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REGISTERED NUMBER: 09893915 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

Melody Properties Limited

Melody Properties Limited (Registered number: 09893915)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2025




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


Melody Properties Limited

COMPANY INFORMATION
for the year ended 31 March 2025







Directors: Dr C Lloyd
Mrs T Lloyd





Registered office: 3 The Moorings
Babis Lane
Saltash
Cornwall
PL12 4FG





Registered number: 09893915 (England and Wales)





Accountants: Websters
129 North Hill
Plymouth
Devon
PL4 8JY

Melody Properties Limited (Registered number: 09893915)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £    £   
Fixed assets
Tangible assets 4 536 355
Investment property 5 300,000 295,000
300,536 295,355

Current assets
Debtors 6 449 392
Cash at bank 11,030 11,417
11,479 11,809
Creditors
Amounts falling due within one year 7 268,339 277,750
Net current liabilities (256,860 ) (265,941 )
Total assets less current liabilities 43,676 29,414

Provisions for liabilities 8 8,300 5,600
Net assets 35,376 23,814

Capital and reserves
Called up share capital 9 1,000 1,000
Revaluation reserve 10 62,739 60,439
Retained earnings (28,363 ) (37,625 )
Shareholders' funds 35,376 23,814

Melody Properties Limited (Registered number: 09893915)

BALANCE SHEET - continued
31 March 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 June 2025 and were signed on its behalf by:





Mrs T Lloyd - Director


Melody Properties Limited (Registered number: 09893915)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2025

1. STATUTORY INFORMATION

Melody Properties Limited is a private company, limited by shares, registered in England and Wales. The company's registered number, business address 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of investment properties.

Turnover
Turnover represents amounts due in respect of rents receivable adjusted for amounts in advance or arrears at the balance sheet date.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Furniture & fittings20% on cost

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

Melody Properties Limited (Registered number: 09893915)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Furniture
& fittings
£   
Cost
At 1 April 2024 5,694
Additions 306
At 31 March 2025 6,000
Depreciation
At 1 April 2024 5,339
Charge for year 125
At 31 March 2025 5,464
Net book value
At 31 March 2025 536
At 31 March 2024 355

Melody Properties Limited (Registered number: 09893915)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2025

5. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 April 2024 295,000
Revaluations 5,000
At 31 March 2025 300,000
Net book value
At 31 March 2025 300,000
At 31 March 2024 295,000

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2021 26,039
Valuation in 2022 25,000
Valuation in 2023 10,000
Valuation in 2024 5,000
Valuation in 2025 5,000
Cost 228,961
300,000

The property was revalued by the directors based upon open market value as at the balance sheet date.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 449 392

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other creditors 268,339 277,750

8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 8,300 5,600

Melody Properties Limited (Registered number: 09893915)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2025

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2024 5,600
Provided during year 2,700
Balance at 31 March 2025 8,300

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1,000 Ordinary £1 1,000 1,000

10. RESERVES
Revaluation
reserve
£   
At 1 April 2024 60,439
Transfer to revaluation
reserve 2,300

At 31 March 2025 62,739

11. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed Mrs T Lloyd, a director and shareholder, £262,065 in respect of her loan to the company.

During the year, the company paid Mrs T Lloyd interest of £8,230 in respect of this loan.

12. ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by the directors.