REGISTERED NUMBER: OC351974 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MELINEK FINE LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

D B Fine

A Y Melinek

REGISTERED OFFICE:

First Floor, Winston House

349 Regents Park Road

London

N3 1DH

REGISTERED NUMBER:

OC351974 (England and Wales)

ACCOUNTANTS:

Melinek Fine LLP

Chartered Accountants

First Floor, Winston House

349 Regents Park Road

London

N3 1DH

FIXED ASSETS

Intangible assets

4

163,422

173,424

Tangible assets

5

73,203

92,357

236,625

265,781

CURRENT ASSETS

Stocks

699,300

589,042

Debtors

6

943,506

1,025,453

Cash at bank

3,999

30,489

1,646,805

1,644,984

CREDITORS

Amounts falling due within one year

7

612,419

656,128

NET CURRENT ASSETS

1,034,386

988,856

TOTAL ASSETS LESS CURRENT LIABILITIES

1,271,011

1,254,637

CREDITORS

Amounts falling due after more than one year

8

494,843

512,223

NET ASSETS ATTRIBUTABLE TO MEMBERS

776,168

742,414

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

722,214

688,460

MEMBERS' OTHER INTERESTS

Capital accounts

53,954

53,954

776,168

742,414

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

722,214

688,460

Members' other interests

53,954

53,954

Amounts due from members

6

(27,483

)

(10,388

)

748,685

732,026

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 24 December 2025 and were signed by:

A Y Melinek - Designated member

D B Fine - Designated member

1.	STATUTORY INFORMATION

Melinek Fine Llp is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset or settle the liability simultaneously.

Pension costs and other post-retirement benefits

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

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 40 (2024 - 38 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

313,687

Additions

8,156

At 31 March 2025

321,843

AMORTISATION

At 1 April 2024

140,263

Charge for year

18,158

At 31 March 2025

158,421

NET BOOK VALUE

At 31 March 2025

163,422

At 31 March 2024

173,424

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

365,580

Additions

11,152

At 31 March 2025

376,732

DEPRECIATION

At 1 April 2024

273,223

Charge for year

30,306

At 31 March 2025

303,529

NET BOOK VALUE

At 31 March 2025

73,203

At 31 March 2024

92,357

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

887,178

963,171

Other debtors

56,328

62,282

943,506

1,025,453

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

131,447

220,779

Trade creditors

148,213

183,182

Taxation and social security

305,416

250,267

Other creditors

27,343

1,900

612,419

656,128

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

494,843

512,223

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Amounts owed to members in respect of profits

722,214

688,460

Falling due within one year

722,214

688,460

In the event of a winding up the amounts included in '' Loans and other debts due to members'' will rank equally with unsecured creditors.