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REGISTERED NUMBER: 03891334















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Meltham Properties (2012) Limited

Meltham Properties (2012) Limited (Registered number: 03891334)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Meltham Properties (2012) Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: R Collinge





REGISTERED OFFICE: 4 Greenfield Road
Holmfirth
HD9 2JT





REGISTERED NUMBER: 03891334





ACCOUNTANTS: Langricks (Holmfirth) Limited
4 Greenfield Road
Holmfirth
West Yorkshire
HD9 2JT

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Meltham Properties (2012) Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Meltham Properties (2012) Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Meltham Properties (2012) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Meltham Properties (2012) Limited and state those matters that we have agreed to state to the director of Meltham Properties (2012) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Meltham Properties (2012) Limited and its director for our work or for this report.

It is your duty to ensure that Meltham Properties (2012) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Meltham Properties (2012) Limited. You consider that Meltham Properties (2012) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Meltham Properties (2012) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Langricks (Holmfirth) Limited
4 Greenfield Road
Holmfirth
West Yorkshire
HD9 2JT


9 May 2025

Meltham Properties (2012) Limited (Registered number: 03891334)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Investments 4 46,335 46,335
Investment property 5 9,125,000 8,425,000
9,171,335 8,471,335

CURRENT ASSETS
Debtors 6 207,977 82,232
Investments 7 529,824 -
Cash at bank 142,350 719,990
880,151 802,222
CREDITORS
Amounts falling due within one year 8 404,538 4,424,523
NET CURRENT ASSETS/(LIABILITIES) 475,613 (3,622,301 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,646,948

4,849,034

CREDITORS
Amounts falling due after more than one
year

9

(3,925,982

)

-

PROVISIONS FOR LIABILITIES (251,437 ) (43,680 )
NET ASSETS 5,469,529 4,805,354

CAPITAL AND RESERVES
Called up share capital 22,919 22,919
Fair value reserve 622,802 -
Retained earnings 4,823,808 4,782,435
5,469,529 4,805,354

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Meltham Properties (2012) Limited (Registered number: 03891334)

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 May 2025 and were signed by:





R Collinge - Director


Meltham Properties (2012) Limited (Registered number: 03891334)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Meltham Properties (2012) Limited is a private company, limited by shares , registered in Not specified/Other. 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Meltham Properties (2012) Limited (Registered number: 03891334)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 January 2024
and 31 December 2024 46,335
NET BOOK VALUE
At 31 December 2024 46,335
At 31 December 2023 46,335

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 8,425,000
Revaluations 700,000
At 31 December 2024 9,125,000
NET BOOK VALUE
At 31 December 2024 9,125,000
At 31 December 2023 8,425,000

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2024 700,000
Cost 8,425,000
9,125,000

If investment property had not been revalued it would have been included at the following historical cost:

31.12.24 31.12.23
£    £   
Cost 8,425,000 8,425,000

Investment property was valued on an open market basis on 9 December 2024 by CBRE Limited .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 360 2,310
Other debtors 207,617 79,922
207,977 82,232

Meltham Properties (2012) Limited (Registered number: 03891334)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CURRENT ASSET INVESTMENTS
31.12.24 31.12.23
£    £   
Listed investments 529,824 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 153,580 4,233,142
Trade creditors 44,667 20,476
Taxation and social security 191,309 153,348
Other creditors 14,982 17,557
404,538 4,424,523

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans 3,925,982 -

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
R Collinge
Balance outstanding at start of year - -
Amounts advanced 477,628 -
Amounts repaid (392,841 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 84,787 -