REGISTERED NUMBER: 14810738 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Thriving Meadow Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J Crean

D S Crean

REGISTERED OFFICE:

Office 14 First Floor Moy Road Business

Moy Road

Taff Well

CF15 7QR

REGISTERED NUMBER:

14810738 (England and Wales)

ACCOUNTANTS:

Golden Valley Accountancy Limited

Unit 4

Westwood Industrial Estate

Pontrilas

Herefordshire

HR2 0EL

FIXED ASSETS

Intangible assets

4

130,000

140,000

Tangible assets

5

92,558

63,880

222,558

203,880

CURRENT ASSETS

Debtors

6

30,690

6,742

Cash at bank

22,037

5,816

52,727

12,558

CREDITORS

Amounts falling due within one year

7

70,737

103,040

NET CURRENT LIABILITIES

(18,010

)

(90,482

)

TOTAL ASSETS LESS CURRENT LIABILITIES

204,548

113,398

CREDITORS

Amounts falling due after more than one year

8

276,854

204,394

NET LIABILITIES

(72,306

)

(90,996

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(72,406

)

(91,096

)

SHAREHOLDERS' FUNDS

(72,306

)

(90,996

)

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 directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2025 and were signed on its behalf by:

R J Crean - Director

1.	STATUTORY INFORMATION

Thriving Meadow 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

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.

Hire purchase and leasing commitments

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

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 6 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

140,000

Impairments

(10,000

)

At 31 March 2025

130,000

NET BOOK VALUE

At 31 March 2025

130,000

At 31 March 2024

140,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

4,250

79,506

83,756

Additions

-

58,115

58,115

At 31 March 2025

4,250

137,621

141,871

DEPRECIATION

At 1 April 2024

-

19,876

19,876

Charge for year

-

29,437

29,437

At 31 March 2025

-

49,313

49,313

NET BOOK VALUE

At 31 March 2025

4,250

88,308

92,558

At 31 March 2024

4,250

59,630

63,880

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

2,625

6,642

Other debtors

28,065

100

30,690

6,742

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

26,023

17,211

Trade creditors

42,272

17,130

Other creditors

2,442

68,699

70,737

103,040

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,440

2,994

Hire purchase contracts

80,414

51,400

Other creditors

195,000

150,000

276,854

204,394