Melcome Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 05852479

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	1,896,559		4,441,053
Cash at bank and in hand		-		6,201

		1,896,559		4,447,254
Creditors: Amounts Falling Due Within One Year	5	(13,848,298 )		(16,187,830 )

NET CURRENT ASSETS (LIABILITIES)			(11,951,739 )		(11,740,576 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(11,951,739 )		(11,740,576 )

NET LIABILITIES			(11,951,739 )		(11,740,576 )

CAPITAL AND RESERVES
Called up share capital	6		1		1
Profit and Loss Account			(11,951,740 )		(11,740,577 )

SHAREHOLDERS' FUNDS			(11,951,739)		(11,740,576)

For the year ending 30 June 2025 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 his 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

Mr Ian Swycher

Director

08/12/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Melcome Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05852479 . The registered office is 37 Friars Avenue, London, N20 0XG.

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. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

over 20 years

2.3. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	79,035	79,035
Other debtors	1,117,539	3,592,140
HMRC VAT	2,724	976
Amounts owed by group undertakings	697,261	768,902

	1,896,559	4,441,053

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	30,821	16,054
Other creditors	9,393,330	9,376,339
Amounts owed to group undertakings	4,424,147	6,795,437

	13,848,298	16,187,830

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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Melcome Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

7. Related Party Transactions

Melcome Ltd is owned by Anzen Ltd, a company incorporated in the British Virgin Islands. During the year, a net interest expense of £346,340 (2024: £855,787) was accrued in line with the loan agreements between Anzen Ltd & Melcome Ltd. As at the year end date of 30 June 2025 the amount owed by the company to Anzen Ltd was £5,125,881 (2024: £5,049,654 ).

Interest income of £8,644 (2024: £8,383) was accrued in the accounts as per the loan agreement between the company and Almondbox Ltd, a company under common control. As at the year-end date of 30 Jun 2025, the amount owed to Almondbox Ltd was £228,250 (2024: £225,342).

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