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Registered number: 11762440
Medar Investments Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2026
Lerica Tax Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11762440
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,739 43,435
Investment Properties 5 610,000 610,000
Investments 6 24,400 23,000
637,139 676,435
CURRENT ASSETS
Debtors 7 6,079 2,122
Cash at bank and in hand 9,713 6,776
15,792 8,898
Creditors: Amounts Falling Due Within One Year 8 (375,616 ) (358,167 )
NET CURRENT ASSETS (LIABILITIES) (359,824 ) (349,269 )
TOTAL ASSETS LESS CURRENT LIABILITIES 277,315 327,166
Creditors: Amounts Falling Due After More Than One Year 9 (143,750 ) (195,474 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (33,841 ) (33,972 )
NET ASSETS 99,724 97,720
CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 101,522 109,644
Profit and Loss Account (1,898 ) (12,024 )
SHAREHOLDERS' FUNDS 99,724 97,720
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Page 2
For the year ending 31 January 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 Mehul Shah
Director
22/10/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Medar Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11762440 . The registered office is 54d Frome Road, Bradford-On-Avon, BA15 1LA.
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 is measured at the fair value of the consideration received or receivable. Turnover comprises of rental income which is recognised on a straight line basis over the term of the lease, this includes any lease incentives granted to tenants.
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:
Plant & Machinery 25% RB
Motor Vehicles 25% RB
Computer Equipment 25% RB
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. Changes in fair value are recognised in the profit and loss account. The assets were revalued in January 2022 by the director using market information and advice of a local valuation expert. Revaluation is carried out when the market indicates that there is a material difference between the carrying and market values of the investment properties.
2.5. 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 year 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.
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 2 (2025: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 February 2025 1,427 54,590 2,269 58,286
Additions - - 1,159 1,159
Disposals - (54,590 ) - (54,590 )
As at 31 January 2026 1,427 - 3,428 4,855
Depreciation
As at 1 February 2025 357 13,648 846 14,851
Provided during the period 267 - 646 913
Disposals - (13,648 ) - (13,648 )
As at 31 January 2026 624 - 1,492 2,116
Net Book Value
As at 31 January 2026 803 - 1,936 2,739
As at 1 February 2025 1,070 40,942 1,423 43,435
5. Investment Property
2026
£
Fair Value
As at 1 February 2025 and 31 January 2026 610,000
6. Investments
Unlisted
£
Cost or Valuation
As at 1 February 2025 23,000
Additions 1,400
As at 31 January 2026 24,400
Provision
As at 1 February 2025 -
As at 31 January 2026 -
Net Book Value
As at 31 January 2026 24,400
As at 1 February 2025 23,000
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7. Debtors
2026 2025
£ £
Due within one year
Prepayments and accrued income 5,367 1,410
Other debtors 712 712
6,079 2,122
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 2,611 -
Other creditors 811 809
Accruals and deferred income 1,559 1,698
Directors' loan accounts 370,635 355,660
375,616 358,167
9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 143,750 195,474
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
11. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 February 2025 109,644 (12,024 )
Profit for the year and total comprehensive income - 2,005
Transfer to/from Fair value reserve - 8,121
Transfer to/from Profit & Loss Account (8,122 ) -
As at 31 January 2026 101,522 (1,898 )
Revaluation of investment properties transferred to non-distributable reserves
Page 5