REGISTERED NUMBER: 04637944 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Melody Healthcare Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M Bhakta

Mr B Bhakta

SECRETARY:

Mrs M Bhakta

REGISTERED OFFICE:

Office 1

21 Hatherton Street

Walsall

WS4 2LA

REGISTERED NUMBER:

04637944 (England and Wales)

ACCOUNTANTS:

Dhillon Accountants Limited

Chartered Accountants

Office 1

21 Hatherton Street

Walsall

WS4 2LA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

40,211

36,207

40,211

36,207

CURRENT ASSETS

Stocks

66,885

65,179

Debtors

6

709,521

671,935

Cash at bank and in hand

62,841

82,084

839,247

819,198

CREDITORS

Amounts falling due within one year

7

(335,604

)

(321,216

)

NET CURRENT ASSETS

503,643

497,982

TOTAL ASSETS LESS CURRENT LIABILITIES

543,854

534,189

CREDITORS

Amounts falling due after more than one year

8

(141,311

)

(198,742

)

PROVISIONS FOR LIABILITIES

(10,053

)

(8,237

)

NET ASSETS

392,490

327,210

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

392,390

327,110

SHAREHOLDERS' FUNDS

392,490

327,210

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2025 and were signed on its behalf by:

Mr B Bhakta - Director

1.	STATUTORY INFORMATION

Melody Healthcare Limited 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover comprises goods and services supplied by the company, net of Value Added Tax and trade discounts.

Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. The remaining written down value is amortised to profit and loss account over ten years.

Tangible fixed assets

Leasehold 10% Straight line

Motor Vehicles 25% Reducing balance

Fixtures & Fittings 15% Reducing balance

Computer Equipment 15% Reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charge of taxation taken into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

185,004

AMORTISATION

At 1 February 2024

and 31 January 2025

185,004

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 February 2024

42,098

132,943

175,041

Additions

-

14,198

14,198

Disposals

-

(9,128

)

(9,128

)

At 31 January 2025

42,098

138,013

180,111

DEPRECIATION

At 1 February 2024

37,890

100,944

138,834

Charge for year

4,208

5,600

9,808

Eliminated on disposal

-

(8,742

)

(8,742

)

At 31 January 2025

42,098

97,802

139,900

NET BOOK VALUE

At 31 January 2025

-

40,211

40,211

At 31 January 2024

4,208

31,999

36,207

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

120,161

123,831

Amounts owed by group undertakings

75,909

41,203

Other debtors

513,451

506,901

709,521

671,935

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

59,149

39,953

Hire purchase contracts

3,548

-

Trade creditors

156,564

157,969

Taxation and social security

31,741

23,302

Other creditors

84,602

99,992

335,604

321,216

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

136,451

198,742

Hire purchase contracts

4,860

-

141,311

198,742

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

136,451

198,742

9.	RELATED PARTY DISCLOSURES

During the year, the company paid rent of £16,000 to Melody SSAS a pension scheme in which Mr Bhasker Bhakta and Mrs Mina Bhakta are the beneficiaries.

As of 31 January 2025, the company was owed £493,901 (2024 - £490,920) by NSB Healthcare Limited.

The above loan is interest free and repayable on demand.

Mr Bhasker Bhakta and Mrs Mina Bhakta are the directors in above mentioned company as at 31 January 2025.