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COMPANY REGISTRATION NUMBER: 11452512

Generals Meadow Limited

Filleted Unaudited Financial Statements

31 July 2025

Generals Meadow Limited

Financial Statements

Year ended 31 July 2025

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 3

Generals Meadow Limited

Statement of Financial Position

31 July 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 5 | 2,290,815 | 2,266,913

Current assets

Stocks | 1,249 | 1,249
Cash at bank and in hand | 342,860 | 113,104
| --------- | ---------
| 344,109 | 114,353

Creditors: amounts falling due within one year | 6 | 555,684 | 730,083
| --------- | ---------
Net current liabilities | 211,575 | 615,730
| ------------ | ------------
Total assets less current liabilities | 2,079,240 | 1,651,183

Creditors: amounts falling due after more than one year | 7 | 457,823 | 539,117
| ------------ | ------------
Net assets | 1,621,417 | 1,112,066
| ------------ | ------------

Capital and reserves

Called up share capital | 100 | 100
Profit and loss account | 1,621,317 | 1,111,966
| ------------ | ------------
Shareholders funds | 1,621,417 | 1,112,066
| ------------ | ------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Generals Meadow Limited

Statement of Financial Position (continued)

31 July 2025
These financial statements were approved by the board of directors and authorised for issue on 20 January 2026 , and are signed on behalf of the board by:

Mr D M Johnson
Director

Company registration number: 11452512

Generals Meadow Limited

Notes to the Financial Statements

Year ended 31 July 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Generals Meadow St. Clare Road, Walmer, Deal, Kent, CT14 7PY, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures and fittings | - | 15% reducing balance
| Motor vehicles | - | 25% reducing balance

Freehold property Freehold property is included in the balance sheet at open market value and no depreciation is provided. Properties are revalued at their open market value in accordance with FRS102. The surplus or deficit on revaluation is transferred to other comprehensive income except where the deficit reduces the property below its historical cost, in which case it is taken to the profit and loss account. No depreciation is provided on freehold property which is a departure from the requirements of the Companies Act 2006. In the opinion of the directors the current value of the property is more significant than any measure of consumption and to depreciate them would not give a true and fair view. If this departure from the Act had not been made, the profit for the period would have been reduced by depreciation.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 30 (2024: 28 ).
5. Tangible assets

| Freehold property | Fixtures and fittings | Motor vehicles | Total
| £ | £ | £ | £
Cost |  |  |  |
At 1 August 2024 | 2,217,689 | 101,271 | 3,150 | 2,322,110
Additions | 19,805 | 12,031 | – | 31,836
| ------------ | --------- | ------- | ------------
At 31 July 2025 | 2,237,494 | 113,302 | 3,150 | 2,353,946
| ------------ | --------- | ------- | ------------
Depreciation |  |  |  |
At 1 August 2024 | – | 53,043 | 2,154 | 55,197
Charge for the year | – | 7,685 | 249 | 7,934
| ------------ | --------- | ------- | ------------
At 31 July 2025 | – | 60,728 | 2,403 | 63,131
| ------------ | --------- | ------- | ------------
Carrying amount |  |  |  |
At 31 July 2025 | 2,237,494 | 52,574 | 747 | 2,290,815
| ------------ | --------- | ------- | ------------
At 31 July 2024 | 2,217,689 | 48,228 | 996 | 2,266,913
| ------------ | --------- | ------- | ------------

The property was purchased on 19 November 2019 and the directors believe the cost continues to reflect the current fair value of the property.
6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 103,261 | 105,800
Corporation tax | 162,150 | 113,186
Social security and other taxes | 12,161 | 7,491
Other creditors | 278,112 | 503,606
| --------- | ---------
| 555,684 | 730,083
| --------- | ---------

Bank loans and overdrafts are secured by way of a fixed and floating charge over the property and undertakings of the company.
7. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 457,823 | 539,117
| --------- | ---------

Bank loans and overdrafts are secured by way of a fixed and floating charge over the property and undertakings of the company.
8. Related party transactions
At the year end the company owed the directors £262,051 (2024: £489,049).