Registration number: 00555134

Meadow Holdings Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Meadow Holdings Limited

(Registration number: 00555134)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	156,458	172,309
Investment property	5	15,770,784	16,231,338
		15,927,242	16,403,647
Current assets
Debtors	6	21,791	17,040
Cash at bank and in hand		802,261	787,594
		824,052	804,634
Creditors: Amounts falling due within one year	7	(591,266)	(562,858)
Net current assets		232,786	241,776
Total assets less current liabilities		16,160,028	16,645,423
Provisions for liabilities		(2,183,250)	(2,302,000)
Net assets		13,976,778	14,343,423
Capital and reserves
Called up share capital	8	212,615	212,615
Share premium reserve		368,505	368,505
Capital reserve		5,761	5,761
Revaluation reserve		8,834,756	9,191,006
Profit and loss account		4,555,141	4,565,536
Shareholders' funds		13,976,778	14,343,423

Meadow Holdings Limited

(Registration number: 00555134)
Balance Sheet as at 31 December 2025

For the financial year ending 31 December 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 September 2026 and signed on its behalf by:
 

.........................................

G A Miller

Director

Meadow Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Mercer House
15 High Road
Redbourn
Hertfordshire
AL3 7LE

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The accounts are prepared in the company's functional currency of British Pounds (£) and rounded to the nearest £1 and are the individual company.

Revenue recognition

Turnover represents amounts chargeable in respect of rents and management charges receivable in respect of the year.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Meadow Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold property	2% straight line
Motor vehicles	25% reducing balance
Fixtures and fittings	10% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the Directors. The Directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade and other debtors

Trade and other debtors with no stated interest rate and receivable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Trade and other creditors

Trade and other creditors with no stated interest rate and payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Meadow Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Dividends

Dividend distribution to the company’s shareholders is recognised in the reporting period in which the dividends are paid.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Revaluation reserve

The revaluation reserve is in respect of the revaluation gains and losses on the fair value of investment properties less the corresponding deferred tax liability.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2025	130,365	7,176	127,483	265,024
Additions	-	2,866	-	2,866
At 31 December 2025	130,365	10,042	127,483	267,890
Depreciation
At 1 January 2025	29,125	6,776	56,814	92,715
Charge for the year	723	326	17,668	18,717
At 31 December 2025	29,848	7,102	74,482	111,432
Carrying amount
At 31 December 2025	100,517	2,940	53,001	156,458
At 31 December 2024	101,240	400	70,669	172,309

Included within the net book value of land and buildings above is £100,517 (2024 - £101,240) in respect of freehold land and buildings.
 

Meadow Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5	Investment properties

	2025 £
At 1 January	16,231,338
Additions	14,446
Fair value adjustments	(475,000)
At 31 December	15,770,784

Revaluations

The Freehold investments properties class of fixed assets was revalued on 31 December 2025 by the Directors who are internal to the company. The basis of this valuation was an open market basis.

This class of assets has a current value of £15,770,784 (2024: £16,231,338) and a carrying amount at historical cost of £4,739,633 (2024: £4,729,849).

The last full independent professional valuation of Freehold investment properties was carried out on 17 November 2013.

6

Debtors

Current	2025 £	2024 £
Trade debtors	11,817	9,032
Other debtors	9,974	8,008
	21,791	17,040

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Amounts owed to group undertakings and undertakings in which the company has a participating interest		382,543	382,577
Taxation and social security		70,709	60,358
Other creditors		138,014	119,923
		591,266	562,858

Meadow Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	212,615	212,615	212,615	212,615

9	Parent and ultimate parent undertaking

The company's immediate and ultimate parent is Newmill Holdings Limited, incorporated in England.