Meraki Living Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10410110 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 OCTOBER 2025

FOR

MERAKI LIVING LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Investments

5

500,000

Tangible assets

6

43

53

Investment property

7

575,000

1,075,043

1,075,053

CURRENT ASSETS

Debtors

8

825

1,154

Cash at bank

469,521

270,604

470,346

271,758

CREDITORS

Amounts falling due within one year

9

142,023

155,395

NET CURRENT ASSETS

328,323

116,363

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,403,366

1,191,416

CREDITORS

Amounts falling due after more than
one year

10

(860,113

)

(860,113

)

PROVISIONS FOR LIABILITIES

11

(18,699

)

(18,701

)

NET ASSETS

524,554

312,602

CAPITAL AND RESERVES

Called up share capital

12

100

Non-distributable reserve

58,932

Retained earnings

465,522

253,570

SHAREHOLDERS' FUNDS

524,554

312,602

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 July 2026 and were signed by:

Mr B M R Stevens - Director

1.	STATUTORY INFORMATION

Meraki Living Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

10410110

Registered office:

53 Gildredge Road

Eastbourne

East Sussex

BN21 4SF

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured as rents receivable in the year.

Investments

Fixed Asset Investments are recorded at cost and reviewed each year for impairment.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

All fixed assets are initially recorded at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to similar debt instrument, those financial instruments are classsed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Provision is made for tax on gains and losses arising from investment property that is measured at fair value. This is measured using the tax rates and allowances that are expected to apply to the sale of the asset.

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.

4.	EMPLOYEES AND DIRECTORS

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

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 November 2024

and 31 October 2025

500,000

NET BOOK VALUE

At 31 October 2025

500,000

At 31 October 2024

500,000

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 November 2024

and 31 October 2025

249

DEPRECIATION

At 1 November 2024

196

Charge for year

10

At 31 October 2025

206

NET BOOK VALUE

At 31 October 2025

43

At 31 October 2024

53

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

575,000

NET BOOK VALUE

At 31 October 2025

575,000

At 31 October 2024

575,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2017

9,957

Valuation in 2021

7,663

Valuation in 2022

45,000

Valuation in 2023

15,000

Cost

497,380

575,000

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Prepayments

825

1,154

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Corporation tax

4,646

382

Directors current account

135,854

153,556

Accruals and deferred income

1,523

1,457

142,023

155,395

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans more than 5 years

360,113

Other loans more than 1 year

500,000

860,113

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more than 5 years

360,113

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

Accelerated capital allowances

11

13

Fair value movement

18,688

18,699

18,701

Deferred tax

£

Balance at 1 November 2024

18,701

Provided during year

(2

)

Balance at 31 October 2025

18,699

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

£1

100