MILLGATE STUDIOS LTD

Company Registration Number:
07915661 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

MILLGATE STUDIOS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Balance sheet
Notes

MILLGATE STUDIOS LTD

Balance sheet

As at 31 January 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 1 1
Tangible assets: 4 44,123 54,421
Total fixed assets: 44,124 54,422
Current assets
Debtors:     17,269
Cash at bank and in hand: 81,139 35,333
Total current assets: 81,139 52,602
Creditors: amounts falling due within one year:   (50,066) (27,445)
Net current assets (liabilities): 31,073 25,157
Total assets less current liabilities: 75,197 79,579
Creditors: amounts falling due after more than one year:   (15,365) (19,787)
Provision for liabilities: (3,780) (3,780)
Total net assets (liabilities): 56,052 56,012
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 55,952 55,912
Shareholders funds: 56,052 56,012

The notes form part of these financial statements

MILLGATE STUDIOS LTD

Balance sheet statements

For the year ending 31 January 2023 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 20 October 2023
and signed on behalf of the board by:

Name: Martin Hobson
Status: Director

The notes form part of these financial statements

MILLGATE STUDIOS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MILLGATE STUDIOS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

MILLGATE STUDIOS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Intangible Assets

Total
Cost £
At 01 February 2022 18,900
At 31 January 2023 18,900
Amortisation
At 01 February 2022 18,899
At 31 January 2023 18,899
Net book value
At 31 January 2023 1
At 31 January 2022 1

MILLGATE STUDIOS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Tangible Assets

Total
Cost £
At 01 February 2022 105,472
Additions 5,337
At 31 January 2023 110,809
Depreciation
At 01 February 2022 51,051
Charge for year 15,635
At 31 January 2023 66,686
Net book value
At 31 January 2023 44,123
At 31 January 2022 54,421