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Registered number: 13012689
Mello Studios Limited
Unaudited Financial Statements
For The Year Ended 30 November 2025
KKVMS LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13012689
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 1,592
Tangible Assets 5 - 6,266
- 7,858
CURRENT ASSETS
Debtors 6 327,134 15,000
Cash at bank and in hand 19,711 2,157
346,845 17,157
Creditors: Amounts Falling Due Within One Year 7 (220,143 ) (148,476 )
NET CURRENT ASSETS (LIABILITIES) 126,702 (131,319 )
TOTAL ASSETS LESS CURRENT LIABILITIES 126,702 (123,461 )
NET ASSETS/(LIABILITIES) 126,702 (123,461 )
CAPITAL AND RESERVES
Called up share capital 8 100 1
Profit and Loss Account 126,602 (123,462 )
SHAREHOLDERS' FUNDS 126,702 (123,461)
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For the year ending 30 November 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 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 Samuel Corble
Director
Miss Eliane Melo
Director
31/07/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Mello Studios Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13012689 . The registered office is C/O KKVMS LLP, 15 Glade Path, London, SE1 8EG.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets include stamp duty. The assets are reviewed annually for impairment in accordance with FRS 102.
2.4. 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 20%
2.5. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 1)
2 1
4. Intangible Assets
Other
£
Cost
As at 1 December 2024 1,592
Disposals (1,592 )
As at 30 November 2025 -
Net Book Value
As at 30 November 2025 -
As at 1 December 2024 1,592
5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 December 2024 15,104
Disposals (15,104 )
As at 30 November 2025 -
Depreciation
As at 1 December 2024 8,838
Disposals (8,838 )
As at 30 November 2025 -
Net Book Value
As at 30 November 2025 -
As at 1 December 2024 6,266
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 312,134 -
Other debtors 15,000 15,000
327,134 15,000
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,210 -
Other creditors 36,199 148,476
Taxation and social security 182,734 -
220,143 148,476
8. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 1
9. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 50,000 -
Final dividend paid 50,000 -
100,000 -
10. Reserves
Profit and Loss Account
£
As at 1 December 2024 (123,462 )
Profit for the year and total comprehensive income 350,064
Dividends paid (100,000)
As at 30 November 2025 126,602
11. Controlling Parties
The company's ultimate controlling parties ares Mr Samuel Corble and Mrs Eliane Melo by virtue of their interest in the share capital of the company.
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