IRIS Accounts Production v25.3.0.601 05840809 director 1.1.24 31.12.24 31.12.24 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 05840809 2023-12-31 05840809 2024-12-31 05840809 2024-01-01 2024-12-31 05840809 2022-12-31 05840809 2023-01-01 2023-12-31 05840809 2023-12-31 05840809 ns15:EnglandWales 2024-01-01 2024-12-31 05840809 ns14:PoundSterling 2024-01-01 2024-12-31 05840809 ns10:Director1 2024-01-01 2024-12-31 05840809 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05840809 ns10:SmallEntities 2024-01-01 2024-12-31 05840809 ns10:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05840809 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 05840809 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05840809 ns10:FullAccounts 2024-01-01 2024-12-31 05840809 ns10:OrdinaryShareClass1 2024-01-01 2024-12-31 05840809 ns10:RegisteredOffice 2024-01-01 2024-12-31 05840809 ns5:CurrentFinancialInstruments 2024-12-31 05840809 ns5:CurrentFinancialInstruments 2023-12-31 05840809 ns5:ShareCapital 2024-12-31 05840809 ns5:ShareCapital 2023-12-31 05840809 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 05840809 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 05840809 ns5:LandBuildings 2024-01-01 2024-12-31 05840809 ns5:PlantMachinery 2024-01-01 2024-12-31 05840809 ns5:LandBuildings 2023-12-31 05840809 ns5:PlantMachinery 2023-12-31 05840809 ns5:LandBuildings 2024-12-31 05840809 ns5:PlantMachinery 2024-12-31 05840809 ns5:LandBuildings 2023-12-31 05840809 ns5:PlantMachinery 2023-12-31 05840809 ns5:CostValuation ns5:ListedExchangeTraded 2023-12-31 05840809 ns5:AdditionsToInvestments ns5:ListedExchangeTraded 2024-12-31 05840809 ns5:ListedExchangeTraded ns5:DisposalsRepaymentsInvestments 2024-12-31 05840809 ns5:CostValuation ns5:ListedExchangeTraded 2024-12-31 05840809 ns5:ListedExchangeTraded 2024-12-31 05840809 ns5:ListedExchangeTraded 2023-12-31 05840809 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 05840809 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31 05840809 ns5:WithinOneYear 2024-12-31 05840809 ns5:WithinOneYear 2023-12-31 05840809 ns5:BetweenOneFiveYears 2024-12-31 05840809 ns5:BetweenOneFiveYears 2023-12-31 05840809 ns5:MoreThanFiveYears 2024-12-31 05840809 ns5:MoreThanFiveYears 2023-12-31 05840809 ns5:AllPeriods 2024-12-31 05840809 ns5:AllPeriods 2023-12-31 05840809 ns10:OrdinaryShareClass1 2024-12-31 05840809 1 ns10:Director1 2023-12-31 05840809 1 ns10:Director1 2022-12-31 05840809 1 ns10:Director1 2024-01-01 2024-12-31 05840809 1 ns10:Director1 2023-01-01 2023-12-31 05840809 1 ns10:Director1 2024-12-31 05840809 1 ns10:Director1 2023-12-31

REGISTERED NUMBER: 05840809 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

MELTON COLLEGE LTD

| MELTON COLLEGE LTD (REGISTERED NUMBER: 05840809) |

CONTENTS OF THE FINANCIAL STATEMENTS

For The Year Ended 31 December 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| MELTON COLLEGE LTD |

COMPANY INFORMATION

For The Year Ended 31 December 2024

| DIRECTOR: | Mr A Hjort

| REGISTERED OFFICE: | 137 Holgate Road

| York

| YO24 4DH

| REGISTERED NUMBER: | 05840809 (England and Wales)

| ACCOUNTANTS: | Fortus Limited

| Business Advisors & Accountants

| Equinox House

| Clifton Park, Shipton Road

| York

| YO30 5PA

| MELTON COLLEGE LTD (REGISTERED NUMBER: 05840809) |

BALANCE SHEET

31 December 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 44,008 |  | 17,950 |  |

Investments | 5 | 321,859 |  | 526,589 |  |

365,867 |  | 544,539 |  |

CURRENT ASSETS

Stocks | 10,030 |  | 14,743 |  |

Debtors | 6 | 68,890 |  | 52,402 |  |

Cash at bank and in hand | 18,741 |  | 55,535 |  |

97,661 |  | 122,680 |  |

CREDITORS

Amounts falling due within one year | 7 | 285,820 |  | 105,454 |  |

NET CURRENT (LIABILITIES)/ASSETS | (188,159 | ) | 17,226 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 177,708 |  | 561,765 |  |

