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REGISTERED NUMBER: 11023041 (England and Wales)















Unaudited Financial Statements

for the Period 1 March 2023 to 1 March 2024

for

Meraki Estates Limited

Meraki Estates Limited (Registered number: 11023041)






Contents of the Financial Statements
for the Period 1 March 2023 to 1 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Meraki Estates Limited

Company Information
for the Period 1 March 2023 to 1 March 2024







DIRECTOR: J Donlon





REGISTERED OFFICE: 19 Beech Avenue
Sidcup
Kent
DA15 8NH





REGISTERED NUMBER: 11023041 (England and Wales)





ACCOUNTANTS: A Star Accountancy Limited
Chartered Certified Accountants
19 Beech Avenue
Sidcup
Kent
DA15 8NH

Meraki Estates Limited (Registered number: 11023041)

Abridged Balance Sheet
1 March 2024

1.3.24 28.2.23
as restated
Notes £ £ £
FIXED ASSETS
Tangible assets 4 1,833,715 955,688

CURRENT ASSETS
Stocks (25,500 ) -
Debtors 55,879 3,906
Cash at bank and in hand 34 147,196
30,413 151,102
CREDITORS
Amounts falling due within one year 539,301 219,579
NET CURRENT LIABILITIES (508,888 ) (68,477 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,324,827

887,211

CREDITORS
Amounts falling due after more than one
year

5

(1,270,294

)

(827,891

)

PROVISIONS FOR LIABILITIES (11,034 ) (264 )
NET ASSETS 43,499 59,056

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 43,399 58,956
43,499 59,056

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 1 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 1 March 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.

Meraki Estates Limited (Registered number: 11023041)

Abridged Balance Sheet - continued
1 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 1 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 31 May 2025 and were signed by:





J Donlon - Director


Meraki Estates Limited (Registered number: 11023041)

Notes to the Financial Statements
for the Period 1 March 2023 to 1 March 2024

1. STATUTORY INFORMATION

Meraki Estates Limited 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Meraki Estates Limited (Registered number: 11023041)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 1 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1 March 2023 975,142
Additions 894,074
At 1 March 2024 1,869,216
DEPRECIATION
At 1 March 2023 19,454
Charge for period 16,047
At 1 March 2024 35,501
NET BOOK VALUE
At 1 March 2024 1,833,715
At 28 February 2023 955,688

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£
COST
At 1 March 2023
and 1 March 2024 1,388
DEPRECIATION
At 1 March 2023 925
Charge for period 463
At 1 March 2024 1,388
NET BOOK VALUE
At 1 March 2024 -
At 28 February 2023 463

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
1.3.24 28.2.23
as restated
£ £
Repayable by instalments
Other loans more 5yrs instal 1,270,294 827,371

Meraki Estates Limited (Registered number: 11023041)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 1 March 2024

6. SECURED DEBTS

The following secured debts are included within creditors:

1.3.24 28.2.23
as restated
£ £
Other loans 1,296,464 853,541
Hire purchase contracts - 520
1,296,464 854,061

7. ULTIMATE CONTROLLING PARTY

The controlling party is J Donlon.

The ultimate controlling party is J Donlon.