1 April 2023 false No description of principal activity Taxfiler 2024.6 13982019 business:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13982019 2023-03-31 13982019 2023-04-01 2024-03-31 13982019 business:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13982019 business:FilletedAccounts 2023-04-01 2024-03-31 13982019 2024-03-31 13982019 business:Director1 2023-04-01 2024-03-31 13982019 business:RegisteredOffice 2023-04-01 2024-03-31 13982019 2023-03-31 13982019 core:WithinOneYear 2024-03-31 13982019 core:WithinOneYear 2023-03-31 13982019 core:AfterOneYear 2024-03-31 13982019 core:AfterOneYear 2023-03-31 13982019 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 13982019 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-03-31 13982019 core:PreviouslyStatedAmount 2024-03-31 13982019 core:PreviouslyStatedAmount 2023-03-31 13982019 business:SmallEntities 2023-04-01 2024-03-31 13982019 countries:EnglandWales 2023-04-01 2024-03-31 13982019 core:FurnitureFittings 2023-03-31 13982019 core:FurnitureFittings 2024-03-31 13982019 core:FurnitureFittings 2023-04-01 2024-03-31 13982019 core:AdditionsToInvestments 2024-03-31 13982019 core:RevaluationsIncreaseDecreaseInInvestments 2024-03-31 13982019 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 13982019 (England and Wales)
MEEM ESTATES LIMITED Unaudited accounts for the year ended 31 March 2024
MEEM ESTATES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MEEM ESTATES LIMITED Company Information for the year ended 31 March 2024
Director
Ajaz MAHMOOD
Company Number
13982019 (England and Wales)
Registered Office
9 Riverside Wharf Dartford Kent DA1 5TN England
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MEEM ESTATES LIMITED Statement of financial position as at 31 March 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
31,512
38,430
Investments
5
10,989,230
8,366,032
11,020,742
8,404,462
Current assets
Debtors
6
-
250,477
Creditors: amounts falling due within one year
7
(9,360,313)
(5,934,296)
Net current liabilities
(9,360,313)
(5,683,819)
Total assets less current liabilities
1,660,429
2,720,643
Creditors: amounts falling due after more than one year
8
(2,518,702)
(2,872,164)
Net liabilities
(858,273)
(151,521)
Capital and reserves
Profit and loss account
(858,273)
(151,521)
Shareholders' funds
(858,273)
(151,521)
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 August 2025 and were signed on its behalf by
Ajaz MAHMOOD Director Company Registration No. 13982019
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MEEM ESTATES LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
MEEM ESTATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13982019. The registered office is 9 Riverside Wharf, Dartford, Kent, DA1 5TN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Furniture and Fitting: 18% Reducing balance
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 April 2023
46,866
At 31 March 2024
46,866
Depreciation
At 1 April 2023
8,436
Charge for the year
6,918
At 31 March 2024
15,354
Net book value
At 31 March 2024
31,512
At 31 March 2023
38,430
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MEEM ESTATES LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Investments
Other investments
£
Valuation at 1 April 2023
8,366,032
Additions
3,139,000
Fair value adjustments
(515,802)
Valuation at 31 March 2024
10,989,230
6
Debtors
2024
2023
£
£
Amounts falling due within one year
Other debtors
-
250,477
7
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
9,360,313
5,868,000
Other creditors
-
66,296
9,360,313
5,934,296
8
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
2,518,702
2,872,164
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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