2022-05-01 2023-04-30 false Capium Accounts Production 1.1 09011399 bus:FullAccounts 2022-05-01 2023-04-30 09011399 bus:FRS102 2022-05-01 2023-04-30 09011399 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 09011399 bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 09011399 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 09011399 2022-05-01 2023-04-30 09011399 2023-04-30 09011399 bus:RegisteredOffice 2022-05-01 2023-04-30 09011399 core:WithinOneYear 2023-04-30 09011399 core:AfterOneYear 2023-04-30 09011399 bus:Director1 2022-05-01 2023-04-30 09011399 bus:Director1 2023-04-30 09011399 bus:Director1 2021-05-01 2022-04-30 09011399 bus:Director2 2022-05-01 2023-04-30 09011399 bus:Director2 2023-04-30 09011399 bus:Director2 2021-05-01 2022-04-30 09011399 bus:Director3 2022-05-01 2023-04-30 09011399 bus:Director3 2023-04-30 09011399 bus:Director3 2021-05-01 2022-04-30 09011399 2021-05-01 09011399 bus:CompanySecretary1 2022-05-01 2023-04-30 09011399 bus:LeadAgentIfApplicable 2022-05-01 2023-04-30 09011399 2021-05-01 2022-04-30 09011399 2022-04-30 09011399 core:WithinOneYear 2022-04-30 09011399 core:AfterOneYear 2022-04-30 09011399 bus:EntityAccountantsOrAuditors 2021-05-01 2022-04-30 09011399 core:PlantMachinery 2022-05-01 2023-04-30 09011399 core:PlantMachinery 2023-04-30 09011399 core:PlantMachinery 2022-04-30 09011399 core:FurnitureFittings 2022-05-01 2023-04-30 09011399 core:FurnitureFittings 2023-04-30 09011399 core:FurnitureFittings 2022-04-30 09011399 core:ComputerEquipment 2022-05-01 2023-04-30 09011399 core:ComputerEquipment 2023-04-30 09011399 core:ComputerEquipment 2022-04-30 09011399 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-04-30 09011399 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-04-30 09011399 core:CostValuation core:Non-currentFinancialInstruments 2023-04-30 09011399 core:CostValuation core:Non-currentFinancialInstruments 2022-04-30 09011399 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-04-30 09011399 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-04-30 09011399 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-04-30 09011399 core:Non-currentFinancialInstruments 2023-04-30 09011399 core:Non-currentFinancialInstruments 2022-04-30 09011399 core:ShareCapital 2023-04-30 09011399 core:ShareCapital 2022-04-30 09011399 core:RetainedEarningsAccumulatedLosses 2023-04-30 09011399 core:RetainedEarningsAccumulatedLosses 2022-04-30 09011399 core:ShareCapitalOrdinaryShares 2022-05-01 09011399 core:ShareCapitalOrdinaryShares 2021-05-01 09011399 core:ShareCapitalOrdinaryShares 2022-05-01 2023-04-30 09011399 core:ShareCapitalOrdinaryShares 2021-05-01 2022-04-30 09011399 core:ShareCapitalOrdinaryShares 2023-04-30 09011399 core:ShareCapitalOrdinaryShares 2022-04-30 09011399 core:RetainedEarningsAccumulatedLosses 2022-05-01 09011399 core:RetainedEarningsAccumulatedLosses 2021-05-01 09011399 core:RetainedEarningsAccumulatedLosses 2022-05-01 2023-04-30 09011399 core:RetainedEarningsAccumulatedLosses 2021-05-01 2022-04-30 09011399 core:RetainedEarningsAccumulatedLosses 2023-04-30 09011399 core:RetainedEarningsAccumulatedLosses 2022-04-30 09011399 dpl:Item1 2022-05-01 09011399 dpl:Item1 2023-04-30 09011399 dpl:Item1 2021-05-01 09011399 dpl:Item1 2022-04-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 09011399
England and Wales

 

 

 

MILK (READING) LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 May 2022

End date: 30 April 2023
Directors Constansia Rose Bott Cain
Andrew Mark Turner
Timothy Edward Hooper
Registered Number 09011399
Registered Office C/O Melanie Curtis Accountants Ltd 100 Berkshire Place
Winnersh
Wokingham
Berkshire
RG41 5RD
1
Director's report and financial statements
The directors present his/her/their annual report and the financial statements for the year ended 30 April 2023.
Principal activities
Principal activity of the company during the financial year was of public house and bar. 
Directors
The directors who served the company throughout the year were as follows:
Constansia Rose Bott Cain
Andrew Mark Turner
Timothy Edward Hooper

This report was approved by the board and signed on its behalf by:


----------------------------------
Constansia Rose Bott Cain
Director

Date approved: 05 October 2023
2
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Milk (Reading) Ltd for the year ended year ended 30 April 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.


