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REGISTERED NUMBER: 04332404 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2022

FOR

MILLAR MANAGEMENT LIMITED

MILLAR MANAGEMENT LIMITED (REGISTERED NUMBER: 04332404)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MILLAR MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2022







DIRECTORS: Mr R Millar
Mr R Emery
Mr R D Smith
Mr I K C Walton





REGISTERED OFFICE: No 7 Brunel Parkway
Pride Park
Derby
Derbyshire
DE24 8HR





REGISTERED NUMBER: 04332404 (England and Wales)





ACCOUNTANTS: Wynniatt-Husey Limited (Uttoxeter Branch)
The Old Bakehouse
Dove Walk
Uttoxeter
Staffordshire
ST14 8EH

MILLAR MANAGEMENT LIMITED (REGISTERED NUMBER: 04332404)

BALANCE SHEET
30 NOVEMBER 2022

30.11.21 30.11.22
£    £    Notes £    £   
FIXED ASSETS
222,737 Tangible assets 4 223,564

CURRENT ASSETS
121,350 Stocks 5 40,875
143,069 Debtors 6 304,851
104,625 Cash at bank 572,605
369,044 918,331
CREDITORS
140,991 Amounts falling due within one year 7 521,126
228,053 NET CURRENT ASSETS 397,205
450,790 TOTAL ASSETS LESS CURRENT
LIABILITIES

620,769

CREDITORS
127,659 Amounts falling due after more than one
year

8

111,447
323,131 NET ASSETS 509,322

CAPITAL AND RESERVES
3 Called up share capital 9 1,002
323,128 Retained earnings 508,320
323,131 SHAREHOLDERS' FUNDS 509,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

MILLAR MANAGEMENT LIMITED (REGISTERED NUMBER: 04332404)

BALANCE SHEET - continued
30 NOVEMBER 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2023 and were signed on its behalf by:




Mr R Emery - Director



Mr R Millar - Director


MILLAR MANAGEMENT LIMITED (REGISTERED NUMBER: 04332404)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

1. STATUTORY INFORMATION

Millar Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2021 - 7 ) .

MILLAR MANAGEMENT LIMITED (REGISTERED NUMBER: 04332404)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2022

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
Totals property fittings equipment
£    £    £    £   
COST
At 1 December 2021 226,127 215,438 3,588 7,101
Additions 7,276 - - 7,276
At 30 November 2022 233,403 215,438 3,588 14,377
DEPRECIATION
At 1 December 2021 3,390 - 1,598 1,792
Charge for year 6,449 - 1,990 4,459
At 30 November 2022 9,839 - 3,588 6,251
NET BOOK VALUE
At 30 November 2022 223,564 215,438 - 8,126
At 30 November 2021 222,737 215,438 1,990 5,309

5. STOCKS
30.11.22 30.11.21
£    £   
Work-in-progress 40,875 121,350

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.22 30.11.21
£    £   
Trade debtors 292,830 132,378
Prepayments 12,021 10,691
304,851 143,069

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.22 30.11.21
£    £   
Bank loans and overdrafts 20,128 20,128
Trade creditors (2 ) (2 )
Credit Card 6,833 856
Tax 134,934 75,493
Social security and other taxes 5,706 3,185
Wages control (263 ) 1,144
Pension control 9,217 779
VAT 138,886 32,191
Directors' current accounts 85,000 1,314
Accrued expenses 120,687 5,903
521,126 140,991

MILLAR MANAGEMENT LIMITED (REGISTERED NUMBER: 04332404)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.22 30.11.21
£    £   
Bank loans - 1-2 years 20,128 20,128
Bank loans - 2-5 years 60,383 60,383
Bank loans more 5 yr by instal 30,936 47,148
111,447 127,659

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 30,936 47,148

9. CALLED UP SHARE CAPITAL

** POSTING HAS BEEN MADE TO SHARE CAPITAL 3 ACCOUNT ON TRIAL BALANCE BUT NO CORRESPONDING ENTRY HAS BEEN MADE ON CLIENT SCREEN FOR SHARE CAPITAL 3
THIS NOTE WILL THEREFORE NOT AGREE TO AMOUNT SHOWN ON
BALANCE SHEET


Allotted, issued and fully paid:
Number: Class: Nominal 30.11.22 30.11.21
value: £    £   
2 Ordinary £1 1,000 2
1 Ordinary B £1 1 1
1,001 3