IRIS Accounts Production v24.2.0.383 02720202 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh027202022022-12-31027202022023-12-31027202022023-01-012023-12-31027202022021-12-31027202022022-01-012022-12-31027202022022-12-3102720202ns15:EnglandWales2023-01-012023-12-3102720202ns14:PoundSterling2023-01-012023-12-3102720202ns10:Director12023-01-012023-12-3102720202ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3102720202ns10:SmallEntities2023-01-012023-12-3102720202ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3102720202ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3102720202ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3102720202ns10:FullAccounts2023-01-012023-12-3102720202ns10:Director22023-01-012023-12-3102720202ns10:RegisteredOffice2023-01-012023-12-3102720202ns5:CurrentFinancialInstruments2023-12-3102720202ns5:CurrentFinancialInstruments2022-12-3102720202ns5:ShareCapital2023-12-3102720202ns5:ShareCapital2022-12-3102720202ns5:CapitalRedemptionReserve2023-12-3102720202ns5:CapitalRedemptionReserve2022-12-3102720202ns5:RetainedEarningsAccumulatedLosses2023-12-3102720202ns5:RetainedEarningsAccumulatedLosses2022-12-3102720202ns5:FurnitureFittings2023-01-012023-12-3102720202ns5:MotorVehicles2023-01-012023-12-3102720202ns5:ComputerEquipment2023-01-012023-12-3102720202ns5:PlantMachinery2022-12-3102720202ns5:PlantMachinery2023-01-012023-12-3102720202ns5:PlantMachinery2023-12-3102720202ns5:PlantMachinery2022-12-3102720202ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3102720202ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-3102720202ns5:WithinOneYear2023-12-3102720202ns5:WithinOneYear2022-12-3102720202ns5:BetweenOneFiveYears2023-12-3102720202ns5:BetweenOneFiveYears2022-12-3102720202ns5:AllPeriods2023-12-3102720202ns5:AllPeriods2022-12-31
REGISTERED NUMBER: 02720202 (England and Wales)















Melia Publishing Services Limited

Unaudited Financial Statements for the Year Ended 31 December 2023






Melia Publishing Services Limited (Registered number: 02720202)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Melia Publishing Services Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mrs J L Stacy
L M Stacy





REGISTERED OFFICE: The White House
2 Meadrow
Godalming
Surrey
GU7 3HN





REGISTERED NUMBER: 02720202 (England and Wales)





ACCOUNTANTS: Hughes Waddell
The White House
2 Meadrow
Godalming
Surrey
GU7 3HN

Melia Publishing Services Limited (Registered number: 02720202)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,460 43,121

CURRENT ASSETS
Stocks 3,649,961 2,025,699
Debtors 5 2,235,473 3,458,007
Cash at bank and in hand 1,417,991 1,915,005
7,303,425 7,398,711
CREDITORS
Amounts falling due within one year 6 2,946,123 3,650,814
NET CURRENT ASSETS 4,357,302 3,747,897
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,385,762

3,791,018

CAPITAL AND RESERVES
Called up share capital 500 500
Capital redemption reserve 500 500
Retained earnings 4,384,762 3,790,018
SHAREHOLDERS' FUNDS 4,385,762 3,791,018

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

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

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 Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by:





Mrs J L Stacy - Director


Melia Publishing Services Limited (Registered number: 02720202)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Melia Publishing Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of goods and commission receivable, excluding value added tax. Turnover relating to the sale of goods is recognised on despatch to the customer. Turnover relating to commission receivable is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Melia Publishing Services Limited (Registered number: 02720202)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

The company makes contributions to the personal pension scheme of one director.

Investments
Investments are stated at cost less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 122,465
Additions 1,406
At 31 December 2023 123,871
DEPRECIATION
At 1 January 2023 79,344
Charge for year 16,067
At 31 December 2023 95,411
NET BOOK VALUE
At 31 December 2023 28,460
At 31 December 2022 43,121

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 2,055,847 3,402,644
Other debtors 179,626 55,363
2,235,473 3,458,007

Melia Publishing Services Limited (Registered number: 02720202)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 2,705,694 3,461,142
Taxation and social security 218,438 156,812
Other creditors 21,991 32,860
2,946,123 3,650,814

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.23 31.12.22
£    £   
Within one year 26,400 27,772
Between one and five years 22,000 24,200
48,400 51,972