IRIS Accounts Production v25.4.0.155 SC031714 director 1.5.24 30.4.25 30.4.25 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC031714 2024-04-30 SC031714 2025-04-30 SC031714 2024-05-01 2025-04-30 SC031714 2023-04-30 SC031714 2023-05-01 2024-04-30 SC031714 2024-04-30 SC031714 ns15:Scotland 2024-05-01 2025-04-30 SC031714 ns14:PoundSterling 2024-05-01 2025-04-30 SC031714 ns10:Director1 2024-05-01 2025-04-30 SC031714 ns10:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 SC031714 ns10:SmallEntities 2024-05-01 2025-04-30 SC031714 ns10:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 SC031714 ns10:SmallCompaniesRegimeForDirectorsReport 2024-05-01 2025-04-30 SC031714 ns10:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 SC031714 ns10:FullAccounts 2024-05-01 2025-04-30 SC031714 ns10:CompanySecretary1 2024-05-01 2025-04-30 SC031714 ns10:RegisteredOffice 2024-05-01 2025-04-30 SC031714 ns5:CurrentFinancialInstruments 2025-04-30 SC031714 ns5:CurrentFinancialInstruments 2024-04-30 SC031714 ns5:ShareCapital 2025-04-30 SC031714 ns5:ShareCapital 2024-04-30 SC031714 ns5:FurtherSpecificReserve2ComponentTotalEquity 2025-04-30 SC031714 ns5:FurtherSpecificReserve2ComponentTotalEquity 2024-04-30 SC031714 ns5:RetainedEarningsAccumulatedLosses 2025-04-30 SC031714 ns5:RetainedEarningsAccumulatedLosses 2024-04-30 SC031714 ns5:ComputerEquipment 2024-05-01 2025-04-30 SC031714 ns5:ComputerEquipment 2025-04-30

REGISTERED NUMBER: SC031714 (Scotland)

THE MEALL PROPERTY COMPANY LTD.

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

THE MEALL PROPERTY COMPANY LTD. (REGISTERED NUMBER: SC031714) |

CONTENTS OF THE FINANCIAL STATEMENTS

For The Year Ended 30 April 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| THE MEALL PROPERTY COMPANY LTD. |

COMPANY INFORMATION

For The Year Ended 30 April 2025

| DIRECTOR: | P R B Hennessy

| SECRETARY: | P R B Hennessy

| REGISTERED OFFICE: | The Old Manse

| Inveraray

| Argyll

| PA32 8XT

| REGISTERED NUMBER: | SC031714 (Scotland)

| ACCOUNTANTS: | Benham Conway & Co

| 16 Royal Crescent

| Glasgow

| G3 7SL

THE MEALL PROPERTY COMPANY LTD. (REGISTERED NUMBER: SC031714) |

BALANCE SHEET

30 April 2025

| 30.4.25 | 30.4.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 338 |  | - |  |

Investment property | 5 | 435,400 |  | 350,000 |  |

435,738 |  | 350,000 |  |

CURRENT ASSETS

Debtors | 6 | 31,996 |  | 128,625 |  |

Cash at bank | 11,162 |  | 35,605 |  |

43,158 |  | 164,230 |  |

CREDITORS

Amounts falling due within one year | 7 | 4,868 |  | 800 |  |

NET CURRENT ASSETS | 38,290 |  | 163,430 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 474,028 |  | 513,430 |  |

CAPITAL AND RESERVES

Called up share capital | 400 |  | 400 |  |

Other reserves | 8,443 |  | 8,443 |  |

Retained earnings | 465,185 |  | 504,587 |  |

SHAREHOLDERS' FUNDS | 474,028 |  | 513,430 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 15 December 2025 and were signed by:

P R B Hennessy - Director

THE MEALL PROPERTY COMPANY LTD. (REGISTERED NUMBER: SC031714) |

NOTES TO THE FINANCIAL STATEMENTS

For The Year Ended 30 April 2025

1. | STATUTORY INFORMATION

| The Meall Property Company Ltd. is a private company, limited by shares , registered in Scotland. 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.

| Turnover

| Turnover represents rental income for the year.

| Investment property

| Land and buildings are classified as investment property when the property is held to earn rentals or for capital appreciation or both. Investment property is initially measured at cost which comprises purchase price and any directly attributable expenditure, and subsequently remeasured to fair value at each reporting date with changes in fair value recognised in the Income Statement.

| Taxation

| Taxation for the year comprises current 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 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Computer

| equipment

£ |

| COST

| Additions | 450 |  |

| At 30 April 2025 | 450 |  |

| DEPRECIATION

| Charge for year | 112 |  |

| At 30 April 2025 | 112 |  |

| NET BOOK VALUE

| At 30 April 2025 | 338 |  |

THE MEALL PROPERTY COMPANY LTD. (REGISTERED NUMBER: SC031714) |

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 30 April 2025

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 May 2024 | 350,000 |  |

| Additions | 85,400 |  |

| At 30 April 2025 | 435,400 |  |

| NET BOOK VALUE

| At 30 April 2025 | 435,400 |  |

| At 30 April 2024 | 350,000 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.4.25 |  | 30.4.24

£ | £ |

| Director's loan account | 31,996 |  | 128,625 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.4.25 |  | 30.4.24

£ | £ |

| Taxation and social security | 959 |  | - |  |

| Other creditors | 3,909 |  | 800 |  |

4,868 |  | 800 |  |

8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| At 30 April 2025 the company had provided the director with a loan of £31,996 (2024, £128,625). Interest was charged at the official rate of interest on this loan. There are no fixed repayment terms for this loan.