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REGISTERED NUMBER: 08002891 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MERIDIAN PROPERTY
INVESTMENTS LIMITED

MERIDIAN PROPERTY
INVESTMENTS LIMITED (REGISTERED NUMBER: 08002891)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MERIDIAN PROPERTY
INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: R Yehood





SECRETARY: J Yehood





REGISTERED OFFICE: 23 Aylestone Avenue
London
NW6 7AE





REGISTERED NUMBER: 08002891 (England and Wales)





ACCOUNTANTS: Orcom Civvals Limited
Accountants
50 Seymour Street
London
W1H 7JG

MERIDIAN PROPERTY
INVESTMENTS LIMITED (REGISTERED NUMBER: 08002891)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,066 -
Investment property 5 900,000 1,500,000
903,066 1,500,000

CURRENT ASSETS
Stocks 6 2,780,815 1,745,995
Debtors 7 58,114 57,700
Cash at bank 49,525 666,643
2,888,454 2,470,338
CREDITORS
Amounts falling due within one year 8 (1,829,544 ) (1,472,281 )
NET CURRENT ASSETS 1,058,910 998,057
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,961,976

2,498,057

CREDITORS
Amounts falling due after more than
one year

9

(1,428,000

)

(1,773,000

)

PROVISIONS FOR LIABILITIES (12,507 ) (40,345 )
NET ASSETS 521,469 684,712

MERIDIAN PROPERTY
INVESTMENTS LIMITED (REGISTERED NUMBER: 08002891)

BALANCE SHEET - continued
31 MARCH 2025

2025 2024
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 11 85,195 273,143
Retained earnings 11 435,274 410,569
SHAREHOLDERS' FUNDS 521,469 684,712

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 31 July 2025 and were signed by:





R Yehood - Director


MERIDIAN PROPERTY
INVESTMENTS LIMITED (REGISTERED NUMBER: 08002891)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Meridian Property Investments 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 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


MERIDIAN PROPERTY
INVESTMENTS LIMITED (REGISTERED NUMBER: 08002891)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 3,423
At 31 March 2025 3,423
DEPRECIATION
Charge for year 357
At 31 March 2025 357
NET BOOK VALUE
At 31 March 2025 3,066

MERIDIAN PROPERTY
INVESTMENTS LIMITED (REGISTERED NUMBER: 08002891)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 1,500,000
Disposals (600,000 )
At 31 March 2025 900,000
NET BOOK VALUE
At 31 March 2025 900,000
At 31 March 2024 1,500,000

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2018 313,488
Cost 586,512
900,000

The investment properties were valued by the director.

6. STOCKS
2025 2024
£    £   
Stock of properties 2,780,815 1,745,995

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 56,193 55,622
Prepayments and accrued income 1,921 2,078
58,114 57,700

Included in other debtors is an amount of £56,131 (2024 - £55,622) held as security in respect of the bank borrowings.

MERIDIAN PROPERTY
INVESTMENTS LIMITED (REGISTERED NUMBER: 08002891)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 457,000 -
Other loans 1,150,000 1,150,000
Shareholders' loans 200,000 200,000
Tax - 89,021
Social security and other taxes 570 134
Other creditors 3,803 3,773
Directors' current accounts 88 88
Accruals and deferred income - 2,400
Accrued expenses 18,083 26,865
1,829,544 1,472,281

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2025 2024
£    £   
Bank loans 1,428,000 1,773,000

10. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 1,428,000 1,773,000

The bank loans are secured by fixed and floating charges over the stock of properties and guarantees provided by M Hamama.

11. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 April 2024 410,569 273,143 683,712
Deficit for the year (163,243 ) (163,243 )
Realised gain on disposal 187,948 (187,948 ) -
At 31 March 2025 435,274 85,195 520,469

MERIDIAN PROPERTY
INVESTMENTS LIMITED (REGISTERED NUMBER: 08002891)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


12. RELATED PARTY DISCLOSURES

At the year end, the company owed £88 (2024 - £88) to the director, R Yehood. This balance is unsecured, interest free and has no fixed repayment terms.