Meander Capital Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11346165 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2020

for

Meander Capital Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S W L Lau

REGISTERED OFFICE:

59 Victoria Road

Surbiton

Surrey

KT6 4NQ

REGISTERED NUMBER:

11346165 (England and Wales)

ACCOUNTANTS:

Richard Morgan and Company

Chartered Accountants

59 Victoria Road

Surbiton

Surrey

KT6 4NQ

FIXED ASSETS

Tangible assets

4

218,660

-

CURRENT ASSETS

Cash at bank

3,810

2

CREDITORS

Amounts falling due within one year

5

160,534

-

NET CURRENT (LIABILITIES)/ASSETS

(156,724

)

2

TOTAL ASSETS LESS CURRENT LIABILITIES

61,936

2

CREDITORS

Amounts falling due after more than one year

6

68,390

-

NET (LIABILITIES)/ASSETS

(6,454

)

2

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

(6,456

)

-

SHAREHOLDERS' FUNDS

(6,454

)

2

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 December 2020 and were signed by:

S W L Lau - Director

1.	STATUTORY INFORMATION

Meander Capital Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents rents receivable on investment properties.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Long

property

leasehold

Totals

£

£

£

COST

Additions

152,234

66,426

218,660

At 31 March 2020

152,234

66,426

218,660

NET BOOK VALUE

At 31 March 2020

152,234

66,426

218,660

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Bank loans and overdrafts

3,244

-

Trade creditors

2,215

-

Directors' current accounts

154,475

-

Accruals and deferred income

600

-

160,534

-

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.20

31.3.19

£

£

Bank loans - 2-5 years

12,975

-

Bank loans more 5 yr by instal

55,415

-

68,390

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

55,415

-

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.20

31.3.19

value:

£

£

2

ordinary

£1

2

2

8.	ULTIMATE CONTROLLING PARTY

The controlling party is S W L Lau.