REGISTERED NUMBER: 15172242 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

MEADOW JAMES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

M Pearcey

Miss S M Pearcey

N J Pearcey

REGISTERED OFFICE:

19 Millwood

Lisvane

Cardiff

CF14 0TL

REGISTERED NUMBER:

15172242 (England and Wales)

ACCOUNTANTS:

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

FIXED ASSETS

Tangible assets

4

1,041,929

1,041,929

CURRENT ASSETS

Debtors

5

1,850

2,171

Cash at bank and in hand

31,149

22,764

32,999

24,935

CREDITORS

Amounts falling due within one year

6

(17,901

)

(525,501

)

NET CURRENT ASSETS/(LIABILITIES)

15,098

(500,566

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,057,027

541,363

CREDITORS

Amounts falling due after more than one year

7

(1,020,000

)

(534,362

)

NET ASSETS

37,027

7,001

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9

36,927

6,901

SHAREHOLDERS' FUNDS

37,027

7,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2025 and were signed on its behalf by:

M Pearcey - Director

1.	STATUTORY INFORMATION

Meadow James 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.

Tangible fixed assets

No depreciation is being charged on the Freehold Property as the directors consider no impairment has taken place.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 October 2024

and 30 September 2025

1,041,929

NET BOOK VALUE

At 30 September 2025

1,041,929

At 30 September 2024

1,041,929

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments

1,850

2,171

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

14,000

Amounts owed to associates

17,000

506,000

Directors' current accounts

-

4,600

Accrued expenses

901

901

17,901

525,501

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

15,195

Bank loans - 2-5 years

-

519,167

Bank loans more 5 yr by instal

1,020,000

-

1,020,000

534,362

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,020,000

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

1,020,000

548,362

9.

RESERVES

Retained

earnings

£

At 1 October 2024

6,901

Profit for the year

30,026

At 30 September 2025

36,927

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The director's loan account is interest free and repayable on demand.

11.	RELATED PARTY DISCLOSURES

The director M J Pearcey is also a director of MVJ Capital LImited

At 30 September 2025 the company owed MVJ Capital Limited an amount of £17,000 (2024 - £506,000).

The controlling party is M Pearcey.

The ultimate controlling party is M Pearcey.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Meadow James Ltd for the year ended 30 September 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Meadow James Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Meadow James Ltd and state those matters that we have agreed to state to the Board of Directors of Meadow James Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Meadow James Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Meadow James Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Meadow James Ltd. You consider that Meadow James 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 financial statements of Meadow James 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 financial statements.

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

2 December 2025