REGISTERED NUMBER: 15582572 (England and Wales)

Unaudited Financial Statements

for the Period 21 March 2024 to 31 March 2025

for

Meddo Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs N M Bethel

M D C Bethel

REGISTERED OFFICE:

The Mills

Canal Street

Derby

Derbyshire

DE1 2RJ

REGISTERED NUMBER:

15582572 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Investments

4

6,896,476

Investment property

5

376,170

7,272,646

CURRENT ASSETS

Debtors

6

291

Cash at bank

1,737,376

1,737,667

CREDITORS

Amounts falling due within one year

7

117,142

NET CURRENT ASSETS

1,620,525

TOTAL ASSETS LESS CURRENT LIABILITIES

8,893,171

PROVISIONS FOR LIABILITIES

8

10,400

NET ASSETS

8,882,771

CAPITAL AND RESERVES

Called up share capital

1,159

Fair value reserve

9

142,857

Retained earnings

9

8,738,755

SHAREHOLDERS' FUNDS

8,882,771

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

The members have not required the company to obtain an audit of its financial statements for the period 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2025 and were signed on its behalf by:

Mrs N M Bethel - Director

1.	STATUTORY INFORMATION

Meddo Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents dividends, interest, other investment income receivable and rental income. Income is recognised when it becomes due to the company.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment Property is not depreciated but is revalued annually at its fair value in accordance with the Financial Reporting Standard 102 (Section 1A). Any aggregate surplus or deficit arising from changes in fair value are recognised in the profit and loss account and transferred to a fair value reserve.

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.

Deferred tax

A provision is made at current rates for taxation deferred in respect of all timing differences, including provisions made for potential tax arising on assets which have been revalued.

Fixed asset investments

Listed investments are valued at their fair value at the balance sheet date and any changes between the previous year end or acquisition, as applicable are recognised in the profit and loss account and transferred to a fair value reserve.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	FIXED ASSET INVESTMENTS

Shares in

group

Listed

undertakings

investments

Totals

£

£

£

COST OR VALUATION

Additions

1,158

6,742,061

6,743,219

Revaluations

-

153,257

153,257

At 31 March 2025

1,158

6,895,318

6,896,476

NET BOOK VALUE

At 31 March 2025

1,158

6,895,318

6,896,476

Cost or valuation at 31 March 2025 is represented by:

Shares in

group

Listed

undertakings

investments

Totals

£

£

£

Valuation in 2025

1,158

6,895,318

6,896,476

If fixed asset investments had not been revalued they would have been included at the following historical cost:

£

Cost

6,743,219

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

376,170

At 31 March 2025

376,170

NET BOOK VALUE

At 31 March 2025

376,170

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

376,170

If investment property had not been revalued it would have been included at the following historical cost:

£

Cost

376,170

Aggregate depreciation

(7,523

)

Investment property was valued on a fair value basis on 31 March 2025 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

11

Prepayments

280

291

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed to group undertakings

115,042

Accrued expenses

2,100

117,142

8.	PROVISIONS FOR LIABILITIES

£

Deferred tax

10,400

Deferred

tax

£

Provided during period

10,400

Balance at 31 March 2025

10,400

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

Profit for the period

8,881,612

8,881,612

Movement in unrealised gains

(153,257

)

153,257

-

Deferred tax movement

10,400

(10,400

)

-

At 31 March 2025

8,738,755

142,857

8,881,612