Melandra Limited
|
Registered number: |
04027040
|
Balance Sheet |
as at 30 June 2020
|
|
Notes |
|
|
2020 |
|
|
2019 |
£ |
£ |
Fixed assets |
Tangible assets |
4 |
|
|
2,370 |
|
|
1,872 |
|
Current assets |
Debtors |
5 |
|
41,060 |
|
|
42,040 |
Investments held as current assets |
6 |
|
104,267 |
|
|
111,863 |
Cash at bank and in hand |
|
|
161,374 |
|
|
179,023 |
|
|
|
306,701 |
|
|
332,926 |
|
Creditors: amounts falling due within one year |
7 |
|
(36,395) |
|
|
(44,752) |
|
Net current assets |
|
|
|
270,306 |
|
|
288,174 |
|
Net assets |
|
|
|
272,676 |
|
|
290,046 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
683 |
|
|
683 |
Share premium |
|
|
|
229,058 |
|
|
229,058 |
Profit and loss account |
|
|
|
42,935 |
|
|
60,305 |
|
Shareholders' funds |
|
|
|
272,676 |
|
|
290,046 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
|
|
|
|
|
D Crowther |
Director |
Approved by the board on 1 September 2020
|
|
Melandra Limited
|
Notes to the Accounts |
for the year ended 30 June 2020
|
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
|
|
|
Turnover |
|
Turnover arises from the rendering of services in pursuit of the company's principal activity of software development. It is recognised by reference to the stage of completion of the underlying contracts and is measured at the fair value of the consideration receivable, net of discounts and value added taxes.
|
|
|
Fixed assets |
|
Fixed assets are measured at cost less accumulated depreciation, which is provided on all fixed assets at rates calculated to write off the cost of assets over their expected useful lives, as follows:
|
|
|
Website costs |
33% straight line |
|
Property improvements |
10% straight line |
|
Plant and machinery |
25-50% reducing balance |
|
|
Investments |
|
Investments are measured at fair value and changes in fair value are included in the profit and loss account as they arise.
|
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. No provision is made for deferred taxation as this is not considered significant.
|
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate.
|
|
|
2 |
Employees |
2020 |
|
2019 |
Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 July 2019 |
6,645 |
|
At 30 June 2020 |
6,645 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 July 2019 |
6,645 |
|
At 30 June 2020 |
6,645 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2020 |
- |
|
|
|
|
|
|
|
|
|
|
4 |
Tangible fixed assets |
|
|
|
|
Property improve-ments |
|
Plant and machinery etc |
|
Total |
£ |
£ |
£ |
|
Cost |
|
At 1 July 2019 |
3,487 |
|
8,761 |
|
12,248 |
|
Additions |
- |
|
2,249 |
|
2,249 |
|
At 30 June 2020 |
3,487 |
|
11,010 |
|
14,497 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2019 |
3,487 |
|
6,889 |
|
10,376 |
|
Charge for the year |
- |
|
1,751 |
|
1,751 |
|
At 30 June 2020 |
3,487 |
|
8,640 |
|
12,127 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2020 |
- |
|
2,370 |
|
2,370 |
|
At 30 June 2019 |
- |
|
1,872 |
|
1,872 |
|
|
5 |
Debtors |
2020 |
|
2019 |
£ |
£ |
|
|
Trade debtors |
- |
|
6,000 |
|
Other debtors |
41,060 |
|
36,040 |
|
|
|
|
|
|
41,060 |
|
42,040 |
|
|
|
|
|
|
|
|
|
|
6 |
Investments held as current assets |
2020 |
|
2019 |
£ |
£ |
|
Fair value |
|
Unlisted investments |
104,267 |
|
111,863 |
|
|
|
|
|
|
|
|
|
|
|
7 |
Creditors: amounts falling due within one year |
2020 |
|
2019 |
£ |
£ |
|
|
Taxation and social security costs |
19,008 |
|
30,072 |
|
Other creditors |
17,387 |
|
14,680 |
|
|
|
|
|
|
36,395 |
|
44,752 |
|
|
|
|
|
|
|
|
|
|
8 |
Controlling party |
|
|
The directors of the company are the ultimate controlling party as, acting jointly, they own a majority of the issued share capital.
|
|
|
9 |
Other information |
|
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Melandra Limited is a private company limited by shares and incorporated in England. Its registered office is situated at 5 Homer Drive, Marple Bridge, Stockport, Cheshire, SK6 5DR. |