Rodney Melville and Partners Limited 06558877 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is chartered architects and historic building consultants Digita Accounts Production Advanced 6.30.9574.0 true 06558877 2023-10-01 2024-09-30 06558877 2024-09-30 06558877 core:CurrentFinancialInstruments 2024-09-30 06558877 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 06558877 core:Non-currentFinancialInstruments 2024-09-30 06558877 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 06558877 core:Goodwill 2024-09-30 06558877 core:OtherResidualIntangibleAssets 2024-09-30 06558877 core:WithinOneYear 2024-09-30 06558877 core:FurnitureFittingsToolsEquipment 2024-09-30 06558877 core:MotorVehicles 2024-09-30 06558877 bus:SmallEntities 2023-10-01 2024-09-30 06558877 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 06558877 bus:FilletedAccounts 2023-10-01 2024-09-30 06558877 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 06558877 bus:RegisteredOffice 2023-10-01 2024-09-30 06558877 bus:Director1 2023-10-01 2024-09-30 06558877 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 06558877 core:Goodwill 2023-10-01 2024-09-30 06558877 core:IntangibleAssetsOtherThanGoodwill 2023-10-01 2024-09-30 06558877 core:OtherResidualIntangibleAssets 2023-10-01 2024-09-30 06558877 core:ComputerEquipment 2023-10-01 2024-09-30 06558877 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 06558877 core:MotorVehicles 2023-10-01 2024-09-30 06558877 countries:EnglandWales 2023-10-01 2024-09-30 06558877 2023-09-30 06558877 core:Goodwill 2023-09-30 06558877 core:OtherResidualIntangibleAssets 2023-09-30 06558877 core:FurnitureFittingsToolsEquipment 2023-09-30 06558877 core:MotorVehicles 2023-09-30 06558877 2022-10-01 2023-09-30 06558877 2023-09-30 06558877 core:CurrentFinancialInstruments 2023-09-30 06558877 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 06558877 core:Non-currentFinancialInstruments 2023-09-30 06558877 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 06558877 core:Goodwill 2023-09-30 06558877 core:OtherResidualIntangibleAssets 2023-09-30 06558877 core:WithinOneYear 2023-09-30 06558877 core:FurnitureFittingsToolsEquipment 2023-09-30 06558877 core:MotorVehicles 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 06558877

Rodney Melville and Partners Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

Rodney Melville and Partners Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 9

 

Rodney Melville and Partners Limited

(Registration number: 06558877)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

66,109

133,348

Tangible assets

5

66,789

37,732

 

132,898

171,080

Current assets

 

Stocks

6

132,581

36,648

Debtors

7

472,840

561,897

Cash at bank and in hand

 

246,411

177,974

 

851,832

776,519

Creditors: Amounts falling due within one year

8

(267,408)

(332,410)

Net current assets

 

584,424

444,109

Total assets less current liabilities

 

717,322

615,189

Creditors: Amounts falling due after more than one year

8

(23,919)

(17,500)

Net assets

 

693,403

597,689

Capital and reserves

 

Called up share capital

3

3

Other reserves

40,550

35,653

Retained earnings

652,850

562,033

Shareholders' funds

 

693,403

597,689

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

 

Rodney Melville and Partners Limited

(Registration number: 06558877)
Balance Sheet as at 30 September 2024

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 June 2025 and signed on its behalf by:
 

.........................................
Mr M A Balkham
Director

 

Rodney Melville and Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Euston Place
Leamington Spa
CV32 4LJ

These financial statements were authorised for issue by the Board on 27 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

 

Rodney Melville and Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet 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, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Equipment

25% straight line

Motor vehicles

25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Website

20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Rodney Melville and Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in thebalance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

 

Rodney Melville and Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 15 (2023 - 15).

 

Rodney Melville and Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4

Intangible assets

Goodwill
 £

Website
 £

Total
£

Cost or valuation

At 1 October 2023

1,050,000

7,210

1,057,210

At 30 September 2024

1,050,000

7,210

1,057,210

Amortisation

At 1 October 2023

917,891

5,971

923,862

Amortisation charge

66,000

1,239

67,239

At 30 September 2024

983,891

7,210

991,101

Carrying amount

At 30 September 2024

66,109

-

66,109

At 30 September 2023

132,109

1,239

133,348

5

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 October 2023

130,043

66,691

196,734

Additions

14,946

41,583

56,529

Disposals

(92,786)

(66,691)

(159,477)

At 30 September 2024

52,203

41,583

93,786

Depreciation

At 1 October 2023

109,512

49,490

159,002

Charge for the year

10,270

2,929

13,199

Eliminated on disposal

(92,786)

(52,418)

(145,204)

At 30 September 2024

26,996

1

26,997

Carrying amount

At 30 September 2024

25,207

41,582

66,789

At 30 September 2023

20,531

17,201

37,732

 

Rodney Melville and Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

6

Stocks

2024
£

2023
£

Work in progress

132,581

36,648

7

Debtors

2024
£

2023
£

Trade debtors

91,266

255,578

Prepayments

16,064

13,207

Other debtors

365,510

293,112

472,840

561,897

8

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

9

17,164

10,000

Trade creditors

 

139,844

137,478

Taxation and social security

 

74,640

171,974

Accruals and deferred income

 

26,731

4,900

Other creditors

 

9,029

8,058

 

267,408

332,410

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

9

23,919

17,500

 

Rodney Melville and Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

9

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Other borrowings

7,500

17,500

HP and finance lease liability 1 (1-2 yrs)

16,419

-

23,919

17,500

Current loans and borrowings

2024
£

2023
£

Other borrowings

10,000

10,000

HP and finance lease liability 1 (under 1yr)

7,164

-

17,164

10,000

10

Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

2024
£

2023
£

Not later than one year

-

17,850

The amount of non-cancellable operating lease payments recognised as an expense during the year was £Nil (2023 - £590).

11

Related party transactions

At the balance sheet date, a director owed the company £208,016 (2023: £254,443). Interest of £5,710 has been charged on this amount at the official interest rate for beneficial loans.

During the year company paid dividends of £35,000 (2023: £Nil) to directors.