Silverfin false false 31/03/2024 01/04/2023 31/03/2024 Sarah Helen Carden 17/05/2016 Rachel Ann Degg 21/06/2024 15/01/2016 David Arthur Gordon Kydd 25/05/2023 01/12/2021 Peter Roy Wain 15/01/2016 Mr P R Wain 11 October 2024 The principal activity of the company continued to be the management of rural properties. 09954077 2024-03-31 09954077 bus:Director1 2024-03-31 09954077 bus:Director2 2024-03-31 09954077 bus:Director3 2024-03-31 09954077 bus:Director4 2024-03-31 09954077 2023-03-31 09954077 core:CurrentFinancialInstruments 2024-03-31 09954077 core:CurrentFinancialInstruments 2023-03-31 09954077 core:Non-currentFinancialInstruments 2024-03-31 09954077 core:Non-currentFinancialInstruments 2023-03-31 09954077 core:ShareCapital 2024-03-31 09954077 core:ShareCapital 2023-03-31 09954077 core:SharePremium 2024-03-31 09954077 core:SharePremium 2023-03-31 09954077 core:RetainedEarningsAccumulatedLosses 2024-03-31 09954077 core:RetainedEarningsAccumulatedLosses 2023-03-31 09954077 core:OtherPropertyPlantEquipment 2023-03-31 09954077 core:OtherPropertyPlantEquipment 2024-03-31 09954077 core:ImmediateParent core:CurrentFinancialInstruments 2024-03-31 09954077 core:ImmediateParent core:CurrentFinancialInstruments 2023-03-31 09954077 2023-04-01 2024-03-31 09954077 bus:FilletedAccounts 2023-04-01 2024-03-31 09954077 bus:SmallEntities 2023-04-01 2024-03-31 09954077 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09954077 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09954077 bus:Director1 2023-04-01 2024-03-31 09954077 bus:Director2 2023-04-01 2024-03-31 09954077 bus:Director3 2023-04-01 2024-03-31 09954077 bus:Director4 2023-04-01 2024-03-31 09954077 bus:Director5 2023-04-01 2024-03-31 09954077 core:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 09954077 2022-04-01 2023-03-31 09954077 core:Non-currentFinancialInstruments 2023-04-01 2024-03-31 09954077 1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Company No: 09954077 (England and Wales)

MELLER SPEAKMAN LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

MELLER SPEAKMAN LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

MELLER SPEAKMAN LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2024
MELLER SPEAKMAN LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2024
DIRECTORS Sarah Helen Carden
Rachel Ann Degg (Resigned 21 June 2024)
David Arthur Gordon Kydd (Resigned 25 May 2023)
Peter Roy Wain
SECRETARY Peter Roy Wain
REGISTERED OFFICE Aus-Bore House
Manchester Road
Wilmslow
SK9 1BQ
United Kingdom
COMPANY NUMBER 09954077 (England and Wales)
CHARTERED ACCOUNTANTS Barlow Andrews LLP
Carlyle House
78 Chorley New Road
Bolton
MELLER SPEAKMAN LIMITED

BALANCE SHEET

As at 31 March 2024
MELLER SPEAKMAN LIMITED

BALANCE SHEET (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 4 21,099 25,597
21,099 25,597
Current assets
Debtors 5 332,467 407,861
Cash at bank and in hand 271,142 111,982
603,609 519,843
Creditors: amounts falling due within one year 6 ( 234,335) ( 214,683)
Net current assets 369,274 305,160
Total assets less current liabilities 390,373 330,757
Creditors: amounts falling due after more than one year 7 ( 11,667) ( 21,667)
Net assets 378,706 309,090
Capital and reserves
Called-up share capital 3 3
Share premium account 257,935 257,935
Profit and loss account 120,768 51,152
Total shareholder's funds 378,706 309,090

For the financial year ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Meller Speakman Limited (registered number: 09954077) were approved and authorised for issue by the Board of Directors on 11 October 2024. They were signed on its behalf by:

Mr P R Wain
Director
MELLER SPEAKMAN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
MELLER SPEAKMAN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Meller Speakman Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Aus-Bore House, Manchester Road, Wilmslow, SK9 1BQ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 15 - 30 % reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised.

3. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 18 14

4. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 April 2023 53,249 53,249
Additions 1,885 1,885
At 31 March 2024 55,134 55,134
Accumulated depreciation
At 01 April 2023 27,652 27,652
Charge for the financial year 6,383 6,383
At 31 March 2024 34,035 34,035
Net book value
At 31 March 2024 21,099 21,099
At 31 March 2023 25,597 25,597

5. Debtors

2024 2023
£ £
Trade debtors 210,322 299,959
Amounts owed by Parent undertakings 85,456 80,373
Other debtors 36,689 27,529
332,467 407,861

6. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 10,000 10,000
Trade creditors 85,309 82,431
Amounts owed to Group undertakings 0 19,983
Taxation and social security 131,483 65,067
Other creditors 7,543 37,202
234,335 214,683

7. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 11,667 21,667

There are no amounts included above in respect of which any security has been given by the small entity.

8. Ultimate controlling party

The company is a wholly owned subsidiary of Meller Speakman Holdings Limited, which is registered in the United Kingdom.