Melrose Property Services North West Limited,Ltd - AccountsLtd

Registered Number :

10530126

As at 31 December 2024

Melrose Property Services North West Limited

Statement of Financial Position

2023

2024

Notes

Current assets

Trade and other receivables

5,505

4,630

647

Cash and cash equivalents

292

4,922

6,152

Trade and other payables: amounts falling due within one year

(14,785)

(13,632)

(8,633)

(8,710)

Net current liabilities

Total assets less current liabilities

(8,710)

(8,633)

(8,710)

Net liabilities

(8,633)

Capital and reserves

Called up share capital

100

Retained earnings

(8,810)

(8,733)

(8,710)

(8,633)

Shareholders' funds

For the year ended 31 December 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Mr Wilkin John Summerscales Director

These financial statements were approved and authorised for issue by the Board on 24 September 2025 and were signed by:

The notes form part of these financial statements

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For the year ended 31 December 2024

Melrose Property Services North West Limited

Notes to the Financial Statements

Statutory Information

Melrose Property Services North West Limited is a private limited company, limited by shares, domiciled in England and Wales,

registration number 10530126.

Registered address:

65 Barrow Bridge Road

Barrow Bridge

Bolton

United Kingdom

BL1 7ND

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention.

Revenue recognition

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

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 rates and laws that have been enacted or substantively enacted

by the Statement of Financial Position date.

Financial instruments

Basic financial instruments that are payable or receivable within one year, typically trade creditors and debtors, are measured

initially and subsequently at the undiscounted amount of the cash or other consideration that is expected to be paid or received

less impairment losses for bad and doubtful debts.

2. Trade and other receivables

2023

2024

Prepayments and accrued income

375

Other debtors

4,255

5,505

4,630

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For the year ended 31 December 2024

Melrose Property Services North West Limited

Notes to the Financial Statements Continued

3. Trade and other payables: amounts falling due within one year

2023

2024

Trade creditors

8,230

7,750

Accruals and deferred income

2,385

1,589

Directors' loan accounts

3,017

4,896

Other creditors

550

13,632

14,785

4. Related party transactions

At the year end the company owed £8,230 (2023: £7,750 ) in respect of management fees and £0 (2023: £550) in respect of

a loan to Bolton Boffins Limited, a company controlled by one of the directors.

During the year Title Challenge Limited repaid part of its loan from Melrose Property Services North West Limited. At the year

end Title Challenge Limited, a company jointly owned by one of the owners of Melrose Property Services North West Limited,

owed the Company £4,255(2023: £5,505).

5. Average number of persons employed

During the year the average number of employees was 0

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