Company Registration No. 07586716 (England and Wales)
Merrydale Properties Ltd.
Unaudited accounts
for the year ended 30 April 2026
Merrydale Properties Ltd.
Unaudited accounts
Contents
Merrydale Properties Ltd.
Statement of financial position
as at 30 April 2026
Tangible assets
2,678
3,151
Investment property
855,000
855,000
Cash at bank and in hand
23,947
54,437
Creditors: amounts falling due within one year
(8,844)
(55,856)
Net current assets/(liabilities)
32,638
(1,419)
Total assets less current liabilities
890,316
856,732
Creditors: amounts falling due after more than one year
(170,000)
(150,000)
Provisions for liabilities
Deferred tax
(116,091)
(116,091)
Net assets
604,225
590,641
Called up share capital
101
101
Profit and loss account
604,124
590,540
Shareholders' funds
604,225
590,641
For the year ending 30 April 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 September 2026 and were signed on its behalf by
Stuart Crowther
Director
Company Registration No. 07586716
Merrydale Properties Ltd.
Notes to the Accounts
for the year ended 30 April 2026
Merrydale Properties Ltd. is a private company, limited by shares, registered in England and Wales, registration number 07586716. The registered office is Bath Works Spa Lane, Linthwaite, Huddersfield, HD7 5QB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in pounds sterling.
Turnover is measured at the fair value of rents receivable in the period.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Merrydale Properties Ltd.
Notes to the Accounts
for the year ended 30 April 2026
4
Tangible fixed assets
Plant & machinery
Fair value at 1 May 2025
855,000
Investment property comprises properties held by the company for rental income purposes. The fair value of the investment property has been arrived at on the basis of a valuation carried out by the directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
4,296
3,043
Other creditors
4,548
50,571
8
Creditors: amounts falling due after more than one year
2026
2025
Other creditors
170,000
150,000
9
Average number of employees
During the year the average number of employees was 1 (2025: 1).