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REGISTERED NUMBER: 01410455 (England and Wales)












REPORT OF THE DIRECTORS AND


ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 APRIL 2024

FOR

MELBRIAN LIMITED

MELBRIAN LIMITED (REGISTERED NUMBER: 01410455)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 APRIL 2024










Page

Company Information 1

Report of the Directors 2

Abridged Balance Sheet 3

Notes to the Financial Statements 5


MELBRIAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 APRIL 2024







DIRECTORS: Miss E R Davis
Mr B K Davis
Mrs M I Davis





SECRETARY: Mr B K Davis





REGISTERED OFFICE: Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE





REGISTERED NUMBER: 01410455 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

MELBRIAN LIMITED (REGISTERED NUMBER: 01410455)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 29 APRIL 2024


The directors present their report with the financial statements of the company for the year ended 29 April 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of retailing of pictures and picture framing,

DIVIDENDS
An interim dividend of £4 per share was paid on the Ordinary B £1 shares on 29 April 2024. No dividends were paid on any other classes of shares.

The total distribution of dividends for the year ended 29 April 2024 will be £ 40,000 .

DIRECTORS
The directors shown below have held office during the whole of the period from 30 April 2023 to the date of this report.

Miss E R Davis
Mr B K Davis
Mrs M I Davis

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

ON BEHALF OF THE BOARD:





Mr B K Davis - Director


14 January 2025

MELBRIAN LIMITED (REGISTERED NUMBER: 01410455)

ABRIDGED BALANCE SHEET
29 APRIL 2024

29.4.24 29.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 436,746 445,699
436,746 445,699

CURRENT ASSETS
Stocks 100,929 144,340
Debtors 31,991 31,856
Cash at bank and in hand 334 378
133,254 176,574
CREDITORS
Amounts falling due within one year 214,370 248,321
NET CURRENT LIABILITIES (81,116 ) (71,747 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

355,630

373,952

CREDITORS
Amounts falling due after more than one
year

6

(93,197

)

(104,397

)

PROVISIONS FOR LIABILITIES 8 (41,081 ) -
NET ASSETS 221,352 269,555

CAPITAL AND RESERVES
Called up share capital 9 25,074 25,074
Share premium 10 19,974 19,974
Capital redemption reserve 10 26 26
Fair value reserve 10 123,241 164,322
Retained earnings 10 53,037 60,159
SHAREHOLDERS' FUNDS 221,352 269,555

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 April 2024 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.

MELBRIAN LIMITED (REGISTERED NUMBER: 01410455)

ABRIDGED BALANCE SHEET - continued
29 APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 29 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 14 January 2025 and were signed on its behalf by:





Mr B K Davis - Director


MELBRIAN LIMITED (REGISTERED NUMBER: 01410455)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 APRIL 2024


1. STATUTORY INFORMATION

Melbrian 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents amounts derived from the sale of goods to customers during the year, and is recognised at the date the risks and rewards of ownership of goods were transferred to the customer. This is stated after trade discounts, other sales taxes and net of VAT.

Goodwill
Goodwill is amortised over a ten year period from the date of acquisition.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 20% on cost
Long leasehold - not provided
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks have been valued at the lower of cost and net realisable value.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 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 the timing difference.

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 other future taxable profits.

MELBRIAN LIMITED (REGISTERED NUMBER: 01410455)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 APRIL 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets held under hire purchase are capitalised and depreciated over their useful lives.

Rentals paid under operating leases are charged to the profit and loss account as incurred.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme in respect of its employees and the pension charge represents the contributions to the fund paid by the company in the year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 30 April 2023
and 29 April 2024 23,000
AMORTISATION
At 30 April 2023
and 29 April 2024 23,000
NET BOOK VALUE

At 29 April 2024 -
At 29 April 2023 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 30 April 2023 743,589
Additions 755
At 29 April 2024 744,344
DEPRECIATION
At 30 April 2023 297,890
Charge for year 9,708
At 29 April 2024 307,598
NET BOOK VALUE
At 29 April 2024 436,746
At 29 April 2023 445,699

MELBRIAN LIMITED (REGISTERED NUMBER: 01410455)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 APRIL 2024


5. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 29 April 2024 is represented by:

Totals
£   
Valuation in 2009 164,322
Cost 580,022
744,344

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
29.4.24 29.4.23
£    £   
Repayable by instalments
Bank loans - over five years 27,581 36,099

7. LOANS

An analysis of the maturity of loans is given below:

29.4.24 29.4.23
£    £   
Amounts falling due within one year or on demand:
Bank loan 17,630 17,630

Amounts falling due between one and two years:
Bank loans - 1-2 years 18,121 18,121

Amounts falling due between two and five years:
Bank loans - 2-5 years 47,495 50,177

Amounts falling due in more than five years:

Repayable by instalments
Bank loans - over five years 27,581 36,099

8. PROVISIONS FOR LIABILITIES
29.4.24 29.4.23
£    £   
Deferred tax 41,081 -

Deferred
tax
£   
Provided during year 41,081
Balance at 29 April 2024 41,081

MELBRIAN LIMITED (REGISTERED NUMBER: 01410455)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 APRIL 2024


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.4.24 29.4.23
value: £    £   
74 Ordinary £1 74 74
15,000 Ordinary 'A' £1 15,000 15,000
10,000 Ordinary B £1 10,000 10,000
25,074 25,074

10. RESERVES
Capital Fair
Retained Share redemption value
earnings premium reserve reserve Totals
£    £    £    £    £   

At 30 April 2023 60,159 19,974 26 164,322 244,481
Profit for the year 32,878 32,878
Dividends (40,000 ) (40,000 )
Deferred tax - - - (41,081 ) (41,081 )
At 29 April 2024 53,037 19,974 26 123,241 196,278

The fair value reserve represents the difference between the current market value of the long leasehold property and its historic cost.