2023-09-30 04700571 2024-09-29 04700571 2023-09-30 2024-09-29 04700571 2023-09-29 04700571 2022-09-30 2023-09-29 04700571 uk-core:WithinOneYear 2023-09-29 04700571 uk-core:WithinOneYear 2024-09-29 04700571 uk-core:AfterOneYear 2023-09-29 04700571 uk-core:AfterOneYear 2024-09-29 04700571 uk-core:ShareCapital 2024-09-29 04700571 uk-core:ShareCapital 2023-09-29 04700571 uk-core:RetainedEarningsAccumulatedLosses 2024-09-29 04700571 uk-core:RetainedEarningsAccumulatedLosses 2023-09-29 04700571 uk-bus:Director1 2023-09-30 2024-09-29 04700571 uk-core:NetGoodwill 2023-09-30 2024-09-29 04700571 uk-core:OfficeEquipment 2023-09-30 2024-09-29 04700571 uk-core:Goodwill 2023-09-29 04700571 uk-core:Goodwill 2024-09-29 04700571 uk-core:WithinOneYear 2024-09-29 04700571 uk-core:WithinOneYear 2023-09-29 04700571 uk-core:AfterOneYear uk-core:Secured 2024-09-29 04700571 uk-core:AfterOneYear uk-core:Secured 2023-09-29 iso4217:GBP xbrli:pure 04700571 uk-bus:AuditExemptWithAccountantsReport 2023-09-30 2024-09-29 04700571 uk-bus:FRS102 2023-09-30 2024-09-29 04700571 uk-bus:FilletedAccounts 2023-09-30 2024-09-29 04700571 uk-bus:PrivateLimitedCompanyLtd 2023-09-30 2024-09-29
Melling Ridgeway & Partners Limited
Registered Number:04700571
For the year ended 29 September 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 29 September 2024
Melling Ridgeway & Partners Limited
Contents Page
1
Statement of Financial Position
2 to 6
Notes to the Financial Statements
3
Registered Number :
04700571
As at 29 September 2024
Melling Ridgeway & Partners Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
1
1
2
Property, plant and equipment
659
1
3
660
2
Current assets
Trade and other receivables
68,915
84,453
4
257,126
Cash and cash equivalents
269,191
353,644
326,041
Trade and other payables: amounts falling due within one
year
(71,922)
(55,641)
5
254,119
298,003
Net current assets
Total assets less current liabilities
298,663
254,121
Trade and other payables: amounts falling due after more
than one year
(13,889)
(5,625)
6
293,038
Net assets
240,232
Capital and reserves
Called up share capital
100
45
Retained earnings
292,938
240,187
293,038
240,232
Shareholders' funds
For the year ended 29 September 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 29 September 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
04700571
For the year ended 29 September 2024
Melling Ridgeway & Partners Limited
Statement of Financial Position Continued
T J Bannister Director
These financial statements were approved and authorised for issue by the Board on 28 October 2024 and were signed by:
The notes form part of these financial statements
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5
For the year ended 29 September 2024
Melling Ridgeway & Partners Limited
Notes to the Financial Statements
Statutory Information
Melling Ridgeway & Partners Limited is a private limited company, limited by shares, domiciled in England and
Wales, registration number 04700571.
Registered address:
24 Hodgson Street
Sheffield
S3 7WQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and
the Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Turnover is recognised on the completion of each large contract assignment or small job, in accordance with the contract terms.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 20 years.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
15% Reducing balance
Office Equipment
Inventories
Income on work in progress contracts is recognised by reference to the valuation of time spent on each contract, at the year end. Profit on work in progress contracts is recognised when the outcome of the contracts can be assessed with reasonable certainty, and is that amount which is estimated to fairly reflect the profit arising up to the year end. Profit on work in progress contracts is reflected in the profit and loss account as the difference between the reported turnover, and the related costs.
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6
For the year ended 29 September 2024
Melling Ridgeway & Partners Limited
Notes to the Financial Statements Continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 the 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 timing differences. 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 future profits.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 30 September 2023
275,000
At 29 September 2024
275,000
Amortisation
At 30 September 2023
274,999
At 29 September 2024
274,999
Net book value
At 29 September 2024
1
At 29 September 2023
1
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For the year ended 29 September 2024
Melling Ridgeway & Partners Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment
Office
Equipment
£
Cost or
valuation
At 30 September 2023
3,449
774
Additions
At 29 September 2024
4,223
Provision for depreciation and impairment
At 30 September 2023
3,448
Charge for year
116
At 29 September 2024
3,564
At 29 September 2024
Net book value
659
At 29 September 2023
1
4. Trade and other receivables
2023
2024
£
£
Trade debtors
41,853
20,712
Other debtors
42,600
48,203
68,915
84,453
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
8,272
8,068
Trade creditors
1,855
2,275
Taxation and social security
31,203
45,766
Other creditors
14,311
15,813
55,641
71,922
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
5,625
13,889
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For the year ended 29 September 2024
Melling Ridgeway & Partners Limited
Notes to the Financial Statements Continued
7. Related party transactions
The director is also a shareholder of the company. Dividends paid to T J Bannister, as director and shareholder
of the company, during the year (with the previous year shown in brackets) were £34,000 (£34,000).
8. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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