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REGISTERED NUMBER: 12079476 (England and Wales)










Melior Labs Limited

Unaudited Financial Statements

for the Year Ended 31 July 2024






Melior Labs Limited (Registered number: 12079476)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Melior Labs Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: H James
J Hurley
R E Hopkins
A C Vere Nicoll
R Singh





REGISTERED OFFICE: Soho Works White City 2
Television Centre
101 Wood Lane
London
England
W12 7FA





REGISTERED NUMBER: 12079476 (England and Wales)

Melior Labs Limited (Registered number: 12079476)

Balance Sheet
31 July 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 5 282,915 282,903
Tangible assets 6 12,103 13,467
295,018 296,370

CURRENT ASSETS
Debtors 7 212,040 13,743
Prepayments and accrued income - 2,321
Cash at bank 6,619 622
218,659 16,686
CREDITORS
Amounts falling due within one year 8 (1,263,884 ) (326,590 )
NET CURRENT LIABILITIES (1,045,225 ) (309,904 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(750,207

)

(13,534

)

CAPITAL AND RESERVES
Called up share capital 79,872 129
Share premium 1,135,590 1,200,582
Retained earnings (1,965,669 ) (1,214,245 )
(750,207 ) (13,534 )

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

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

Melior Labs Limited (Registered number: 12079476)

Balance Sheet - continued
31 July 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2025 and were signed on its behalf by:





A C Vere Nicoll - Director


Melior Labs Limited (Registered number: 12079476)

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

1. STATUTORY INFORMATION

Melior Labs 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. COMPLIANCE WITH ACCOUNTING STANDARDS

The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.

3. ACCOUNTING POLICIES

BASIS OF PREPARATION
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

PRESENTATION CURRENCY
The accounts are presented in £ sterling.

INTANGIBLE FIXED ASSETS
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated depreciation.

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
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and
installation.

DEPRECIATION
Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset classDepreciation method and rate
Office equipment25% straight line basis



4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

Melior Labs Limited (Registered number: 12079476)

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

5. INTANGIBLE FIXED ASSETS
Computer
Goodwill software Totals
£    £    £   
COST
At 1 August 2023 20,700 313,341 334,041
Additions - 72,200 72,200
At 31 July 2024 20,700 385,541 406,241
AMORTISATION
At 1 August 2023 12,556 38,582 51,138
Amortisation for year 2,036 70,152 72,188
At 31 July 2024 14,592 108,734 123,326
NET BOOK VALUE
At 31 July 2024 6,108 276,807 282,915
At 31 July 2023 8,144 274,759 282,903

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 16,032
Additions 839
At 31 July 2024 16,871
DEPRECIATION
At 1 August 2023 2,565
Charge for year 2,203
At 31 July 2024 4,768
NET BOOK VALUE
At 31 July 2024 12,103
At 31 July 2023 13,467

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 79,743 -
Tax 113,809 -
VAT 18,488 13,743
212,040 13,743

Melior Labs Limited (Registered number: 12079476)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans 511,017 12,000
Trade creditors 9,886 24,339
Social security and other tax 237,895 87,563
Other loans and creditors 69,856 20,000
Credit Card 25,613 30,390
Wages Control Account 34,361 18,431
Loans from directors 353,150 128,761
Accrued expenses 22,106 5,106
1,263,884 326,590