REGISTERED NUMBER: 08506898 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MEADOW CAT HOTEL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs G Machin

R G Machin

REGISTERED OFFICE:

Stairfoot

St Erme

Truro

Cornwall

TR4 9AT

REGISTERED NUMBER:

08506898 (England and Wales)

ACCOUNTANTS:

Barker Wilkinson Limited

19-21 Middle Row

Stevenage

Hertfordshire

SG1 3AW

FIXED ASSETS

Tangible assets

4

193,080

191,854

CURRENT ASSETS

Debtors

5

100

100

Cash at bank

-

1,150

100

1,250

CREDITORS

Amounts falling due within one year

6

41,034

31,845

NET CURRENT LIABILITIES

(40,934

)

(30,595

)

TOTAL ASSETS LESS CURRENT LIABILITIES

152,146

161,259

CREDITORS

Amounts falling due after more than one year

7

36,053

47,996

NET ASSETS

116,093

113,263

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

115,993

113,163

SHAREHOLDERS' FUNDS

116,093

113,263

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 2 December 2025 and were signed on its behalf by:

Mrs G Machin - Director

R G Machin - Director

1.	STATUTORY INFORMATION

Meadow Cat Hotel 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.

The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Further, the directors continue to support the company by way of director funding and have not indicated that such support will be withdrawn in the foreseeable future. Therefore the financial statements for the year ended 31st March 2025 have been prepared using the going concern basis of accounting.

Significant judgements and estimates

In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from those estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The key sources of estimation and uncertainty which have a significant effect on the amounts recognised in the financial statements are described below:

1. As described in the accounting policy for tangible fixed assets the residual value of the company's property is reviewed annually by the directors.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

The property is depreciated at 2% on cost taking into account the related estimated residual values, expected economic useful life and the maintenance of the property.

Financial instruments

The directors consider all financial instruments to be basic financial instruments in accordance with paragraph 11 of FRS102. All basic financial instruments including debtors, cash and cash equivalents, and creditors, are initially recognised at transaction price and thereafter stated at amortised cost.

1. Interest Bearing Borrowings

Interest bearing borrowings are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, interest bearing borrowings are stated at amortised cost using the effective interest rate method, less any impairment losses.

Taxation

Taxation for the year comprises current 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 taxation 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Property

fittings

Totals

£

£

£

COST

At 1 April 2024

186,010

29,054

215,064

Additions

-

5,157

5,157

At 31 March 2025

186,010

34,211

220,221

DEPRECIATION

At 1 April 2024

-

23,210

23,210

Charge for year

-

3,931

3,931

At 31 March 2025

-

27,141

27,141

NET BOOK VALUE

At 31 March 2025

186,010

7,070

193,080

At 31 March 2024

186,010

5,844

191,854

The property is depreciated in accordance with the accounting policy as stated in note 1 to the accounts. The resulting depreciation charge for the year is considered by the directors to be immaterial and therefore no depreciation charge for property is included within the accounts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

100

100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

11,159

9,319

Corporation tax

6,710

3,822

Social security and other taxes

40

265

VAT

3,981

3,503

Other creditors

17,398

13,190

Accrued expenses

1,746

1,746

41,034

31,845

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

10,795

10,013

Bank loans - 2-5 years

22,103

33,673

Bank loans more 5 yr by instal

3,155

4,310

36,053

47,996

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

3,155

4,310

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

31,331

38,887

The company's bank loan is secured on property held by the company.

9.	OTHER FINANCIAL COMMITMENTS

The company had total operating lease commitments at the balance sheet date of £7,008 (2024 - £3,452).