Melrose Consultancy Limited - Period Ending 2019-11-30

Melrose Consultancy Limited

Contents

Company Information	1
Accountants' Report	2
Profit and Loss Account	3
Balance Sheet	4 to 5
Notes to the Unaudited Financial Statements	4

Melrose Consultancy Limited

Company Information

Director

Sir Robert Fry

Registered office

77a Cheap Street Sherborne Dorset DT9 3BA

Accountants

Lanham & Francis Chartered Accountants Church House Church Street Yeovil Somerset BA20 1HB

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Melrose Consultancy Limited
for the Year Ended 30 November 2019

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Melrose Consultancy Limited for the year ended 30 November 2019 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Melrose Consultancy Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Melrose Consultancy Limited and state those matters that we have agreed to state to the Board of Melrose Consultancy Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Melrose Consultancy Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Melrose Consultancy Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Melrose Consultancy Limited. You consider that Melrose Consultancy Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Melrose Consultancy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Lanham & Francis
Chartered Accountants
Church House
Church Street
Yeovil
Somerset
BA20 1HB

7 August 2020

Melrose Consultancy Limited

Profit and Loss Account for the Year Ended 30 November 2019

	2019 £	2018 £
Turnover	23,791	25,311
Staff costs	(7,800)	(7,800)
Depreciation and other amounts written off assets	(528)	(396)
Other charges	(14,151)	(16,924)
Profit before tax	1,312	191
Tax on profit	(645)	(517)
Profit/(loss) for the year	667	(326)

Melrose Consultancy Limited

(Registration number: 07205909)
Balance Sheet as at 30 November 2019

	2019 £	2018 £
Fixed assets	250	778
Current assets	2,477	10,108
Creditors: Amounts falling due within one year	(1,026)	(954)
Net current assets	1,451	9,154
Total assets less current liabilities	1,701	9,932
Provisions for liabilities	-	(148)
Accruals and deferred income	(1,440)	(1,440)
	261	8,344
Capital and reserves	261	8,344

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
77a Cheap Street
Sherborne
Dorset
DT9 3BA

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

These financial statements are prepared in Sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2018 - 1).

3	Related party transactions

Transactions with directors

2019	At 1 December 2018 £	Advances to directors £	Repayments by director £	At 30 November 2019 £
Sir Robert Fry
Interest free loan	8,629	1,837	(8,629)	1,837

Melrose Consultancy Limited

(Registration number: 07205909)
Balance Sheet as at 30 November 2019 (continued)

3	Related party transactions (continued)

2018	At 1 December 2017 £	Advances to directors £	Repayments by director £	At 30 November 2018 £
Sir Robert Fry
Interest free loan	7,538	8,629	(7,538)	8,629

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 30 November 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 7 August 2020
 

Sir Robert Fry

Director