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REGISTERED NUMBER: 00693260 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

MELVYN MOFFATT & CO. LIMITED

MELVYN MOFFATT & CO. LIMITED (REGISTERED NUMBER: 00693260)

Contents of the Financial Statements
for the year ended 30 September 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


MELVYN MOFFATT & CO. LIMITED

Company Information
for the year ended 30 September 2024







Directors: Mr D P Moffatt
Mrs M Moffatt





Secretary: Mrs M Moffatt





Registered office: 21/23 Algitha Road
Skegness
Lincolnshire
PE25 2AG





Registered number: 00693260 (England and Wales)





Accountants: Haines Watts
Chartered Accountants
23 Algitha Road
Skegness
United Kingdom
PE25 2AG

MELVYN MOFFATT & CO. LIMITED (REGISTERED NUMBER: 00693260)

Statement of Financial Position
30 September 2024

2024 2023
Notes £ £ £ £
Fixed assets
Investment property 4 1,200,000 1,160,000

Current assets
Debtors 5 5,143 3,030
Cash at bank 50,820 42,048
55,963 45,078
Creditors
Amounts falling due within one year 6 48,642 56,661
Net current assets/(liabilities) 7,321 (11,583 )
Total assets less current liabilities 1,207,321 1,148,417

Capital and reserves
Called up share capital 7 800 800
Capital redemption reserve 200 200
Retained earnings 1,206,321 1,147,417
Shareholders' funds 1,207,321 1,148,417

MELVYN MOFFATT & CO. LIMITED (REGISTERED NUMBER: 00693260)

Statement of Financial Position - continued
30 September 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

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

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 13 March 2025 and were signed on its behalf by:





Mr D P Moffatt - Director


MELVYN MOFFATT & CO. LIMITED (REGISTERED NUMBER: 00693260)

Notes to the Financial Statements
for the year ended 30 September 2024


1. Statutory information

Melvyn Moffatt & Co. 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 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.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4. Investment property
Total
£
Fair value
At 1 October 2023 1,160,000
Revaluations 40,000
At 30 September 2024 1,200,000
Net book value
At 30 September 2024 1,200,000
At 30 September 2023 1,160,000

Fair value at 30 September 2024 is represented by:
£
Valuation in 2017 526,285
Valuation in 2018 (59,078 )
Valuation in 2019 25,719
Valuation in 2020 (10,000 )
Valuation in 2021 30,000
Valuation in 2022 10,000
Valuation in 2024 40,000
Cost 637,074
1,200,000

The Company's investment properties were revalued on 30 September 2024 by Mr D Moffatt, a Director at their estimated market value.

MELVYN MOFFATT & CO. LIMITED (REGISTERED NUMBER: 00693260)

Notes to the Financial Statements - continued
for the year ended 30 September 2024


5. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 1,425 1,425
Other debtors 3,718 1,605
5,143 3,030

6. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 10,600 10,600
Corporation tax 10,824 10,161
Directors' current accounts 25,468 34,150
Accruals and deferred income 1,750 1,750
48,642 56,661

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
800 Ordinary £1 800 800

8. Ultimate controlling party

The controlling party is Mr D P Moffatt and Mrs M Moffatt.