GRAND MELINA LIMITED

Company Registration Number:
06787227 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

GRAND MELINA LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GRAND MELINA LIMITED

Company Information

for the Period Ended 31 January 2024




Director: Tomasz Boryna
Secretary: Joanna Dopierala
Registered office: 18
Canberra Road
London
SE7 7BA
Company Registration Number: 06787227 (England and Wales)

GRAND MELINA LIMITED

Directors' Report Period Ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal Activities

Retail of clothing, computing, household goods and measuring equipment

Political and charitable donations

No political or charitable donations were made

Company policy on the employment of disabled persons

Company is fully committed to a policy of treating all its employees and job applicants equally, regardless of whether or not they have a disability

Additional information

Business Review: Sales turnover in the year under review was £255. Sales turnover reflected the very difficult market conditions which were encountered during the accounting period in question. The company has prepared itself with a new retail strategy for the next year. The market research still shows continued demand for the company's products. Results and dividends: Based upon current years' financial result it has been decided that the dividend paid on the ordinary share is £0.00 per share. Retained capital and stock will ensure sufficient funds for next year. Financial Control: The director acknowledges responsibility for the company’s system of internal financial control and believes the established systems including the computerisation of the company’s financial accounts are appropriate to the business. No material losses or contingencies have arisen during the 12 months trading period that would require disclosure by the director. Having formed an opinion at the time of approving these accounts it is the intention of the director to continue to support the company financially, the retained founds and stock within the company being sufficient to ensure the company has adequate resources to continue existing trading policies and the director have adopted a going concern basis in preparing the accounts. It is the view of the director that the accounts presented represent a true and fair view of the state of affairs of the company and result for the period of trading between 01/02/2023 and 31/01/2024. Suitable accounting policies have been established and applied consistently and disclose with reasonable accuracy the financial position of the company. The members have agreed to the preparation of abridged account for this accounting period in accordance with Section 444(2A). For the period ended 31/01/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006 These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102.

Directors

The directors shown below have held office during the whole of the period from 01 February 2023 to 31 January 2024
Tomasz Boryna

Secretary
Joanna Dopierala

This report was approved by the board of directors on 25 May 2024
And Signed On Behalf Of The Board By:

Name: Tomasz Boryna
Status: Director

GRAND MELINA LIMITED

Profit and Loss Account

for the Period Ended 31 January 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 238 224
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 553 ) ( 250 )
Operating Profit or (Loss) ( 315 ) ( 26 )
Profit or (Loss) Before Tax ( 315 ) ( 26 )
Profit or (Loss) for Period ( 315 ) ( 26 )

The notes form part of these financial statements

GRAND MELINA LIMITED

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,195 244
Total fixed assets: 1,195 244
Current assets
Stocks: 216 233
Cash at bank and in hand: 2,404 3,653
Total current assets: 2,620 3,886
Net current assets (liabilities): 2,620 3,886
Total assets less current liabilities: 3,815 4,130
Total net assets (liabilities): 3,815 4,130

The notes form part of these financial statements

GRAND MELINA LIMITED

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2,000 2,000
Profit and loss account: 1,815 2,130
Shareholders funds: 3,815 4,130

For the year ending 31 January 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 25 May 2024
And Signed On Behalf Of The Board By:

Name: Tomasz Boryna
Status: Director

The notes form part of these financial statements

GRAND MELINA LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of estimated useful life of each asset in order to write off their value over its estimated useful life.

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstance indicate that the carrying value of an asset may not be fully recoverable.

    Valuation information and policy

    Stock is valued at the lower of cost and net realisable value.

    Other accounting policies

    Foreign currencies: Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction.

GRAND MELINA LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

GRAND MELINA LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

GRAND MELINA LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible Assets

Total
Cost £
At 01 February 2023 244
Additions 1,207
Disposals -
Revaluations -
Transfers -
At 31 January 2024 1,451
Depreciation
At 01 February 2023 -
Charge for year 256
On disposals -
Other adjustments -
At 31 January 2024 256
Net book value
At 31 January 2024 1,195
At 31 January 2023 244