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Company Registration No. 10780702 (England and Wales)
MILANO D&D LTD Unaudited accounts for the year ended 31 May 2023
MILANO D&D LTD Company Information for the year ended 31 May 2023
Director
Besmir Rrokomani
Company Number
10780702 (England and Wales)
Registered Office
28 BRIDGE STREET CHEPSTOW NP16 5EZ WALES
Accountants
AL Accounting Solutions Limited Chartered Certified Accountants 21A Brighton Road South Croydon Croydon CR2 6EA
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MILANO D&D LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
60,867 
41,938 
Investments
- 
70,164 
60,867 
112,102 
Current assets
Inventories
17,500 
17,500 
Debtors
970 
- 
Cash at bank and in hand
52,036 
13,691 
70,506 
31,191 
Creditors: amounts falling due within one year
(54,430)
(61,115)
Net current assets/(liabilities)
16,076 
(29,924)
Total assets less current liabilities
76,943 
82,178 
Creditors: amounts falling due after more than one year
(27,982)
(38,867)
Net assets
48,961 
43,311 
Capital and reserves
Called up share capital
15,000 
15,000 
Profit and loss account
33,961 
28,311 
Shareholders' funds
48,961 
43,311 
For the year ending 31 May 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 24 August 2023 and were signed on its behalf by
Besmir Rrokomani Director Company Registration No. 10780702
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MILANO D&D LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
MILANO D&D LTD is a private company, limited by shares, registered in England and Wales, registration number 10780702. The registered office is 28 BRIDGE STREET, CHEPSTOW, NP16 5EZ, WALES.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
70,395 
- 
70,395 
Additions
23,684 
10,453 
34,137 
At 31 May 2023
94,079 
10,453 
104,532 
Depreciation
At 1 June 2022
28,457 
- 
28,457 
Charge for the year
13,117 
2,091 
15,208 
At 31 May 2023
41,574 
2,091 
43,665 
Net book value
At 31 May 2023
52,505 
8,362 
60,867 
At 31 May 2022
41,938 
- 
41,938 
5
Investments
Other investments 
£ 
Valuation at 1 June 2022
70,164 
Disposals
(70,164)
Valuation at 31 May 2023
- 
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MILANO D&D LTD Notes to the Accounts for the year ended 31 May 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
970 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
28,974 
20,722 
Taxes and social security
22,210 
37,159 
Loans from directors
- 
864 
Accruals
3,246 
2,370 
54,430 
61,115 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
27,982 
38,867 
9
Average number of employees
During the year the average number of employees was 22 (2022: 16).
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