| Meadowfield Holdings Limited |
| Registered number: |
04361187 |
| Abbreviated Balance Sheet |
| as at 31 December 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Investments |
2 |
|
|
1 |
|
|
1,401 |
|
| Current assets |
| Debtors |
|
|
- |
|
|
59,915 |
| Cash at bank and in hand |
|
|
640 |
|
|
453 |
|
|
|
640 |
|
|
60,368 |
|
| Creditors: amounts falling due within one year |
|
|
(133,976) |
|
|
(153,809) |
|
| Net current liabilities |
|
|
|
(133,336) |
|
|
(93,441) |
|
| Net liabilities |
|
|
|
(133,335) |
|
|
(92,040) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
(134,335) |
|
|
(93,040) |
|
| Shareholders' funds |
|
|
|
(133,335) |
|
|
(92,040) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mrs S Cullinane |
| Director |
| Approved by the board on 29 September 2015 |
|
| Meadowfield Holdings Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) and on a going concern basis on the assumption of ongoing financial support from the company's shareholder. |
|
|
Turnover |
|
Turnover represents management fees receivable from the group and is wholly within the UK. |
|
|
| 2 |
Investments |
£ |
|
|
Cost |
|
At 1 January 2014 |
1,401 |
|
Less provision for diminution in value |
(1,400) |
|
At 31 December 2014 |
1 |
|
|
|
|
|
|
|
|
This refers to the following companies: |
|
Company |
Class of shares |
Holding |
|
|
Hair Trend (2011) Limited |
Ordinary |
100% |
|
Fryer Properties Limited |
Ordinary |
50% |
|
|
The company's share of the aggregate of the share capital and reserves at 31 December 2014 were £nil and the aggregate losses for the year ended at that date were £64,266. |
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
A Ordinary shares |
£1 each |
|
900 |
|
900 |
|
900 |
|
B Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
1,000 |
|
1,000 |
|
|
|
|
|
|
|
|
|
| 4 |
Ultimate controlling aprty |
|
|
The company is under the control of Mr D M J Cullinane, who owns the majority of the company's voting shares and who has provided loans of £96,601 (2013 - £117,172) which are interest free and repayable on demand. |
