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Registered number: 02512146
Hosta Meltis Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02512146
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 1,461 477
1,461 477
CURRENT ASSETS
Stocks 6 245,117 215,843
Debtors 7 477,079 574,444
Cash at bank and in hand 239,597 494,709
961,793 1,284,996
Creditors: Amounts Falling Due Within One Year 8 (656,025 ) (924,672 )
NET CURRENT ASSETS (LIABILITIES) 305,768 360,324
TOTAL ASSETS LESS CURRENT LIABILITIES 307,229 360,801
PROVISIONS FOR LIABILITIES
Deferred Taxation (278 ) (91 )
NET ASSETS 306,951 360,710
CAPITAL AND RESERVES
Called up share capital 9 10,000 10,000
Profit and Loss Account 296,951 350,710
SHAREHOLDERS' FUNDS 306,951 360,710
Page 1
Page 2
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Miss Laura Opferkuch
Director
16/10/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hosta Meltis Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02512146 . The registered office is Merlin House, 1 Langstone Business Park, Newport, South Wales, NP18 2HJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provisions 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 beeb met for each other company's activities.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
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: Patent
Amortisation method: Fully written down
2.4. Tangible Fixed Assets and Depreciation
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment loss.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Plant & Machinery 33% straight line
Motor Vehicles 33% straight line
2.5. Stocks and Work in Progress
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.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
2.7. 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. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. 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.
2.8. 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.
2.9. 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 of the creditor 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 and subsequently measured at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 379,000
As at 31 December 2024 379,000
Amortisation
As at 1 January 2024 379,000
As at 31 December 2024 379,000
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2024 29,986
Additions 1,953
As at 31 December 2024 31,939
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 January 2024 29,509
Provided during the period 969
As at 31 December 2024 30,478
Net Book Value
As at 31 December 2024 1,461
As at 1 January 2024 477
6. Stocks
2024 2023
£ £
Stock 245,117 215,843
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 405,006 492,077
Prepayments and accrued income 72,073 82,367
477,079 574,444
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 576,596 756,673
VAT 82,795 108,900
Other creditors (795 ) (460 )
Accruals and deferred income (2,571 ) 59,559
656,025 924,672
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10,000 10,000
Page 5