Low Meadows Building Company Ltd

Registered number

11983478

Filleted Accounts

31 March 2026

Gatley Read

Chartered Accountants

18/19 Salmon Fields Business Village

Royton

Oldham

OL2 6HT

Low Meadows Building Company Ltd
Registered number:		11983478
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		729			-

Current assets
Debtors	4	73,000			60,000
Cash at bank and in hand		29,404			41,504
		102,404			101,504

Creditors: amounts falling due within one year	5	(77,588)			(85,445)

Net current assets			24,816			16,059

Total assets less current liabilities			25,545			16,059

Creditors: amounts falling due after more than one year	6		-			(1,644)



Net assets			25,545			14,415

Capital and reserves
Called up share capital			100			100
Profit and loss account			25,445			14,315

Shareholder's funds			25,545			14,415

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




P Ferris
Director
Approved by the board on 9 July 2026

Low Meadows Building Company Ltd
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Computer equipment	over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		4		4


3	Tangible fixed assets
					Computer equipment
£
	Cost
	Additions				972
	At 31 March 2026				972

	Depreciation
	Charge for the year				243
	At 31 March 2026				243

	Net book value
	At 31 March 2026				729


4	Debtors		2026		2025
£				£

	Other debtors		73,000		60,000


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Bank loans and overdrafts		983		3,300
	Taxation and social security costs		11,009		12,673
	Other creditors		65,596		69,472
			77,588		85,445


6	Creditors: amounts falling due after one year		2026		2025
£				£

	Bank loans		-		1,644


7	Other information

	Low Meadows Building Company Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	18/19 Salmon Fields
	Business Village
	Royton
	Oldham
	OL2 6HT