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REGISTERED NUMBER: 07546677 (England and Wales)















MELVYNJOHN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






MELVYNJOHN LIMITED (REGISTERED NUMBER: 07546677)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MELVYNJOHN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: M J C Faizey





REGISTERED OFFICE: 17 Stockfield Road
Acocks Green
Birmingham
West Midlands
B27 6AP





REGISTERED NUMBER: 07546677 (England and Wales)





ACCOUNTANTS: Charles Lovell & Co Limited
Chartered Certified Accountants
and Statutory Auditors
8 Church Green East
Redditch
Worcestershire
B98 8BP

MELVYNJOHN LIMITED (REGISTERED NUMBER: 07546677)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,444,593 2,454,725
Investments 5 224,396 137,425
Investment property 6 400,000 400,000
3,068,989 2,992,150

CURRENT ASSETS
Debtors 7 194,710 101,966
Cash at bank 123,029 104,026
317,739 205,992
CREDITORS
Amounts falling due within one year 8 74,777 50,674
NET CURRENT ASSETS 242,962 155,318
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,311,951

3,147,468

PROVISIONS FOR LIABILITIES 362,715 277,394
NET ASSETS 2,949,236 2,870,074

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 1,290,021 1,290,021
Fair value reserve 9 63,573 63,573
Retained earnings 1,595,542 1,516,380
SHAREHOLDERS' FUNDS 2,949,236 2,870,074

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

MELVYNJOHN LIMITED (REGISTERED NUMBER: 07546677)

BALANCE SHEET - continued
31 MARCH 2023


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 23 October 2023 and were signed by:





M J C Faizey - Director


MELVYNJOHN LIMITED (REGISTERED NUMBER: 07546677)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

MelvynJohn 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 15% on cost
Computer equipment - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

MELVYNJOHN LIMITED (REGISTERED NUMBER: 07546677)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
prop machinery fittings equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 1 April 2022 2,350,000 17,206 197,342 12,218 2,576,766
Additions - 714 - - 714
At 31 March 2023 2,350,000 17,920 197,342 12,218 2,577,480
DEPRECIATION
At 1 April 2022 - 6,979 105,179 9,883 122,041
Charge for year - 1,046 9,216 584 10,846
At 31 March 2023 - 8,025 114,395 10,467 132,887
NET BOOK VALUE
At 31 March 2023 2,350,000 9,895 82,947 1,751 2,444,593
At 31 March 2022 2,350,000 10,227 92,163 2,335 2,454,725

Cost or valuation at 31 March 2023 is represented by:

Fixtures
Freehold Plant and and
prop machinery fittings
£    £    £   
Valuation in 2016 1,500,000 1,256 171,770
Valuation in 2017 300,000 5,185 22,124
Valuation in 2018 22,782 7,240 840
Valuation in 2019 9,400 - 1,207
Valuation in 2020 517,818 1,879 209
Valuation in 2021 - 998 -
Valuation in 2022 - 648 1,192
Valuation in 2023 - 714 -
2,350,000 17,920 197,342

Motor Computer
vehicles equipment Totals
£    £    £   
Valuation in 2016 113,627 8,181 1,794,834
Valuation in 2017 36,467 308 364,084
Valuation in 2018 - - 30,862
Valuation in 2019 - 1,573 12,180
Valuation in 2020 12,736 - 532,642
Valuation in 2021 (162,830 ) 1,778 (160,054 )
Valuation in 2022 - 378 2,218
Valuation in 2023 - - 714
- 12,218 2,577,480

MELVYNJOHN LIMITED (REGISTERED NUMBER: 07546677)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 April 2022 100 137,325 137,425
Additions 224,346 167,424 391,770
Disposals (50 ) (304,749 ) (304,799 )
At 31 March 2023 224,396 - 224,396
NET BOOK VALUE
At 31 March 2023 224,396 - 224,396
At 31 March 2022 100 137,325 137,425

Cost or valuation at 31 March 2023 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2015 300 121,738 122,038
Valuation in 2016 - (47,100 ) (47,100 )
Valuation in 2017 - (36,874 ) (36,874 )
Valuation in 2018 - 58,913 58,913
Valuation in 2019 - 73,272 73,272
Valuation in 2020 - (116,897 ) (116,897 )
Valuation in 2021 (200 ) (52,973 ) (53,173 )
Valuation in 2022 - 137,246 137,246
Valuation in 2023 224,296 (137,325 ) 86,971
224,396 - 224,396

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 400,000
NET BOOK VALUE
At 31 March 2023 400,000
At 31 March 2022 400,000

Fair value at 31 March 2023 is represented by:
£   
Valuation in 2017 378,051
Valuation in 2018 14,599
Valuation in 2020 7,350
400,000

MELVYNJOHN LIMITED (REGISTERED NUMBER: 07546677)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Amounts owed by group undertakings 194,710 101,966

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 30,006 -
Taxation and social security 33,247 44,870
Other creditors 11,524 5,804
74,777 50,674

9. RESERVES
Fair
Revaluation value
reserve reserve Totals
£    £    £   
At 1 April 2022
and 31 March 2023 1,290,021 63,573 1,353,594

10. ULTIMATE CONTROLLING PARTY

Control is held by Mr M Faizey, a director, through his shareholding.