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REGISTERED NUMBER: 05989371 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

MELPHI Enterprises Limited

MELPHI Enterprises Limited (Registered number: 05989371)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MELPHI Enterprises Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr P O'Boyle
Mrs M O'Boyle





SECRETARY: Mrs M O'Boyle





REGISTERED OFFICE: 10 St Helena
Boroughbridge
York
YO51 9AG





REGISTERED NUMBER: 05989371 (England and Wales)





ACCOUNTANTS: Wild & Co Chartered Accountants
Windsor House
Cornwall Road
Harrogate
HG1 2PW

MELPHI Enterprises Limited (Registered number: 05989371)

Abridged Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,124 1,322

CURRENT ASSETS
Debtors 25,714 18,187
Cash at bank 78,446 111,260
104,160 129,447
CREDITORS
Amounts falling due within one year 18,619 20,089
NET CURRENT ASSETS 85,541 109,358
TOTAL ASSETS LESS CURRENT
LIABILITIES

86,665

110,680

CREDITORS
Amounts falling due after more than one year 4,233 10,583
NET ASSETS 82,432 100,097

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 82,332 99,997
SHAREHOLDERS' FUNDS 82,432 100,097

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

MELPHI Enterprises Limited (Registered number: 05989371)

Abridged Balance Sheet - continued
31 December 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 31 December 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 21 March 2025 and were signed on its behalf by:





Mr P O'Boyle - Director


MELPHI Enterprises Limited (Registered number: 05989371)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

MELPHI Enterprises 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

MELPHI Enterprises Limited (Registered number: 05989371)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024
and 31 December 2024 2,722
DEPRECIATION
At 1 January 2024 1,400
Charge for year 198
At 31 December 2024 1,598
NET BOOK VALUE
At 31 December 2024 1,124
At 31 December 2023 1,322

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary shares £1.00 100 100

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
Mr P O'Boyle and Mrs M O'Boyle
Balance outstanding at start of year - -
Amounts advanced (56,496 ) (48,784 )
Amounts repaid 56,496 48,784
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The director loan of £nil is money advanced to the Company by the Director as at 31 December 2024.The loan is unsecured and interest free. The loan is repayable on demand.

7. RELATED PARTY DISCLOSURES

The director loan of £nil is money advanced to the Company by the Director as at 31 December 2024. The loan is unsecured and interest free. The loan is repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The directors are the ultimate controlling party by virtue of their shareholding.