IRIS Accounts Production v23.3.0.418 06418578 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh064185782022-03-31064185782023-03-31064185782022-04-012023-03-31064185782021-03-31064185782021-04-012022-03-31064185782022-03-3106418578ns10:Originalns15:EnglandWales2022-04-012023-03-3106418578ns14:PoundSterlingns10:Original2022-04-012023-03-3106418578ns10:Originalns10:Director12022-04-012023-03-3106418578ns10:Original2022-04-012023-03-3106418578ns10:Original2023-03-3106418578ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3106418578ns10:Originalns10:SmallEntities2022-04-012023-03-3106418578ns10:Originalns10:AuditExemptWithAccountantsReport2022-04-012023-03-3106418578ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3106418578ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3106418578ns10:Originalns10:FullAccounts2022-04-012023-03-3106418578ns10:Original12022-04-012023-03-3106418578ns10:Originalns10:Director22022-04-012023-03-3106418578ns10:CompanySecretary1ns10:Original2022-04-012023-03-3106418578ns10:Originalns10:RegisteredOffice2022-04-012023-03-3106418578ns10:Original2022-03-3106418578ns10:Originalns5:CurrentFinancialInstruments2023-03-3106418578ns10:Originalns5:CurrentFinancialInstruments2022-03-3106418578ns5:ShareCapitalns10:Original2023-03-3106418578ns5:ShareCapitalns10:Original2022-03-3106418578ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3106418578ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3106418578ns10:Originalns5:NetGoodwill2022-04-012023-03-3106418578ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-012023-03-3106418578ns10:Originalns5:PlantMachinery2022-04-012023-03-3106418578ns10:Originalns5:FurnitureFittings2022-04-012023-03-3106418578ns10:Originalns5:ComputerEquipment2022-04-012023-03-3106418578ns10:Original2021-04-012022-03-3106418578ns10:Originalns5:NetGoodwill2022-03-3106418578ns10:Originalns5:NetGoodwill2023-03-3106418578ns10:Originalns5:NetGoodwill2022-03-3106418578ns10:Originalns5:PlantMachinery2022-03-3106418578ns10:Originalns5:FurnitureFittings2022-03-3106418578ns10:Originalns5:ComputerEquipment2022-03-3106418578ns10:Original2022-03-3106418578ns10:Originalns5:PlantMachinery2023-03-3106418578ns10:Originalns5:FurnitureFittings2023-03-3106418578ns10:Originalns5:ComputerEquipment2023-03-3106418578ns10:Originalns5:PlantMachinery2022-03-3106418578ns10:Originalns5:FurnitureFittings2022-03-3106418578ns10:Originalns5:ComputerEquipment2022-03-3106418578ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3106418578ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 06418578 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

MELBEC DEVELOPMENT LIMITED

MELBEC DEVELOPMENT LIMITED (REGISTERED NUMBER: 06418578)






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

Report of the Accountants 7

MELBEC DEVELOPMENT LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTORS: Mr R J Funning
Mrs S D Funning





SECRETARY: Mrs S D Funning





REGISTERED OFFICE: 95 King Street
Lancaster
LA1 1RH





REGISTERED NUMBER: 06418578 (England and Wales)





ACCOUNTANTS: Taylor, Robertson & Willett Ltd
95 King Street
Lancaster
Lancashire
LA1 1RH

MELBEC DEVELOPMENT LIMITED (REGISTERED NUMBER: 06418578)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 772 1,102
772 1,102

CURRENT ASSETS
Debtors 6 10,216 13,296
Cash at bank 58,004 57,239
68,220 70,535
CREDITORS
Amounts falling due within one year 7 13,923 22,530
NET CURRENT ASSETS 54,297 48,005
TOTAL ASSETS LESS CURRENT
LIABILITIES

55,069

49,107

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 54,969 49,007
SHAREHOLDERS' FUNDS 55,069 49,107

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 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.

MELBEC DEVELOPMENT LIMITED (REGISTERED NUMBER: 06418578)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2023 and were signed on its behalf by:





Mr R J Funning - Director


MELBEC DEVELOPMENT LIMITED (REGISTERED NUMBER: 06418578)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

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

Goodwill
Goodwill has been fully amortized.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 30% on reducing balance

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

MELBEC DEVELOPMENT LIMITED (REGISTERED NUMBER: 06418578)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 7,000
AMORTISATION
At 1 April 2022
and 31 March 2023 7,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
Equipment fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 794 121 4,114 5,029
DEPRECIATION
At 1 April 2022 766 116 3,045 3,927
Charge for year 7 1 322 330
At 31 March 2023 773 117 3,367 4,257
NET BOOK VALUE
At 31 March 2023 21 4 747 772
At 31 March 2022 28 5 1,069 1,102

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 10,057 13,185
Other debtors 159 111
10,216 13,296

MELBEC DEVELOPMENT LIMITED (REGISTERED NUMBER: 06418578)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 12,172 21,330
Other creditors 1,751 1,200
13,923 22,530

MELBEC DEVELOPMENT LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
MELBEC DEVELOPMENT LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2023 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Our report is prepared solely for the confidential use of the directors and should not be relied upon by any third party without prior reference to ourselves.






Taylor, Robertson & Willett Ltd
95 King Street
Lancaster
Lancashire
LA1 1RH


30 October 2023