REGISTERED NUMBER: |
MELBRIAN LIMITED |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 MAY 2022 TO 29 APRIL 2023 |
REGISTERED NUMBER: |
MELBRIAN LIMITED |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 MAY 2022 TO 29 APRIL 2023 |
MELBRIAN LIMITED (Registered number: 01410455) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Period 1 MAY 2022 TO 29 APRIL 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
MELBRIAN LIMITED |
COMPANY INFORMATION |
for the Period 1 MAY 2022 TO 29 APRIL 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANT: |
Chartered Certified Accountants |
Enterprise House |
2 The Crest |
Hendon |
London |
NW4 2HN |
MELBRIAN LIMITED (Registered number: 01410455) |
BALANCE SHEET |
29 APRIL 2023 |
29.4.23 | 30.4.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 10 |
Share premium |
Revaluation reserve | 11 |
Capital redemption reserve |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
MELBRIAN LIMITED (Registered number: 01410455) |
BALANCE SHEET - continued |
29 APRIL 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
MELBRIAN LIMITED (Registered number: 01410455) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Period 1 MAY 2022 TO 29 APRIL 2023 |
1. | STATUTORY INFORMATION |
MELBRIAN LIMITED is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover consists of sales net of returns, trade discounts and value added tax. |
Goodwill |
Goodwill is amortised over a ten year period from the date of acquisition. |
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 |
Short leasehold | - |
Long leasehold | - |
Plant and machinery | - |
Motor vehicles | - |
Stocks |
Stocks have been valued at the lower of cost and net realisable value. |
Taxation |
Taxation for the period 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 period 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. |
Hire purchase and leasing commitments |
Assets held under hire purchase are capitalised and depreciated over their useful lives. |
Rentals paid under operating leases are charged to the profit and loss account as incurred. |
MELBRIAN LIMITED (Registered number: 01410455) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 1 MAY 2022 TO 29 APRIL 2023 |
2. | ACCOUNTING POLICIES - continued |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme in respect of its employees and the pension charge represents the contributions to the fund paid by the company in the year. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 May 2022 |
and 29 April 2023 |
AMORTISATION |
At 1 May 2022 |
and 29 April 2023 |
NET BOOK VALUE |
At 29 April 2023 |
At 30 April 2022 |
5. | TANGIBLE FIXED ASSETS |
Short | Long | Plant and | Motor |
leasehold | leasehold | machinery | vehicles | Totals |
£ | £ | £ | £ | £ |
COST OR VALUATION |
At 1 May 2022 |
Disposals | ( |
) | ( |
) |
At 29 April 2023 |
DEPRECIATION |
At 1 May 2022 |
Charge for period |
Eliminated on disposal | ( |
) | ( |
) |
At 29 April 2023 |
NET BOOK VALUE |
At 29 April 2023 |
At 30 April 2022 |
MELBRIAN LIMITED (Registered number: 01410455) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 1 MAY 2022 TO 29 APRIL 2023 |
5. | TANGIBLE FIXED ASSETS - continued |
Cost or valuation at 29 April 2023 is represented by: |
Short | Long | Plant and | Motor |
leasehold | leasehold | machinery | vehicles | Totals |
£ | £ | £ | £ | £ |
Valuation in 2009 | - | 164,322 | - | - | 164,322 |
Cost | 8,103 | 235,678 | 321,491 | 13,995 | 579,267 |
8,103 | 400,000 | 321,491 | 13,995 | 743,589 |
Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
Motor |
vehicles |
£ |
COST OR VALUATION |
At 1 May 2022 |
Disposals | ( |
) |
At 29 April 2023 |
DEPRECIATION |
At 1 May 2022 |
Eliminated on disposal | ( |
) |
At 29 April 2023 |
NET BOOK VALUE |
At 29 April 2023 |
At 30 April 2022 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
29.4.23 | 30.4.22 |
£ | £ |
Trade debtors |
Other debtors |
Directors' current accounts | 1,920 | - |
Prepayments and accrued income |
MELBRIAN LIMITED (Registered number: 01410455) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 1 MAY 2022 TO 29 APRIL 2023 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
29.4.23 | 30.4.22 |
£ | £ |
Bank loans and overdrafts (see note 9) |
Hire purchase contracts |
Trade creditors |
Corporation tax |
Other creditors including |
social security & other taxes |
Directors' current accounts | - | 9,501 |
Accruals and deferred income |
The bank loans and overdrafts are secured on the leasehold properties. |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
29.4.23 | 30.4.22 |
£ | £ |
Bank loans (see note 9) |
Hire purchase contracts |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans - over five years | 36,099 | 45,090 |
9. | LOANS |
An analysis of the maturity of loans is given below: |
29.4.23 | 30.4.22 |
£ | £ |
Amounts falling due within one year or on demand: |
Bank overdrafts |
Bank loan |
Amounts falling due between one and two years: |
Bank loans - 1-2 years |
Amounts falling due between two and five years: |
Bank loans - 2-5 years |
Amounts falling due in more than five years: |
MELBRIAN LIMITED (Registered number: 01410455) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 1 MAY 2022 TO 29 APRIL 2023 |
9. | LOANS - continued |
29.4.23 | 30.4.22 |
£ | £ |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans - over five years | 36,099 | 45,090 |
10. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 29.4.23 | 30.4.22 |
value: | £ | £ |
Ordinary | £1 | 74 | 74 |
Ordinary 'A' | £1 | 15,000 | 25,000 |
(30.4.22 - 25,000 ) |
Ordinary B | £1 | 10,000 | - |
25,074 | 25,074 |
The Ordinary"A" and Ordinary "B" Shares are non-voting and only entitled to be repaid at par, but shall rank pari passu with ordinary shares in respect of dividends. |
11. | RESERVES |
Revaluation |
reserve |
£ |
At 1 May 2022 |
and 29 April 2023 |
The revaluation reserve represents the difference between the current market value of the long leasehold |
property and its historic cost. |