Company Registration No. 12777651 (England and Wales)
MELKRIDGE INVESTMENTS LIMITED
Unaudited accounts
for the year ended 31 March 2023
MELKRIDGE INVESTMENTS LIMITED
Unaudited accounts
Contents
MELKRIDGE INVESTMENTS LIMITED
Company Information
for the year ended 31 March 2023
Company Number
12777651 (England and Wales)
Registered Office
Enterprise House
2 The Crest
London
NW4 2HN
United Kingdom
Accountants
Intertax Consulting Ltd
Enterprise House
1st Floor
2 The Crest
London
NW4 2HN
MELKRIDGE INVESTMENTS LIMITED
Statement of financial position
as at 31 March 2023
Investment property
2,881,000
2,881,000
Cash at bank and in hand
34,747
25,522
Creditors: amounts falling due within one year
(12,883)
(29,735)
Net current assets
45,707
22,861
Total assets less current liabilities
2,926,707
2,903,861
Creditors: amounts falling due after more than one year
(2,838,569)
(2,856,068)
Called up share capital
1
1
Profit and loss account
88,137
47,792
Shareholders' funds
88,138
47,793
For the year ending 31 March 2023 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 June 2023 and were signed on its behalf by
Moshe Freed
Director
Company Registration No. 12777651
MELKRIDGE INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
MELKRIDGE INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12777651. The registered office is Enterprise House, 2 The Crest, London, NW4 2HN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 April 2022
2,881,000
At 31 March 2023
2,881,000
Amounts falling due after more than one year
Trade debtors
21,093
23,223
Accrued income and prepayments
2,750
3,850
MELKRIDGE INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
9,383
13,667
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
2,838,569
2,856,068
Owed to shareholders and associated parties.
8
Transactions with related parties
On 01/08/2021, the Company received UK real estate properties as an intergroup transfer from its 100% UK tax resident subsidiary, Melkridge Limited.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
