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REGISTERED NUMBER: 13046410 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Mellia Properties Ltd

Mellia Properties Ltd (Registered number: 13046410)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Mellia Properties Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Mr A Saadat Melli





REGISTERED OFFICE: 1a Woodlands Road
Altrincham
WA14 1HG





REGISTERED NUMBER: 13046410 (England and Wales)





ACCOUNTANTS: Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR

Mellia Properties Ltd (Registered number: 13046410)

Balance Sheet
31 March 2025

2025 2024
Notes £    £   
FIXED ASSETS
Investment property 4 299,110 198,000

CURRENT ASSETS
Debtors 5 253 92
Cash at bank - 242
253 334
CREDITORS
Amounts falling due within one year 6 (4,776 ) (3,780 )
NET CURRENT LIABILITIES (4,523 ) (3,446 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

294,587

194,554

CREDITORS
Amounts falling due after more than one
year

7

(276,573

)

(192,401

)

PROVISIONS FOR LIABILITIES 9 (4,414 ) (449 )
NET ASSETS 13,600 1,704

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Revaluation reserve 10 25,351 11,101
Retained earnings (12,751 ) (10,397 )
SHAREHOLDERS' FUNDS 13,600 1,704

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 director acknowledges his 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.

Mellia Properties Ltd (Registered number: 13046410)

Balance Sheet - continued
31 March 2025


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2025 and were signed by:





Mr A Saadat Melli - Director


Mellia Properties Ltd (Registered number: 13046410)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Mellia Properties Ltd 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 as modified by the revaluation of certain assets.

As at 31st March 2025, the company had net current liabilities of £4,303 (2024: £3,446) and net assets of £13,600 (2024: 1,704). The company relies on the loan funding provided by its investors. The director is of the opinion that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of support by its investors.

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

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

Mellia Properties Ltd (Registered number: 13046410)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 198,000
Additions 82,110
Revaluations 19,000
At 31 March 2025 299,110
NET BOOK VALUE
At 31 March 2025 299,110
At 31 March 2024 198,000

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2023 11,101
Valuation in 2025 19,000
Cost 269,009
299,110

If investment property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 269,009 186,899

Investment property was valued on an open market basis on 31 March 2025 by the director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Prepayments 253 92

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 167 -
Trade creditors 3,289 -
Accrued expenses 1,320 3,780
4,776 3,780

Mellia Properties Ltd (Registered number: 13046410)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans more 5 yrs non-inst 139,034 139,034
Related parties 111,000 50,000
Directors' loan accounts 26,539 3,367
276,573 192,401

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 139,034 139,034

8. FINANCIAL INSTRUMENTS

Bank loans are initially measured at cost.

9. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax
Tax losses carried forward (3,111 ) (2,326 )
Revaluation 7,525 2,775
4,414 449

Deferred
tax
£   
Balance at 1 April 2024 449
Revaluation 4,750
Tax losses (785 )
Balance at 31 March 2025 4,414

10. RESERVES
Revaluation
reserve
£   
At 1 April 2024 11,101
Revaluation 14,250

At 31 March 2025 25,351

11. OTHER FINANCIAL COMMITMENTS

The company had outstanding commitments in respect of a property under construction as at 31 March 2025 of £699,426.

Mellia Properties Ltd (Registered number: 13046410)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

12. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
Mr A Saadat Melli
Balance outstanding at start of year 3,367 2,247
Amounts advanced 24,092 1,800
Amounts repaid (920 ) (680 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 26,539 3,367

13. RELATED PARTY DISCLOSURES

Mellia Properties LTD owes £111,000 (2024: £50,000) to Hestia SL ltd (a business with mutual shareholders).

14. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A Saadat Melli.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Mellia Properties Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mellia Properties Ltd for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Mellia Properties Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mellia Properties Ltd and state those matters that we have agreed to state to the director of Mellia Properties Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mellia Properties Ltd and its director for our work or for this report.

It is your duty to ensure that Mellia Properties Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Mellia Properties Ltd. You consider that Mellia Properties Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Mellia Properties Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR


Date: .............................................