Meads Dreams Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11423902

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		21,665		31,987
Investments	5		452,230		90,747

			473,895		122,734
CURRENT ASSETS
Debtors	6	63,198		36,423
Cash at bank and in hand		1,406,713		1,567,988

		1,469,911		1,604,411
Creditors: Amounts Falling Due Within One Year	7	(103,945 )		(108,147 )

NET CURRENT ASSETS (LIABILITIES)			1,365,966		1,496,264

TOTAL ASSETS LESS CURRENT LIABILITIES			1,839,861		1,618,998

PROVISIONS FOR LIABILITIES
Deferred Taxation			(22,726 )		(10,684 )

NET ASSETS			1,817,135		1,608,314

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			1,817,035		1,608,214

SHAREHOLDERS' FUNDS			1,817,135		1,608,314

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Meads Dreams Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Gail Phillips

Director

08/06/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Meads Dreams Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11423902 . The registered office is 2 Hyde Tynings Close, Meads, Eastbourne, BN20 7TQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration for services provided, net of discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	33% straight line
Motor Vehicles	25% reducing balance
Fixtures & Fittings	33% straight line
Computer Equipment	33% straight line

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

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Meads Dreams Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2025	21,631	58,090	6,145	16,421	102,287
Additions	-	-	292	699	991
Disposals	(4,439 )	-	(2,385 )	(4,214 )	(11,038 )

As at 31 March 2026	17,192	58,090	4,052	12,906	92,240

Depreciation
As at 1 April 2025	21,409	33,584	5,300	10,007	70,300
Provided during the period	215	6,127	598	4,312	11,252
Disposals	(4,439 )	-	(2,328 )	(4,210 )	(10,977 )

As at 31 March 2026	17,185	39,711	3,570	10,109	70,575

Net Book Value
As at 31 March 2026	7	18,379	482	2,797	21,665

As at 1 April 2025	222	24,506	845	6,414	31,987

5. Investments

	Listed
	£
Cost or Valuation
As at 1 April 2025	90,747
Additions	303,764
Revaluations	57,719

As at 31 March 2026	452,230

Provision
As at 1 April 2025	-

As at 31 March 2026	-

Net Book Value
As at 31 March 2026	452,230

As at 1 April 2025	90,747

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Meads Dreams Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	59,100	36,423
Amounts owed by subsidiaries	4,098	-

	63,198	36,423

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Corporation tax	89,421	94,915
Other taxes and social security	2,120	1,427
Accruals and deferred income	1,740	1,740
Directors' loan accounts	10,664	10,065

	103,945	108,147

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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