REGISTERED NUMBER: 09893915 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

Melody Properties Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

Directors:

Dr C E F Lloyd

Mrs T P Lloyd

Registered office:

3 The Moorings

Babis Lane

Saltash

Cornwall

PL12 4FG

Registered number:

09893915 (England and Wales)

Accountants:

Websters

129 North Hill

Plymouth

Devon

PL4 8JY

Fixed assets

Tangible assets

4

-

536

Investment property

5

-

300,000

-

300,536

Current assets

Debtors

6

5,580

449

Cash at bank

39,970

11,030

45,550

11,479

Creditors

Amounts falling due within one year

7

10,846

268,339

Net current assets/(liabilities)

34,704

(256,860

)

Total assets less current liabilities

34,704

43,676

Provisions for liabilities

8

-

8,300

Net assets

34,704

35,376

Capital and reserves

Called up share capital

9

1,000

1,000

Revaluation reserve

10

-

62,739

Retained earnings

33,704

(28,363

)

Shareholders' funds

34,704

35,376

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 September 2026 and were signed on its behalf by:

Mrs T P Lloyd - Director

1.	STATUTORY INFORMATION

Melody Properties Limited is a private company, limited by shares, registered in England and Wales. The company's registered number, business address and registered office address can be found on the company information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of investment properties.

Turnover

Turnover represents amounts due in respect of rents receivable adjusted for amounts in advance or arrears at the balance sheet date.

Tangible fixed assets

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

Furniture & fittings

20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Furniture

& fittings

£

Cost

At 1 April 2025

6,000

Disposals

(745

)

At 31 March 2026

5,255

Depreciation

At 1 April 2025

5,464

Charge for year

85

Eliminated on disposal

(294

)

At 31 March 2026

5,255

Net book value

At 31 March 2026

-

At 31 March 2025

536

5.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 April 2025

300,000

Disposals

(300,000

)

At 31 March 2026

-

Net book value

At 31 March 2026

-

At 31 March 2025

300,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

5,580

449

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

8,300

-

Other creditors

2,546

268,339

10,846

268,339

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

-

8,300

Deferred

tax

£

Balance at 1 April 2025

8,300

Provided during year

(8,300

)

Balance at 31 March 2026

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1,000

Ordinary

£1

1,000

1,000

10.

RESERVES

Revaluation

reserve

£

At 1 April 2025

62,739

Revaluation reserve

(62,739

)

At 31 March 2026

-

11.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £5,010 from Mrs T Lloyd, a director and shareholder, in respect of her loan with the company. This amount was repaid within 9 months of the year end.

During the year, the company paid Mrs T Lloyd interest of £5,944 in respect of this loan. This amount was paid to her prior to her withdrawl of funds from the company.

12.	ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by the directors.