Company Registration No. 13878985 (England and Wales)
Meloak Ltd
Unaudited accounts
for the year ended 31 March 2025
Meloak Ltd
Unaudited accounts
Contents
Meloak Ltd
Company Information
for the year ended 31 March 2025
Company Number
13878985 (England and Wales)
Registered Office
87 Blandford Street
London
Greater London
W1U 8AE
United Kingdom
Meloak Ltd
Statement of financial position
as at 31 March 2025
Intangible assets
6,394
7,139
Tangible assets
36,855
45,026
Investments
162,579
164,639
Cash at bank and in hand
343,216
271,166
Creditors: amounts falling due within one year
(104,722)
(93,914)
Net current assets
474,452
180,789
Total assets less current liabilities
680,280
397,593
Provisions for liabilities
Deferred tax
(13,522)
(13,522)
Net assets
666,758
384,071
Called up share capital
100
100
Profit and loss account
666,658
383,971
Shareholders' funds
666,758
384,071
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 December 2025 and were signed on its behalf by
M L Akkar
Director
Company Registration No. 13878985
Meloak Ltd
Notes to the Accounts
for the year ended 31 March 2025
Meloak Ltd is a private company, limited by shares, registered in England and Wales, registration number 13878985. The registered office is 87 Blandford Street, London, Greater London, W1U 8AE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 years straight line
Motor vehicles
25 % reducing balance
Computer equipment
3 years straight line
Intangible fixed assets are included at cost less accumulated amortisation.
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Meloak Ltd
Notes to the Accounts
for the year ended 31 March 2025
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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Investments are included at fair value.
Judgements in applying accounting policies and key sources of estimation uncertainty
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting polices. In preparing these financial statements, the director has made the following judgements:
Determine whether there are indicators of impairment of the company's tangible fixed assets and investments. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.
Other key sources of estimation uncertainty:
Tangible fixed assets (note 4)
Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values.
4
Intangible fixed assets
Other
Meloak Ltd
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
931
53,280
6,782
60,993
Additions
31
-
4,925
4,956
At 31 March 2025
962
53,280
11,707
65,949
At 1 April 2024
176
14,153
1,638
15,967
Charge for the year
189
9,782
3,156
13,127
At 31 March 2025
365
23,935
4,794
29,094
At 31 March 2025
597
29,345
6,913
36,855
At 31 March 2024
755
39,127
5,144
45,026
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Investments
Other investments
Valuation at 1 April 2024
164,639
Valuation at 31 March 2025
162,579
Amounts falling due within one year
Accrued income and prepayments
2,388
3,039
8
Creditors: amounts falling due within one year
2025
2024
Trade creditors
2,611
3,261
Taxes and social security
102,111
63,320
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).