Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12593032 Mr John Melia iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12593032 2023-07-31 12593032 2024-07-31 12593032 2023-08-01 2024-07-31 12593032 frs-core:CurrentFinancialInstruments 2024-07-31 12593032 frs-core:ComputerEquipment 2024-07-31 12593032 frs-core:ComputerEquipment 2023-08-01 2024-07-31 12593032 frs-core:ComputerEquipment 2023-07-31 12593032 frs-core:FurnitureFittings 2024-07-31 12593032 frs-core:FurnitureFittings 2023-08-01 2024-07-31 12593032 frs-core:FurnitureFittings 2023-07-31 12593032 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 12593032 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 12593032 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-31 12593032 frs-core:ShareCapital 2024-07-31 12593032 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12593032 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12593032 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12593032 frs-bus:SmallEntities 2023-08-01 2024-07-31 12593032 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12593032 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12593032 frs-bus:Director1 2023-08-01 2024-07-31 12593032 frs-countries:EnglandWales 2023-08-01 2024-07-31 12593032 2022-07-31 12593032 2023-07-31 12593032 2022-08-01 2023-07-31 12593032 frs-core:CurrentFinancialInstruments 2023-07-31 12593032 frs-core:ShareCapital 2023-07-31 12593032 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12593032
Melia Propco Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
AJI Accounting Solutions Ltd
Accsol House
High Street, Johnstown
Wrexham
LL14 2SH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12593032
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 164,115 164,300
164,115 164,300
CURRENT ASSETS
Stocks 5 5,500 5,177
Cash at bank and in hand 1,476 4,030
6,976 9,207
Creditors: Amounts Falling Due Within One Year 6 (262,613 ) (229,120 )
NET CURRENT ASSETS (LIABILITIES) (255,637 ) (219,913 )
TOTAL ASSETS LESS CURRENT LIABILITIES (91,522 ) (55,613 )
NET LIABILITIES (91,522 ) (55,613 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (91,523 ) (55,614 )
SHAREHOLDERS' FUNDS (91,522) (55,613)
Page 1
Page 2
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr John Melia
Director
14/02/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Melia Propco Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12593032 . The registered office is Pen Y Gardden Hall, Pen Y Gardden, Tatham Road, Ruabon, Wrexham, LL14 6RE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold No depreciation policy
Fixtures & Fittings 10% Reducing Balance
Computer Equipment 25% Reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 6)
6 6
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 163,361 372 1,075 164,808
As at 31 July 2024 163,361 372 1,075 164,808
Depreciation
As at 1 August 2023 - 37 471 508
Provided during the period - 34 151 185
As at 31 July 2024 - 71 622 693
Net Book Value
As at 31 July 2024 163,361 301 453 164,115
As at 1 August 2023 163,361 335 604 164,300
5. Stocks
2024 2023
£ £
Stock 5,500 5,177
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,775 800
VAT 3,830 3,636
Accruals and deferred income - 2,102
Director's loan account 257,008 222,582
262,613 229,120
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4