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Company Registration No. 01490912 (England and Wales)
Melco Limited Unaudited accounts for the year ended 31 March 2024
Melco Limited Unaudited accounts Contents
Page
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Melco Limited Company Information for the year ended 31 March 2024
Director
Mrs Anna Bell
Company Number
01490912 (England and Wales)
Registered Office
DELLSIDE HARPER GREEN ROAD, FARNWORTH BOLTON LANCASHIRE BL4 7HT
Accountants
J F Balshaw & Co 20 Old Kiln Lane Heaton Bolton Lancashire BL1 5PD
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Melco Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
905,000 
905,000 
Current assets
Debtors
185 
309 
Cash at bank and in hand
58,041 
61,802 
58,226 
62,111 
Creditors: amounts falling due within one year
(105,085)
(120,224)
Net current liabilities
(46,859)
(58,113)
Total assets less current liabilities
858,141 
846,887 
Provisions for liabilities
Deferred tax
(121,071)
(121,071)
Net assets
737,070 
725,816 
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
200,926 
200,926 
Profit and loss account
536,142 
524,888 
Shareholders' funds
737,070 
725,816 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 April 2024 and were signed on its behalf by
Mrs Anna Bell Director Company Registration No. 01490912
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Melco Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Melco Limited is a private company, limited by shares, registered in England and Wales, registration number 01490912. The registered office is DELLSIDE, HARPER GREEN ROAD, FARNWORTH, BOLTON, LANCASHIRE, BL4 7HT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 April 2023
905,000 
At 31 March 2024
905,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
185 
309 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,607 
2,274 
Loans from directors
100,950 
117,450 
Accruals
528 
500 
105,085 
120,224 
7
Transactions with related parties
The company owes a balance of £100,950 (2023 £117,450) to the director, Mrs A Bell.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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