BCL Group Limited and Oberoi Group UK Ltd.
9 Other information
MEADOW HOUSE PROPERTY LTD is a private company limited by shares and incorporated in England. Its registered office is:
Unit 9 Hounslow Business Park
Alice Way
Hounslow
Middlesex
TW3 3UD
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