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REGISTERED NUMBER: 06497547 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 FEBRUARY 2023 TO 31 DECEMBER 2023

FOR

MELCOFIN & CO LTD

MELCOFIN & CO LTD (REGISTERED NUMBER: 06497547)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 FEBRUARY 2023 TO 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MELCOFIN & CO LTD

COMPANY INFORMATION
FOR THE PERIOD 1 FEBRUARY 2023 TO 31 DECEMBER 2023







DIRECTOR: A Von Mellenthin





REGISTERED OFFICE: 50 Seymour Street
London
W1H 7JG





REGISTERED NUMBER: 06497547 (England and Wales)





ACCOUNTANTS: Orcom Civvals Limited
Accountants
50 Seymour Street
London
W1H 7JG

MELCOFIN & CO LTD (REGISTERED NUMBER: 06497547)

BALANCE SHEET
31 DECEMBER 2023

2023 2023
Notes €    €    €    €   
FIXED ASSETS
Tangible assets 4 169,341 172,526

CURRENT ASSETS
Debtors 5 11,016 16,846
Investments 6 20,000 20,000
Cash at bank 60,042 69,626
91,058 106,472
CREDITORS
Amounts falling due within one year 7 240,340 252,392
NET CURRENT LIABILITIES (149,282 ) (145,920 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,059

26,606

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 8 20,058 26,605
20,059 26,606

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

MELCOFIN & CO LTD (REGISTERED NUMBER: 06497547)

BALANCE SHEET - continued
31 DECEMBER 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 24 September 2024 and were signed by:





A Von Mellenthin - Director


MELCOFIN & CO LTD (REGISTERED NUMBER: 06497547)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 FEBRUARY 2023 TO 31 DECEMBER 2023


1. STATUTORY INFORMATION

Melcofin & Co Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

MELCOFIN & CO LTD (REGISTERED NUMBER: 06497547)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 FEBRUARY 2023 TO 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Freehold Motor Computer
property vehicles equipment Totals
€    €    €    €   
COST
At 1 February 2023
and 31 December 2023 161,000 13,900 6,171 181,071
DEPRECIATION
At 1 February 2023 - 2,780 5,765 8,545
Charge for period - 2,780 405 3,185
At 31 December 2023 - 5,560 6,170 11,730
NET BOOK VALUE
At 31 December 2023 161,000 8,340 1 169,341
At 31 January 2023 161,000 11,120 406 172,526

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
€    €   
Other debtors 11,016 16,846

6. CURRENT ASSET INVESTMENTS
2023 2023
€    €   
Other 20,000 20,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
€    €   
Trade creditors 125,000 125,000
Other creditors 115,340 127,392
240,340 252,392

8. RESERVES
Retained
earnings
€   

At 1 February 2023 26,605
Deficit for the period (6,547 )
At 31 December 2023 20,058