Melbro Group Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 01681046

		2026		2025 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		750		800
Investment Properties	6		1,920,000		1,788,000

			1,920,750		1,788,800
CURRENT ASSETS
Debtors	7	52,101		60,623
Cash at bank and in hand		23,759		29,549

		75,860		90,172
Creditors: Amounts Falling Due Within One Year	8	(1,938 )		(4,680 )

NET CURRENT ASSETS (LIABILITIES)			73,922		85,492

TOTAL ASSETS LESS CURRENT LIABILITIES			1,994,672		1,874,292

PROVISIONS FOR LIABILITIES
Deferred Taxation			(26,356 )		-

NET ASSETS			1,968,316		1,874,292

CAPITAL AND RESERVES
Called up share capital	9		100,100		100,100
Non-distributable reserves			1,157,738		1,025,738
Profit and Loss Account			710,478		748,454

SHAREHOLDERS' FUNDS			1,968,316		1,874,292

Page 1

Page 2

Melbro Group Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 directors acknowledge their 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 T Melia

Director

15/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Melbro Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 01681046 . The registered office is 23a Railway Road, Darwen, Lancashire, BB3 2RG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention (as modified to include investment properties at fair value) 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. Turnover

Turnover represents rental income from the company's investment properties, recognised on an accruals basis in the period to which the services are provided or the income earned.

2.3. 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:

Fixtures & Fittings

50% straight line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Page 3

Page 4

Melbro Group Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2025: 6)

4. Prior Period Adjustment

A prior period adjustment has been made to reflect a reduction in the net deferred tax liability in respect of capital losses brought forward available to offset taxable gains arising on the fair value uplift of investments held at market value. Comparative figures have been restated accordingly.

Reconciliation of Equity

	2025	2024
	£	£
Equity as previously stated	1,706,438	1,670,393
Deferred tax adjustment	167,854	153,004
Equity as restated	1,874,292	1,823,357

5. Tangible Assets

	Fixtures & Fittings
	£
Cost or Valuation
As at 1 April 2025	13,247
Additions	1,499

As at 31 March 2026	14,746

...CONTINUED

Page 4

Page 5

Melbro Group Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Depreciation
As at 1 April 2025	12,447
Provided during the period	1,549

As at 31 March 2026	13,996

Net Book Value
As at 31 March 2026	750

As at 1 April 2025	800

6. Investment Property

	2026
	£
Fair Value
As at 1 April 2025	1,788,000
Fair value adjustments	132,000

As at 31 March 2026	1,920,000

The fair value of the investments properties have been arrived at on the basis of a valuation determined by the directors.

7. Debtors

	2026	2025 as restated
	£	£
Due within one year
Trade debtors	1,089	1,020
Other debtors	51,012	59,603

	52,101	60,623

Included within other debtors is an amount of £41,552 (2025: £50,629) due in more than one year.

8. Creditors: Amounts Falling Due Within One Year

	2026	2025 as restated
	£	£
Trade creditors	-	1,477
Other creditors	1,938	3,203

	1,938	4,680

9. Share Capital

	2026	2025 as restated
	£	£
Allotted, Called up and fully paid	100,100	100,100

Page 5