Meadowcorp Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 02609782 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2013

for

MEADOWCORP LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R Kevill

Mr R Grayson

SECRETARY:

K A Gibbons

REGISTERED OFFICE:

c/o Kevill Kirkham & Grayson

High Street Chambers

High Street

Chorley

Lancashire

PR7 1DU

REGISTERED NUMBER:

02609782 (England and Wales)

ACCOUNTANTS:

Abrams Ashton

Chartered Accountants

41 St Thomas's Road

Chorley

Lancashire

PR7 1JE

FIXED ASSETS

Tangible assets

2

310,000

310,000

CURRENT ASSETS

Debtors

9,434

1,483

Cash at bank

4,892

14,285

14,326

15,768

CREDITORS

Amounts falling due within one year

160,130

159,202

NET CURRENT LIABILITIES

(145,804

)

(143,434

)

TOTAL ASSETS LESS CURRENT LIABILITIES

164,196

166,566

CAPITAL AND RESERVES

Called up share capital

3

100

100

Revaluation reserve

(50,338

)

(50,338

)

Profit and loss account

214,434

216,804

SHAREHOLDERS' FUNDS

164,196

166,566

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 3 April 2014 and were signed on its behalf by:

Mr R Grayson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Depreciation

In accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) no depreciation

is provided in respect of freehold properties held as investments. This is a departure from the requirements of the

Companies Act 2006 which requires all properties to be depreciated. Such properties are held for investment and

not for consumption and the directors consider that to depreciate them would not give a true and fair view.

Depreciation is only one of the many elements reflected in the annual valuation of properties and accordingly the

amount of depreciation which might otherwise have been charged cannot be separately identified or quantified.

The directors consider that this policy results in the financial statements giving a true and fair view.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 December 2012

and 30 November 2013

310,000

NET BOOK VALUE

At 30 November 2013

310,000

At 30 November 2012

310,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.13

30.11.12

value:

£

£

100

Ordinary

£1

100

100

4.	ULTIMATE PARENT COMPANY