1 November 2023 false Taxfiler 2024.6 10416277business:PrivateLimitedCompanyLtd2023-11-012024-10-31 104162772023-10-31 104162772023-11-012024-10-31 10416277business:AuditExemptWithAccountantsReport2023-11-012024-10-31 10416277business:FilletedAccounts2023-11-012024-10-31 104162772024-10-31 10416277business:Director12023-11-012024-10-31 10416277business:Director22023-11-012024-10-31 10416277business:RegisteredOffice2023-11-012024-10-31 104162772023-10-31 10416277core:WithinOneYear2024-10-31 10416277core:WithinOneYear2023-10-31 10416277core:AfterOneYear2024-10-31 10416277core:AfterOneYear2023-10-31 10416277core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 10416277core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 10416277core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 10416277core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 10416277core:PreviouslyStatedAmount2024-10-31 10416277core:PreviouslyStatedAmount2023-10-31 10416277business:SmallEntities2023-11-012024-10-31 10416277countries:EnglandWales2023-11-012024-10-31 10416277core:MotorVehicles2023-11-012024-10-31 10416277core:FurnitureFittings2023-11-012024-10-31 10416277core:MotorVehicles2023-10-31 10416277core:FurnitureFittings2023-10-31 10416277core:MotorVehicles2024-10-31 10416277core:FurnitureFittings2024-10-31 10416277business:Director112023-11-012024-10-31 10416277business:Director112023-10-31 10416277business:Director112024-10-31 104162772022-11-012023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 10416277 (England and Wales)
Meade Heating Ltd Unaudited accounts for the year ended 31 October 2024
Meade Heating Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
Meade Heating Ltd Company Information for the year ended 31 October 2024
Directors
Mr R Meade Mrs Z Meade
Company Number
10416277 (England and Wales)
Registered Office
Unit 29, Loughborough technology Centre, Epinal Way Loughborough Leicestershire LE11 3GE United Kingdom
Accountants
Amsden Young Ltd Loughborough Technology Centre Unit 29, Epinal Way Loughborough Leicestershire LE11 3GE
- 3 -
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Meade Heating Ltd for the year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Meade Heating Ltd for the year ended 31 October 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Meade Heating Ltd, as a body, in accordance with the terms of our engagement letter dated 25 July 2019. Our work has been undertaken solely to prepare for your approval the accounts of Meade Heating Ltd and state those matters that we have agreed to state to the Board of Directors of Meade Heating Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Meade Heating Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Meade Heating Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Meade Heating Ltd. You consider that Meade Heating Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Meade Heating Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Amsden Young Ltd Chartered Certified Accountants Loughborough Technology Centre Unit 29, Epinal Way Loughborough Leicestershire LE11 3GE 10 October 2025
- 4 -
Meade Heating Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
131,902 
60,893 
Current assets
Inventories
1,834 
2,000 
Debtors
5
64,674 
23,941 
Cash at bank and in hand
76,625 
47,492 
143,133 
73,433 
Creditors: amounts falling due within one year
6
(126,262)
(85,912)
Net current assets/(liabilities)
16,871 
(12,479)
Total assets less current liabilities
148,773 
48,414 
Creditors: amounts falling due after more than one year
7
(127,084)
(25,931)
Net assets
21,689 
22,483 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
21,679 
22,473 
Shareholders' funds
21,689 
22,483 
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 15 October 2025 and were signed on its behalf by
Mr R Meade Director Company Registration No. 10416277
- 5 -
Meade Heating Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Meade Heating Ltd is a private company, limited by shares, registered in England and Wales, registration number 10416277. The registered office is Unit 29, Loughborough technology Centre,, Epinal Way, Loughborough, Leicestershire, LE11 3GE, United Kingdom.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
63,540 
- 
63,540 
Additions
104,126 
210 
104,336 
At 31 October 2024
167,666 
210 
167,876 
Depreciation
At 1 November 2023
2,647 
- 
2,647 
Charge for the year
33,292 
35 
33,327 
At 31 October 2024
35,939 
35 
35,974 
Net book value
At 31 October 2024
131,727 
175 
131,902 
At 31 October 2023
60,893 
- 
60,893 
- 6 -
Meade Heating Ltd Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
59,279 
19,702 
Other debtors
5,395 
4,239 
64,674 
23,941 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,446 
13,122 
VAT
13,411 
6,663 
Obligations under finance leases and hire purchase contracts
25,181 
- 
Trade creditors
25,148 
85,668 
Taxes and social security
47,922 
40,079 
Other creditors
9,154 
1,344 
Loans from directors
- 
(60,964)
126,262 
85,912 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,920 
25,931 
Obligations under finance leases and hire purchase contracts
106,164 
- 
127,084 
25,931 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Directors current account
60,965 
52,844 
112,652 
1,157 
60,965 
52,844 
112,652 
1,157 
9
Average number of employees
During the year the average number of employees was 15 (2023: 7).
- 7 -