PROVISIONS FOR LIABILITIES | 17,645 |  | 5,233 |  |

NET ASSETS | 160,063 |  | 556,532 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 1 |  | 1 |  |

Retained earnings | 160,062 |  | 556,531 |  |

SHAREHOLDERS' FUNDS | 160,063 |  | 556,532 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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 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.

| MELTON COLLEGE LTD (REGISTERED NUMBER: 05840809) |

BALANCE SHEET - continued

31 December 2024

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 10 November 2025 and were signed by:

Mr A Hjort - Director

| MELTON COLLEGE LTD (REGISTERED NUMBER: 05840809) |

NOTES TO THE FINANCIAL STATEMENTS

For The Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Melton College 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.

| Turnover

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

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Land and buildings | - | Straight line over 10 years

| Plant and machinery etc | - | 25% on reducing balance and Straight line over 3 years

| Stocks

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

| 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| MELTON COLLEGE LTD (REGISTERED NUMBER: 05840809) |

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2024

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Going concern

| At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore the director continues to adopt the going concern basis of accounting in preparing the financial statements.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 19 (2023 - 17 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 January 2024 | 74,987 |  | 141,488 |  | 216,475 |  |

| Additions | - |  | 37,610 |  | 37,610 |  |

| At 31 December 2024 | 74,987 |  | 179,098 |  | 254,085 |  |

| DEPRECIATION

| At 1 January 2024 | 74,987 |  | 123,538 |  | 198,525 |  |

| Charge for year | - |  | 11,552 |  | 11,552 |  |

| At 31 December 2024 | 74,987 |  | 135,090 |  | 210,077 |  |

| NET BOOK VALUE

| At 31 December 2024 | - |  | 44,008 |  | 44,008 |  |

| At 31 December 2023 | - |  | 17,950 |  | 17,950 |  |

| MELTON COLLEGE LTD (REGISTERED NUMBER: 05840809) |

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2024

5. | FIXED ASSET INVESTMENTS

| Listed

| investments

£ |

| COST OR VALUATION

| At 1 January 2024 | 526,589 |  |

| Additions | 407,326 |  |

| Disposals | (635,427 | ) |

| Share of profit/(loss) | 23,371 |  |

| At 31 December 2024 | 321,859 |  |

| NET BOOK VALUE

| At 31 December 2024 | 321,859 |  |

| At 31 December 2023 | 526,589 |  |

| Cost or valuation at 31 December 2024 is represented by:

| Listed

| investments

£ |

| Valuation in 2022 | 588,480 |  |

| Valuation in 2023 | (61,891 | ) |

| Valuation in 2024 | (204,729 | ) |

321,860 |  |

** | TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

| LISTED INVESTMENTS

'COST' ACCOUNT TOTAL

| Cost/valuation b/f | 526,589 |  |

| Additions | 407,326 |  |

| Disposals | (635,427 | ) |

| Share of profit/(loss) | 23,371 |  |

321,859 |  |

CLIENT SCREEN TOTAL | = | 321,860 |  |

| If fixed asset investments had not been revalued they would have been included at the following historical cost:

2024 | 2023 |

£ | £ |

| Cost | 290,981 |  | 519,082 |  |

| MELTON COLLEGE LTD (REGISTERED NUMBER: 05840809) |

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2024

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | 25,529 |  | 26,339 |  |

| Amounts owed by group undertakings | 8,436 |  | - |  |

| Other debtors | 34,925 |  | 26,063 |  |

68,890 |  | 52,402 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade creditors | 38,608 |  | 37,433 |  |

| Amounts owed to group undertakings | - |  | 3,078 |  |

| Taxation and social security | 5,874 |  | 20,021 |  |

| Other creditors | 241,338 |  | 44,922 |  |

285,820 |  | 105,454 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2024 | 2023 |

£ | £ |

| Within one year | 45,000 |  | 45,000 |  |

| Between one and five years | 180,000 |  | 180,000 |  |

| In more than five years | 498,750 |  | 543,750 |  |

723,750 |  | 768,750 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 1 | Ordinary | 1 | 1 |  | 1 |  |

10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 | 2023 |

£ | £ |

| Mr A Hjort

| Balance outstanding at start of year | (7,716 | ) | (15,097 | ) |

| Amounts advanced | 235,037 |  | 61,542 |  |

| Amounts repaid | (377,227 | ) | (54,161 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (149,906 | ) | (7,716 | ) |

| MELTON COLLEGE LTD (REGISTERED NUMBER: 05840809) |

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2024

11. | PARENT COMPANY

| The parent company is Melton Language Services Limited a company registered in England and Wales. The registered office is 137 Holgate Road, York, YO24 4DH.