As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Milk (Reading) Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Milk (Reading) Ltd and state those matters that we have agreed to state to the director of Milk (Reading) Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Milk (Reading) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Milk (Reading) Ltd. You consider that Milk (Reading) Ltd 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 financial statements of Milk (Reading) Ltd. 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 financial statements.



....................................................
Melanie Curtis Accountants Ltd
100 Berskhire Place
Winnersh Wokingham
RG41 5RD
05 October 2023
3
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 1,507    2,133 
1,507    2,133 
Current assets      
Stocks 4 5,000    5,000 
Debtors 5 24,979    18,519 
Cash at bank and in hand 9,075    23,760 
39,054    47,279 
Creditors: amount falling due within one year 6 (26,821)   (30,795)
Net current assets 12,233    16,484 
 
Total assets less current liabilities 13,740    18,617 
Creditors: amount falling due after more than one year 7 (13,315)   (18,241)
Provisions for liabilities 8 (79)   (152)
Net assets 346    224 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 246    124 
Shareholder's funds 346    224 
 


For the year ended 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. 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.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 05 October 2023 and were signed on its behalf by:


-------------------------------
Constansia Rose Bott Cain
Director
4
  Equity share capital   Retained Earnings   Total
£ £ £
At 01 May 2021 100  100 
Profit for the year 54,474  54,474 
Total comprehensive income for the year 54,474  54,474 
Dividends (54,350) (54,350)
Total investments by and distributions to owners (54,350) (54,350)
At 30 April 2022 100  124  224 
At 01 May 2022 100  124  224 
Profit for the year 31,932  31,932 
Total comprehensive income for the year 31,932  31,932 
Dividends (31,810) (31,810)
Total investments by and distributions to owners (31,810) (31,810)
At 30 April 2023 100  246  346 
5
General Information
Milk (Reading) Ltd is a private company, limited by shares, registered in England and Wales, registration number 09011399, registration address C/O Melanie Curtis Accountants Ltd 100 Berkshire Place, Winnersh, Wokingham, Berkshire , RG41 5RD.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102"The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.

Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 20% Straight Line
Fixtures and Fittings 25% Reducing Balance
Computer Equipment 33% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 2 (2022 : 2).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £
At 01 May 2022 3,688    5,770    950    10,408 
Additions      
Disposals      
At 30 April 2023 3,688    5,770    950    10,408 
Depreciation
At 01 May 2022 2,902    4,694    679    8,275 
Charge for year 220    269    137    626 
On disposals      
At 30 April 2023 3,122    4,963    816    8,901 
Net book values
Closing balance as at 30 April 2023 566    807    134    1,507 
Opening balance as at 01 May 2022 786    1,076    271    2,133 


4.

Stocks

2023
£
  2022
£
Stocks 5,000    5,000 
5,000    5,000 

5.

Debtors: amounts falling due within one year

2023
£
  2022
£
Trade Debtors 65    84 
Prepayments & Accrued Income 1,290    1,023 
Taxation recoverable 5,846    5,040 
Directors' Current Accounts 17,778    12,372 
24,979    18,519 

6.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 2,768    2,425 
Bank loans 4,926    4,798 
Social security and other tax 18,479    22,397 
Accrued Expenses 460    877 
Other Creditors 188    298 
26,821    30,795 

7.

Creditors: amount falling due after more than one year

2023
£
  2022
£
Bank loans - 1-2 years 5,053    4,926 
Bank loans - 2-5 years 8,262    13,315 
13,315    18,241 

8.

Provisions for liabilities

2023
£
  2022
£
Deferred Tax 79    152 
79    152 

6