Melburay Properties Ltd - Filleted accounts

Registered number

15396310

Melburay Properties Ltd

Filleted Accounts

31 January 2025

Melburay Properties Ltd
Registered number:		15396310
Balance Sheet
as at 31 January 2025

Notes			2025
£
Fixed assets
Tangible assets	4		450,000

Current assets
Debtors	5	100

Creditors: amounts falling due within one year	6	(514,479)

Net current liabilities			(514,379)

Net liabilities			(64,379)

Capital and reserves
Called up share capital			100
Profit and loss account			(64,479)

Shareholders' funds			(64,379)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Melinda Awdzo Henry
Director
Approved by the board on 2 November 2025

Melburay Properties Ltd
Notes to the Accounts
for the period from 8 January 2024 to 31 January 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is rental income received on accrual basis.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2	Going Concern

	The company meets its day to day working capital requirements through the support of the intercompany loan. On this basis the directors considers it appropriate to prepare the Financial Statements on the going concern basis . The Financial Statements do inclulde any adjustments that would result from a withdrawal of the support from the directors.



3	Employees		2025
Number

	Average number of persons employed by the company		0


4	Tangible fixed assets
				Land and buildings
£
	Cost
	Additions			418,110
	Surplus on revaluation			31,890
	At 31 January 2025			450,000

	Depreciation
	At 31 January 2025			-

	Net book value
	At 31 January 2025			450,000


5	Debtors		2025
£

	Other debtors		100


6	Creditors: amounts falling due within one year		2025
£

	Melburay Ltd		513,479
	Other creditors		1,000
			514,479


7	Other information

	Melburay Properties Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 2 Donna Alexandra Mews
	Royal Parade
	Chislehurst
	England
	BR7 6NR