MEERA DEVELOPMENTS LIMITED

	Page
Company Information	1
Accountants' Report	2
Balance Sheet	3—4
Notes to the Financial Statements	5—7

Page 1

Page 2

Accountants' Report

For The Year Ended 31 March 2026

Accountants' Report

Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Meera Developments Limited for the year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Meera Developments Limited for the year ended 31 March 2026 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Meera Developments Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Meeera Developments Limited and state those matters that we have agreed to state to the directors of Meera Developments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Meera Developments Limited and its directors, as a body, for our work or for this report.

It is your duty to ensure that Meera Developments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Meera Developments Limited. You consider that Meera Developments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Meera Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

09/10/2026

Sterling Accounts Limited t/a STERLING

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

Page 2

Page 3

MEERA DEVELOPMENTS LIMITED

Balance Sheet

As At 31 March 2026

Balance Sheet

Registered number: 03534212

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		31,046		41,394
Investment Properties	5		2,277,161		2,250,000

			2,308,207		2,291,394
CURRENT ASSETS
Debtors	6	45,000		45,000
Cash at bank and in hand		210,919		282,806

		255,919		327,806
Creditors: Amounts Falling Due Within One Year	7	(70,205 )		(29,632 )

NET CURRENT ASSETS (LIABILITIES)			185,714		298,174

TOTAL ASSETS LESS CURRENT LIABILITIES			2,493,921		2,589,568

Creditors: Amounts Falling Due After More Than One Year	8		(424,228 )		(482,949 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(186,299 )		(191,459 )

NET ASSETS			1,883,394		1,915,160

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			1,883,294		1,915,060

SHAREHOLDERS' FUNDS			1,883,394		1,915,160

Page 3

Page 4

MEERA DEVELOPMENTS 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

Mr Paresh Barai

Director

09/10/2026

The notes on pages 5 to 7 form part of these financial statements.

Page 4

Page 5

MEERA DEVELOPMENTS LIMITED

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

MEERA DEVELOPMENTS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 03534212 . The registered office is 505 Pinner Road, Harrow, Middlesex, HA2 6EH.

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 represents rent receivable, net of value added tax. Turnover is recognised when the company has a right to consideration.

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:

Motor Vehicles	25% on reducing balance
Fixtures & Fittings	15% on reducing balance
Computer Equipment	33% on reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. 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. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

Page 5

Page 6

MEERA DEVELOPMENTS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 3)

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost or Valuation
As at 1 April 2025	75,154	850	76,004

As at 31 March 2026	75,154	850	76,004

Depreciation
As at 1 April 2025	33,760	850	34,610
Provided during the period	10,348	-	10,348

As at 31 March 2026	44,108	850	44,958

Net Book Value
As at 31 March 2026	31,046	-	31,046

As at 1 April 2025	41,394	-	41,394

5. Investment Property

	2026
	£
Fair Value
As at 1 April 2025	2,250,000
Additions	27,161

As at 31 March 2026	2,277,161

In the opinion of the directors the fair value of the investment properties as at 31 March 2026 is not significantly

different to that stated above.

6. Debtors

	2026	2025
	£	£
Due within one year
Due after more than one year
Amounts owed by participating interests	45,000	45,000

Page 6

Page 7

MEERA DEVELOPMENTS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	43,591	7,390
Bank loans and overdrafts	14,506	13,883
Other creditors	11,723	8,105
Taxation and social security	385	254

	70,205	29,632

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	-	43,591
Bank loans	424,228	439,358

	424,228	482,949

9. Secured Creditors

The bank loans and mortgages are secured against the company's investment properties. The repayments on these

loans varies and the rates of interest also varies between 2.77% to 6.95% per annum.

	2026		2025
	£		£
Bank loans and overdrafts	438,735		453,242

10. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	43,591	7,390
Later than one year and not later than five years	-	43,591

	43,591	50,981

	43,591	50,981

11. Share Capital

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

12. Related Party Transactions

At the year end the company was owed £45,000 (2025: £45,000) by Flawless Beauty By Sheetal Ltd, a company in

which one of the directors has a beneficial interest. The amount owed is recoverable on demand and is interest free.

At the year end, the company owed the directors £7,160 (2025 : £5,344).

Page 7

Directors	Mr Paresh Barai
	Mrs Sheetal Barai

Secretary	Mrs Sheetal Barai

Company Number	03534212

Registered Office	505 Pinner Road
	Harrow
	Middlesex
	HA2 6EH

Accountants	Sterling Accounts Limited t/a STERLING
	Chartered Accountants
	505 Pinner Road
	Harrow
	Middlesex
	HA2 6EH