W MILLER TRADING LIMITED

Company Registration Number:
SC522518 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

W MILLER TRADING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

W MILLER TRADING LIMITED

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Fixed assets
Tangible assets: 3 912 1,216
Investments: 4 26,042 26,042
Total fixed assets: 26,954 27,258
Current assets
Stocks: 80,157 92,911
Cash at bank and in hand: 136,252 812
Total current assets: 216,409 93,723
Creditors: amounts falling due within one year: 5 (113,739) (14,936)
Net current assets (liabilities): 102,670 78,787
Total assets less current liabilities: 129,624 106,045
Creditors: amounts falling due after more than one year: 6 (24,167) (34,167)
Total net assets (liabilities): 105,457 71,878
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 105,357 71,778
Shareholders funds: 105,457 71,878

The notes form part of these financial statements

W MILLER TRADING LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 September 2023
and signed on behalf of the board by:

Name: W MILLER
Status: Director

The notes form part of these financial statements

W MILLER TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable , excluding discounts , rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life Plant & machinery etc -25% on reducing balance

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value ,

W MILLER TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 2 2

W MILLER TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 2,161
At 31 December 2022 2,161
Depreciation
At 01 January 2022 945
Charge for year 304
At 31 December 2022 1,249
Net book value
At 31 December 2022 912
At 31 December 2021 1,216

W MILLER TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Fixed investments

The company has invested in plant & machinery with a view to realising a profit on the eventual disposal at a future date .

W MILLER TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

The amount of £113739 is made up as follows: Bank loans £10000 Due to Associates £10500 Taxation & social security £9873 Other creditors £83366

W MILLER TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due after more than one year note

The amount of £24167 refers to bank loans