Registration number: 09582226

Loxdale-Meade Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Loxdale-Meade Ltd

Company Information

Directors

Mr Raymond Meade Miss Zoe Jessica Meade

Registered office

1 Market Hill Calne Wiltshire SN11 0BT

Accountants

RiverView Portfolio Limited 1 Market Hill Calne Wiltshire SN11 0BT

Loxdale-Meade Ltd

(Registration number: 09582226)
Balance Sheet as at 31 May 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	255	383
Investment property	6	436,695	426,250
		436,950	426,633
Current assets
Debtors	7	400	1,588
Cash at bank and in hand		12,145	2,482
		12,545	4,070
Creditors: Amounts falling due within one year	8	(8,537)	(258)
Net current assets		4,008	3,812
Total assets less current liabilities		440,958	430,445
Creditors: Amounts falling due after more than one year	8	(490,724)	(491,376)
Provisions for liabilities		(12,166)	(10,181)
Net liabilities		(61,932)	(71,112)
Capital and reserves
Called up share capital		3,000	3,000
Revaluation reserve		51,865	43,404
Retained earnings		(116,797)	(117,516)
Shareholders' deficit		(61,932)	(71,112)

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 13 August 2025 and signed on its behalf by:
 

Loxdale-Meade Ltd

(Registration number: 09582226)
Balance Sheet as at 31 May 2025 (continued)

......................................... Mr Raymond Meade Director

Loxdale-Meade Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 Market Hill
Calne
Wiltshire
SN11 0BT
England

These financial statements were authorised for issue by the Board on 13 August 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
FF & Equipment	25% Straight Line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Loxdale-Meade Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025 (continued)

2	Accounting policies (continued)

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

4	Profit before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	128	295

Loxdale-Meade Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025 (continued)

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 June 2024	1,180	1,180
At 31 May 2025	1,180	1,180
Depreciation
At 1 June 2024	797	797
Charge for the year	128	128
At 31 May 2025	925	925
Carrying amount
At 31 May 2025	255	255
At 31 May 2024	383	383

6	Investment properties

	2025 £
At 1 June	426,250
Fair value adjustments	10,445
At 31 May	436,695

The fair value of the property at 31st May 2025 has been arrived at on the basis of a valuation carried out at that date by the director of the company, who is not a professionally qualified valuer. The valuation of £436,695 was arrived at by reference to the market evidence of transaction prices for similar properties in its location the property is situated.

7

Debtors

Current	2025 £	2024 £
Prepayments	400	353
Other debtors	-	1,235
	400	1,588

Loxdale-Meade Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025 (continued)

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	263	256
Other creditors	8,274	2
	8,537	258

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	488,464	489,066
Other non-current financial liabilities		2,260	2,310
		490,724	491,376

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Other borrowings	488,464	489,066