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REGISTERED NUMBER: 03017515 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST JANUARY 2022 TO 31ST MARCH 2023

FOR

MILLER TRADING (NORTH WALES) LIMITED

MILLER TRADING (NORTH WALES) LIMITED (REGISTERED NUMBER: 03017515)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST JANUARY 2022 TO 31ST MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MILLER TRADING (NORTH WALES) LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1ST JANUARY 2022 TO 31ST MARCH 2023







DIRECTORS: S E Miller
B J Miller



REGISTERED OFFICE: MD Coxey & Co Ltd
Riverside House
Brymau Three Trading Estate, Saltney
Chester
Flintshire
CH4 8RQ



REGISTERED NUMBER: 03017515 (England and Wales)



ACCOUNTANTS: M. D. Coxey and Co. Limited
Chartered Accountants
25 Grosvenor Road
Wrexham
LL11 1BT



BANKERS: Barclays Bank plc
High Street
Prestatyn
Denbighshire

MILLER TRADING (NORTH WALES) LIMITED (REGISTERED NUMBER: 03017515)

BALANCE SHEET
31ST MARCH 2023

31.3.23 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 45,031 61,088
Investments 5 - 2,956,626
45,031 3,017,714

CURRENT ASSETS
Debtors 6 - 318
Investments 7 2,594,428 -
Cash at bank 566,507 112,938
3,160,935 113,256
CREDITORS
Amounts falling due within one year 8 379,435 50,043
NET CURRENT ASSETS 2,781,500 63,213
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,826,531

3,080,927

CAPITAL AND RESERVES
Called up share capital 9 2,000 2,000
Share premium 593,750 593,750
Retained earnings 2,230,781 2,485,177
SHAREHOLDERS' FUNDS 2,826,531 3,080,927

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2023 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.

MILLER TRADING (NORTH WALES) LIMITED (REGISTERED NUMBER: 03017515)

BALANCE SHEET - continued
31ST MARCH 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19th September 2023 and were signed on its behalf by:





B J Miller - Director


MILLER TRADING (NORTH WALES) LIMITED (REGISTERED NUMBER: 03017515)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST JANUARY 2022 TO 31ST MARCH 2023

1. STATUTORY INFORMATION

Miller Trading (North Wales) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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.
Leasehold - 5% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Investments
Fixed asset investments are included in the company's balance sheet at cost less any amounts written off for permanent diminution in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2021 - 5 ) .

MILLER TRADING (NORTH WALES) LIMITED (REGISTERED NUMBER: 03017515)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST JANUARY 2022 TO 31ST MARCH 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
Leasehold fittings vehicles Totals
£    £    £    £   
COST
At 1st January 2022 60,781 2,648 12,000 75,429
Disposals - (2,331 ) (12,000 ) (14,331 )
At 31st March 2023 60,781 317 - 61,098
DEPRECIATION
At 1st January 2022 - 2,342 11,999 14,341
Charge for period 15,955 99 - 16,054
Eliminated on disposal - (2,329 ) (11,999 ) (14,328 )
At 31st March 2023 15,955 112 - 16,067
NET BOOK VALUE
At 31st March 2023 44,826 205 - 45,031
At 31st December 2021 60,781 306 1 61,088

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st January 2022 2,956,626
Additions 750,443
Disposals (1,024,126 )
Reclassification/transfer (2,682,943 )
At 31st March 2023 -
NET BOOK VALUE
At 31st March 2023 -
At 31st December 2021 2,956,626

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.12.21
£    £   
Sundry debtors - 48
VAT - 270
- 318

7. CURRENT ASSET INVESTMENTS
31.3.23 31.12.21
£    £   
Unlisted investments 2,594,428 -

MILLER TRADING (NORTH WALES) LIMITED (REGISTERED NUMBER: 03017515)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST JANUARY 2022 TO 31ST MARCH 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.12.21
£    £   
Trade creditors 98 -
Tax 67,289 -
Social security and other taxes 308 -
Other creditors - 2,195
Directors' current accounts 309,677 46,198
Accruals and deferred income 2,063 1,650
379,435 50,043

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.12.21
value: £    £   
1,000 A ordinary £1 1,000 1,000
1,000 B ordinary £1 1,000 1,000
2,000 2,000

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is deemed to be B.J Miller, a director and majority shareholder.