REGISTERED NUMBER: 01410455 (England and Wales)

MELBRIAN LIMITED

REPORT OF THE DIRECTORS AND

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 30 APRIL 2024 TO 30 APRIL 2025

Page

Company Information

1

Report of the Directors

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Miss E R Davis

Mr B K Davis

Mrs M I Davis

SECRETARY:

Mr B K Davis

REGISTERED OFFICE:

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

REGISTERED NUMBER:

01410455 (England and Wales)

ACCOUNTANTS:

Christiansons Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

The directors present their report with the financial statements of the company for the period 30 April 2024 to 30 April 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the period under review was that of retailing of pictures and picture framing,

DIVIDENDS

Interim dividends per share were paid during the period as follows:

Ordinary 'A' £1

-

0.50

- 31 March 2025

Ordinary B £1

-

£3.60

- 31 March 2025

The total distribution of dividends for the period ended 30 April 2025 will be £ 43,000 .

DIRECTORS

The directors shown below have held office during the whole of the period from 30 April 2024 to the date of this report.

Miss E R Davis

Mr B K Davis

Mrs M I Davis

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

ON BEHALF OF THE BOARD:

Mr B K Davis - Director

4 December 2025

FIXED ASSETS

Intangible assets

4

31,590

-

Tangible assets

5

664,864

436,746

Investments

6

100

-

696,554

436,746

CURRENT ASSETS

Stocks

113,962

100,929

Debtors

23,684

31,991

Cash in hand

342

334

137,988

133,254

CREDITORS

Amounts falling due within one year

278,408

214,370

NET CURRENT LIABILITIES

(140,420

)

(81,116

)

TOTAL ASSETS LESS CURRENT LIABILITIES

556,134

355,630

CREDITORS

Amounts falling due after more than one year

7

(89,072

)

(93,197

)

PROVISIONS FOR LIABILITIES

8

(91,081

)

(41,081

)

NET ASSETS

375,981

221,352

CAPITAL AND RESERVES

Called up share capital

9

25,074

25,074

Share premium

10

19,974

19,974

Capital redemption reserve

10

26

26

Fair value reserve

10

273,241

123,241

Retained earnings

10

57,666

53,037

SHAREHOLDERS' FUNDS

375,981

221,352

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 4 December 2025 and were signed on its behalf by:

Mr B K Davis - Director

1.	STATUTORY INFORMATION

Melbrian 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents amounts derived from the sale of goods to customers during the year, and is recognised at the date the risks and rewards of ownership of goods were transferred to the customer. This is stated after trade discounts, other sales taxes and net of VAT.

Goodwill

Goodwill is amortised over a ten year period from the date of acquisition.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Short leasehold

-

20% on cost

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks have been valued at the lower of cost and net realisable value.

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Assets held under hire purchase are capitalised and depreciated over their useful lives.

Rentals paid under operating leases are charged to the profit and loss account as incurred.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme in respect of its employees and the pension charge represents the contributions to the fund paid by the company in the year.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 13 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 30 April 2024

23,000

Additions

35,100

At 30 April 2025

58,100

AMORTISATION

At 30 April 2024

23,000

Amortisation for period

3,510

At 30 April 2025

26,510

NET BOOK VALUE

At 30 April 2025

31,590

At 29 April 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 30 April 2024

744,344

Additions

47,661

Disposals

(13,995

)

Revaluations

200,000

At 30 April 2025

978,010

DEPRECIATION

At 30 April 2024

307,598

Charge for period

18,183

Eliminated on disposal

(12,635

)

At 30 April 2025

313,146

NET BOOK VALUE

At 30 April 2025

664,864

At 29 April 2024

436,746

Cost or valuation at 30 April 2025 is represented by:

Totals

£

Valuation in 2009

164,322

Valuation in 2025

200,000

Cost

613,688

978,010

The directors have revalued the property in accordance with valuations of similar properties in the area as at 30/04/2025 and post year end sales values.

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

Additions

100

At 30 April 2025

100

NET BOOK VALUE

At 30 April 2025

100

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

30.4.25

29.4.24

£

£

Repayable by instalments

Bank loans - over five years

18,261

27,581

8.	PROVISIONS FOR LIABILITIES

30.4.25

29.4.24

£

£

Deferred tax

91,081

41,081

Deferred

tax

£

Balance at 30 April 2024

41,081

Provided during period

50,000

Balance at 30 April 2025

91,081

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

29.4.24

value:

£

£

74

Ordinary

£1

74

74

15,000

Ordinary 'A'

£1

15,000

15,000

10,000

Ordinary B

£1

10,000

10,000

25,074

25,074

10.

RESERVES

Capital

Fair

Retained

Share

redemption

value

earnings

premium

reserve

reserve

Totals

£

£

£

£

£

At 30 April 2024

53,037

19,974

26

123,241

196,278

Profit for the period

197,629

197,629

Dividends

(43,000

)

(43,000

)

Revaluation reserve

(150,000

)

-

-

150,000

-

At 30 April 2025

57,666

19,974

26

273,241

350,907

The fair value reserve represents the difference between the current market value of the long leasehold property and its historic cost.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr B K Davis.