MILLGAET MEDIA LTD

Company Registration Number:
SC332339 (Scotland)

Unaudited abridged accounts for the year ended 31 October 2022

Period of accounts

Start date: 01 November 2021

End date: 31 October 2022

MILLGAET MEDIA LTD

Contents of the Financial Statements

for the Period Ended 31 October 2022

Balance sheet
Notes

MILLGAET MEDIA LTD

Balance sheet

As at 31 October 2022


Notes

2022

2021


£

£
Called up share capital not paid: 684,931 684,931
Fixed assets
Tangible assets: 3 590,345 590,345
Total fixed assets: 590,345 590,345
Current assets
Stocks: 143,285 95,894
Debtors:   74,891 23,451
Cash at bank and in hand: 170,890 95,050
Total current assets: 389,066 214,395
Creditors: amounts falling due within one year:   (5,489) (18,608)
Net current assets (liabilities): 383,577 195,787
Total assets less current liabilities: 1,658,853 1,471,063
Creditors: amounts falling due after more than one year:   (759,251) (684,931)
Provision for liabilities: 0 0
Total net assets (liabilities): 899,602 786,132
Capital and reserves
Called up share capital: 684,931 684,931
Revaluation reserve:4125,79430,080
Profit and loss account: 88,877 71,121
Shareholders funds: 899,602 786,132

The notes form part of these financial statements

MILLGAET MEDIA LTD

Balance sheet statements

For the year ending 31 October 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 31 August 2023
and signed on behalf of the board by:

Name: Malcolm Younger
Status: Director

The notes form part of these financial statements

MILLGAET MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 October 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

MILLGAET MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

2. Employees

2022 2021
Average number of employees during the period 4 3

MILLGAET MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Tangible Assets

Total
Cost £
At 01 November 2021 590,345
At 31 October 2022 590,345
Depreciation
At 01 November 2021 0
At 31 October 2022 0
Net book value
At 31 October 2022 590,345
At 31 October 2021 590,345

MILLGAET MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Revaluation reserve

2022
£
Balance at 01 November 2021 30,080
Surplus or deficit after revaluation 95,714
Balance at 31 October 2022 125,794