Registration number: 01760497

Meek Estates Limited

Contents

Balance Sheet	1 to 2
Notes to the Financial Statements	3 to 6

Meek Estates Limited

(Registration number: 01760497)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Investment property	5	1,805,576	1,805,576
Current assets
Debtors	6	114,467	132,596
Cash at bank and in hand		10,046	30,695
		124,513	163,291
Creditors: Amounts falling due within one year	7	(8,389)	(6,151)
Net current assets		116,124	157,140
Total assets less current liabilities		1,921,700	1,962,716
Provisions for liabilities		(283,276)	(283,276)
Net assets		1,638,424	1,679,440
Capital and reserves
Called up share capital		2	2
Revaluation reserve		849,998	849,998
Retained earnings		788,424	829,440
Shareholders' funds		1,638,424	1,679,440

Meek Estates Limited

(Registration number: 01760497)
Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 July 2025
 

......................................... Mr GI Rubin Company secretary and director

Meek Estates Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Oaks
Marlands Park
Barns Green
West Sussex
RH13 0BF
United Kingdom

These financial statements were authorised for issue by the director on 24 July 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover represents rent receivable net of VAT. It is recognised as it falls due in accordance with the lease in place with the tenants.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Meek Estates Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and equipment	25% Reducing Balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Meek Estates Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2024	308	308
At 31 March 2025	308	308
Depreciation
At 1 April 2024	308	308
At 31 March 2025	308	308
Carrying amount
At 31 March 2025	-	-

5	Investment properties

	2025 £
Brought forward and carried forward	1,805,576

All the properties held by the company were valued by Jonathan Morrison FRICS FNAEA, of Morrison Property Services as at 30 November 2018. The open market value was based on RICS guidance notes on the valuation of assets and represents an arm's length valuation. The directors are of the opinion that the current carrying value equates to fair value at the year end.

6

Debtors

Current	2025 £	2024 £
Trade debtors	33,185	49,223
Other debtors	81,282	83,373
	114,467	132,596

Meek Estates Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	8,389	7,074
Other creditors	-	(923)
	8,389	6,151

8	Related party transactions

Transactions with the director

2025	At 1 April 2024 £	Advances to director £	Repayments by director £	At 31 March 2025 £
Mr GI Rubin
	59,359	76,993	(79,083)	57,269

2024	At 1 April 2023 £	Advances to director £	Repayments by director £	At 31 March 2024 £
Mr GI Rubin
	71,148	73,155	(84,944)	59,359