Acorah Software Products - Accounts Production 15.0.600 false true true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 09810316 Mr Gananath Ediwara iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09810316 2022-10-31 09810316 2023-10-31 09810316 2022-11-01 2023-10-31 09810316 frs-core:CurrentFinancialInstruments 2023-10-31 09810316 frs-core:Non-currentFinancialInstruments 2023-10-31 09810316 frs-core:FurnitureFittings 2023-10-31 09810316 frs-core:FurnitureFittings 2022-11-01 2023-10-31 09810316 frs-core:FurnitureFittings 2022-10-31 09810316 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-31 09810316 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-11-01 2023-10-31 09810316 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-10-31 09810316 frs-core:SharePremium 2023-10-31 09810316 frs-core:ShareCapital 2023-10-31 09810316 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 09810316 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 09810316 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 09810316 frs-bus:SmallEntities 2022-11-01 2023-10-31 09810316 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 09810316 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 09810316 frs-bus:Director1 2022-11-01 2023-10-31 09810316 frs-countries:EnglandWales 2022-11-01 2023-10-31 09810316 2021-10-31 09810316 2022-10-31 09810316 2021-11-01 2022-10-31 09810316 frs-core:CurrentFinancialInstruments 2022-10-31 09810316 frs-core:Non-currentFinancialInstruments 2022-10-31 09810316 frs-core:SharePremium 2022-10-31 09810316 frs-core:ShareCapital 2022-10-31 09810316 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 09810316
Melisi Limited
Financial Statements
For The Year Ended 31 October 2023
SAWHNEY CONSULTING
C/O Sawhney Consulting Limited
429 - 433 Pinner Road
Harrow
HA1 4HN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09810316
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 32,827 39,446
32,827 39,446
CURRENT ASSETS
Stocks 5 1,500 2,017
Debtors 6 173,148 35,398
Cash at bank and in hand 3,348 5,687
177,996 43,102
Creditors: Amounts Falling Due Within One Year 7 (138,767 ) (145,409 )
NET CURRENT ASSETS (LIABILITIES) 39,229 (102,307 )
TOTAL ASSETS LESS CURRENT LIABILITIES 72,056 (62,861 )
Creditors: Amounts Falling Due After More Than One Year 8 (126,363 ) -
NET LIABILITIES (54,307 ) (62,861 )
CAPITAL AND RESERVES
Called up share capital 9 111 111
Share premium account 13,989 13,989
Profit and Loss Account (68,407 ) (76,961 )
SHAREHOLDERS' FUNDS (54,307) (62,861)
Page 1
Page 2
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Gananath Ediwara
Director
31 October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Melisi Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09810316 . The registered office is 129 High Street, Ruislip, Middlesex, HA4 8JY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The accounts are prepared on a going concern basis notwithstanding the fact that the company balance sheet has a negative equity. The company director, who is owed by the company will not recall loan owed to him until the company turns into profitability and financially able to repay.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold : 129 High street over 5 years
Fixtures, fittings, tools and equipment 20% Straight line method
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2022: 14)
13 14
4. Tangible Assets
Land & Property
Leasehold : 129 High street Fixtures, fittings, tools and equipment Total
£ £ £
Cost
As at 1 November 2022 45,000 103,841 148,841
Additions - 4,400 4,400
As at 31 October 2023 45,000 108,241 153,241
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 November 2022 17,857 91,538 109,395
Provided during the period 6,429 4,590 11,019
As at 31 October 2023 24,286 96,128 120,414
Net Book Value
As at 31 October 2023 20,714 12,113 32,827
As at 1 November 2022 27,143 12,303 39,446
5. Stocks
2023 2022
£ £
Stock 1,500 2,017
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 683 14,701
Other debtors 21,649 20,506
22,332 35,207
Due after more than one year
Amounts owed by participating interests 150,816 191
173,148 35,398
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 12,169 6,416
Other creditors 94,540 86,732
Taxation and social security 32,058 52,261
138,767 145,409
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 126,363 -
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 111 111
Page 4