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COMPANY REGISTRATION NUMBER: SC771337

MEADOWKNOWES LTD.

Unaudited Financial Statements

30 June 2025

MEADOWKNOWES LTD.

Financial Statements

Year ended 30 June 2025

Contents | Page

Strategic report | 1

Directors' report | 2

Statement of comprehensive income | 3

Statement of financial position | 4

Statement of changes in equity | 5

Statement of cash flows | 6

Notes to the financial statements | 7

MEADOWKNOWES LTD.

Strategic Report

Year ended 30 June 2025
This report was approved by the board of directors on 19 February 2026 and signed on behalf of the board by:

Mr. A. Craig | Mrs. K. Craig
Director | Director

Registered office:
7, DUNDAS TERRACE
MELROSE
TD6 9QU

MEADOWKNOWES LTD.

Directors' Report

Year ended 30 June 2025
The directors present their report and the unaudited financial statements of the company for the year ended 30 June 2025 .
Directors
The directors who served the company during the year were as follows:

Mr. A. Craig |
Mrs. K. Craig |

Dividends
Particulars of recommended dividends are detailed in note 8 to the financial statements.
This report was approved by the board of directors on 19 February 2026 and signed on behalf of the board by:

Mr. A. Craig | Mrs. K. Craig
Director | Director

Registered office:
7, DUNDAS TERRACE
MELROSE
TD6 9QU

MEADOWKNOWES LTD.

Statement of Comprehensive Income

Year ended 30 June 2025

| 2025 | 2024
Note | £ | £
Turnover | 4 | 39,000 | 22,750

| -------- | --------
Gross profit | 39,000 | 22,750

Administrative expenses | 20,093 | 6,151
| -------- | --------
Operating profit | 18,907 | 16,599

| -------- | --------
Profit before taxation | 18,907 | 16,599

Tax on profit | 7 | 3,592 | 3,407
| -------- | --------
Profit for the financial year and total comprehensive income | 15,315 | 13,192
| -------- | --------

All the activities of the company are from continuing operations.

MEADOWKNOWES LTD.

Statement of Financial Position

30 June 2025

| 2025 | 2024
Note | £ | £

Current assets

Cash at bank and in hand | 33,229 | 24,285

Creditors: amounts falling due within one year | 9 | 7,128 | 13,684
| -------- | --------
Net current assets | 26,101 | 10,601
| -------- | --------
Total assets less current liabilities | 26,101 | 10,601

Creditors: amounts falling due after more than one year | 10 | 3,592 | 3,407
| -------- | --------
Net assets | 22,509 | 7,194
| -------- | --------

Capital and reserves

Called up share capital | 11 | 2 | 2
Profit and loss account | 22,507 | 7,192
| -------- | -------
Shareholders funds | 22,509 | 7,194
| -------- | -------

For the year ending 30 June 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 .
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of directors and authorised for issue on 19 February 2026 , and are signed on behalf of the board by:

Mr. A. Craig | Mrs. K. Craig
Director | Director

Company registration number: SC771337

MEADOWKNOWES LTD.

Statement of Changes in Equity

Year ended 30 June 2025

| Called up share capital | Profit and loss account | Total
| £ | £ | £
At 1 July 2023 | – | – | –
Profit for the year |  | 13,192 | 13,192
| ---- | -------- | --------
Total comprehensive income for the year | – | 13,192 | 13,192
Issue of shares | 2 | – | 2
Dividends paid and payable | 8 | – | ( 6,000) | ( 6,000)
| ---- | -------- | --------
Total investments by and distributions to owners | 2 | ( 6,000) | ( 5,998)
At 30 June 2024 | 2 | 7,192 | 7,194
Profit for the year |  | 15,315 | 15,315
| ---- | -------- | --------
Total comprehensive income for the year | – | 15,315 | 15,315
| ---- | -------- | --------
At 30 June 2025 | 2 | 22,507 | 22,509
| ---- | -------- | --------

MEADOWKNOWES LTD.

Statement of Cash Flows

Year ended 30 June 2025

| 2025 | 2024
| £ | £

Cash flows from operating activities

Profit for the financial year | 15,315 | 13,192

Adjustments for: |  |
Tax on profit | 3,592 | 3,407
Accrued expenses | – | 250
| -------- | --------
Cash generated from operations | 18,907 | 16,849

Tax paid | ( 3,407) | –
| -------- | --------
Net cash from operating activities | 15,500 | 16,849
| -------- | --------

Cash flows from financing activities

Proceeds from issue of ordinary shares | – | 2
Proceeds from borrowings | ( 6,556) | 13,434
Dividends paid | – | ( 6,000)
| -------- | --------
Net cash (used in)/from financing activities | ( 6,556) | 7,436
| -------- | --------

Net increase in cash and cash equivalents | 8,944 | 24,285
Cash and cash equivalents at beginning of year | 24,285 | –
| -------- | --------
Cash and cash equivalents at end of year | 33,229 | 24,285
| -------- | --------

MEADOWKNOWES LTD.

Notes to the Financial Statements

Year ended 30 June 2025
1. General information
The company is a private company limited by shares, registered in SCOTLAND. The address of the registered office is 7, DUNDAS TERRACE, MELROSE, TD6 9QU.
2. Statement of compliance
These financial statements have been prepared in compliance with 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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
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. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Turnover
The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.
5. Staff costs
The average number of persons employed by the company during the year, including the directors, amounted to:

| 2025 | 2024
| No. | No.

The aggregate payroll costs incurred during the year, relating to the above, were:

| 2025 | 2024
| £ | £
Wages and salaries | 12,000 | –
| -------- | ----

6. Directors' remuneration
The directors' aggregate remuneration in respect of qualifying services was:

| 2025 | 2024
| £ | £

7. Tax on profit
Major components of tax expense

| 2025 | 2024
| £ | £

Current tax:

UK current tax expense | 3,592 | 3,407
| ------- | -------
Tax on profit | 3,592 | 3,407
| ------- | -------

8. Dividends
9. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Accruals and deferred income | 250 | 250
Director loan accounts | 6,878 | 13,434
| ------- | --------
| 7,128 | 13,684
| ------- | --------

10. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Corporation tax | 3,592 | 3,407
| ------- | -------

11. Called up share capital
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary Class 2 shares of £ 2 each | 2 | 4 | 2 | 4
| ---- | ---- | ---- | ----

12. Analysis of changes in net debt

| At 1 Jul 2024 | Cash flows | At 30 Jun 2025
| £ | £ | £
Cash at bank and in hand | 24,285 | 8,944 | 33,229
Debt due within one year | (13,434) | 6,556 | (6,878)
| -------- | -------- | --------
| 10,851 | 15,500 | 26,351
| -------- | -------- | --------