IRIS Accounts Production v24.3.0.553 02809117 Board of Directors Board of Directors 31.10.22 30.10.23 30.10.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh028091172022-10-30028091172023-10-30028091172022-10-312023-10-30028091172021-10-30028091172021-10-312022-10-30028091172022-10-3002809117ns15:EnglandWales2022-10-312023-10-3002809117ns14:PoundSterling2022-10-312023-10-3002809117ns10:Director12022-10-312023-10-3002809117ns10:Director22022-10-312023-10-3002809117ns10:PrivateLimitedCompanyLtd2022-10-312023-10-3002809117ns10:SmallEntities2022-10-312023-10-3002809117ns10:AuditExempt-NoAccountantsReport2022-10-312023-10-3002809117ns10:SmallCompaniesRegimeForDirectorsReport2022-10-312023-10-3002809117ns10:SmallCompaniesRegimeForAccounts2022-10-312023-10-3002809117ns10:FullAccounts2022-10-312023-10-3002809117ns10:RegisteredOffice2022-10-312023-10-3002809117ns5:CurrentFinancialInstruments2023-10-3002809117ns5:CurrentFinancialInstruments2022-10-3002809117ns5:Non-currentFinancialInstruments2023-10-3002809117ns5:Non-currentFinancialInstruments2022-10-3002809117ns5:ShareCapital2023-10-3002809117ns5:ShareCapital2022-10-3002809117ns5:RevaluationReserve2023-10-3002809117ns5:RevaluationReserve2022-10-3002809117ns5:RetainedEarningsAccumulatedLosses2023-10-3002809117ns5:RetainedEarningsAccumulatedLosses2022-10-3002809117ns5:CostValuation2022-10-3002809117ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3002809117ns5:WithinOneYearns5:CurrentFinancialInstruments2022-10-30
REGISTERED NUMBER: 02809117 (England and Wales)














Financial Statements for the Year Ended 30 October 2023

for

Melview Properties Limited

Melview Properties Limited (Registered number: 02809117)






Contents of the Financial Statements
for the Year Ended 30 October 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Melview Properties Limited

Company Information
for the Year Ended 30 October 2023







DIRECTORS: Mr S Goldstone
Mr L Magar





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: 02809117 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Melview Properties Limited (Registered number: 02809117)

Statement of Financial Position
30 October 2023

30.10.23 30.10.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 250 250
Investment property 5 1,500,000 1,500,000
1,500,250 1,500,250

CURRENT ASSETS
Debtors 6 1,028,841 1,028,901
Cash at bank 19,958 18,053
1,048,799 1,046,954
CREDITORS
Amounts falling due within one year 7 72,833 85,450
NET CURRENT ASSETS 975,966 961,504
TOTAL ASSETS LESS CURRENT LIABILITIES 2,476,216 2,461,754

CREDITORS
Amounts falling due after more than one
year

8

261,460

301,983
NET ASSETS 2,214,756 2,159,771

CAPITAL AND RESERVES
Called up share capital 99 99
Revaluation reserve 1,305,157 1,305,157
Retained earnings 909,500 854,515
SHAREHOLDERS' FUNDS 2,214,756 2,159,771

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 October 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.

Melview Properties Limited (Registered number: 02809117)

Statement of Financial Position - continued
30 October 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 Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:




Mr S Goldstone - Director



Mr L Magar - Director


Melview Properties Limited (Registered number: 02809117)

Notes to the Financial Statements
for the Year Ended 30 October 2023

1. STATUTORY INFORMATION

Melview Properties 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.

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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Fixed asset investments
Fixed asset investments are carried at cost less provisions for impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 31 October 2022
and 30 October 2023 250
NET BOOK VALUE
At 30 October 2023 250
At 30 October 2022 250

Melview Properties Limited (Registered number: 02809117)

Notes to the Financial Statements - continued
for the Year Ended 30 October 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 31 October 2022
and 30 October 2023 1,500,000
NET BOOK VALUE
At 30 October 2023 1,500,000
At 30 October 2022 1,500,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.10.23 30.10.22
£    £   
Other debtors 1,028,841 1,028,901

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.10.23 30.10.22
£    £   
Bank loans and overdrafts 28,023 15,449
Amounts owed to group undertakings - 15,000
Taxation and social security 15,728 24,489
Other creditors 29,082 30,512
72,833 85,450

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.10.23 30.10.22
£    £   
Bank loans 261,460 301,983

9. SECURED DEBTS

Natwest Plc

Other creditors include an amount with a fixed and floating charge over the undertaking and all property and assets, present and future, including goodwill, bookdebts, uncalled capital, buildings, fixtures and fixed plant and machinery.

10. RELATED PARTY DISCLOSURES

The directors, Mr Magar and Mr Goldstone, are considered to be the key management personnel.