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REGISTERED NUMBER: 00762465 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

MERRILEE DEVELOPMENTS LIMITED

MERRILEE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 00762465)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MERRILEE DEVELOPMENTS LIMITED

COMPANY INFORMATION
for the year ended 30 September 2024







DIRECTOR: Ms J B Grundy





SECRETARY: Ms J B Grundy





REGISTERED OFFICE: 2 The Cloisters
12 George Road
Edgbaston
Birmingham
West Midlands
B15 1NP





REGISTERED NUMBER: 00762465 (England and Wales)





ACCOUNTANTS: LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB

MERRILEE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 00762465)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 100 133
Investment property 5 967,489 967,489
967,589 967,622

CURRENT ASSETS
Debtors 6 364,223 234,819
Cash at bank 103,233 214,237
467,456 449,056
CREDITORS
Amounts falling due within one year 7 58,738 59,755
NET CURRENT ASSETS 408,718 389,301
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,376,307

1,356,923

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,376,207 1,356,823
SHAREHOLDERS' FUNDS 1,376,307 1,356,923

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

MERRILEE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 00762465)

BALANCE SHEET - continued
30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 June 2025 and were signed by:





Ms J B Grundy - Director


MERRILEE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 00762465)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Merrilee Developments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

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 Statement of Income and Retained Earnings, 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 3 (2023 - 4 ) .

MERRILEE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 00762465)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 2,579 1,712 4,291
DEPRECIATION
At 1 October 2023 2,446 1,712 4,158
Charge for year 33 - 33
At 30 September 2024 2,479 1,712 4,191
NET BOOK VALUE
At 30 September 2024 100 - 100
At 30 September 2023 133 - 133

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 967,489
NET BOOK VALUE
At 30 September 2024 967,489
At 30 September 2023 967,489


6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 23,361 2,524
Other debtors 5,862 60,295
29,223 62,819

Amounts falling due after more than one year:
Other debtors 335,000 172,000

Aggregate amounts 364,223 234,819

MERRILEE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 00762465)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 421 807
Taxation and social security 31,591 30,885
Other creditors 26,726 28,063
58,738 59,755