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REGISTERED NUMBER: 12553851 (England and Wales)















MILLSHAINE LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 202






MILLSHAINE LIMITED (REGISTERED NUMBER: 12553851)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MILLSHAINE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2023







DIRECTORS: Mrs L Marples
O S Marples
T O Marples





SECRETARY:





REGISTERED OFFICE: The Bridge House
Mill Lane
Dronfield
Derbyshire
S18 2XL





REGISTERED NUMBER: 12553851 (England and Wales)





ACCOUNTANTS: Ian R Collins & Co
The Bridge House
Mill Lane
Dronfield
Derbyshire
S18 2XL

MILLSHAINE LIMITED (REGISTERED NUMBER: 12553851)

BALANCE SHEET
30TH APRIL 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 676,240 1,071,451

CREDITORS
Amounts falling due within one
year

5

(225,590

)

(551,273

)
NET CURRENT LIABILITIES (225,590 ) (551,273 )
TOTAL ASSETS LESS
CURRENT LIABILITIES

450,650

520,178

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 450,648 520,176
SHAREHOLDERS' FUNDS 450,650 520,178

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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.

MILLSHAINE LIMITED (REGISTERED NUMBER: 12553851)

BALANCE SHEET - continued
30TH APRIL 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22nd June 2023 and were signed on its behalf by:





Mrs L Marples - Director


MILLSHAINE LIMITED (REGISTERED NUMBER: 12553851)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2023

1. STATUTORY INFORMATION

Millshaine 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 as modified by the revaluation of certain assets.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

MILLSHAINE LIMITED (REGISTERED NUMBER: 12553851)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2023

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st May 2022 1,071,451
Disposals (330,975 )
Share of profit/(loss) 20,065
Revaluations (101,518 )
Dividends received 17,217
At 30th April 2023 676,240
NET BOOK VALUE
At 30th April 2023 676,240
At 30th April 2022 1,071,451

Cost or valuation at 30th April 2023 is represented by:

Other
investments
£   
Valuation in 2021 83,699
Valuation in 2022 21,209
Valuation in 2023 (101,518 )
Cost 672,850
676,240

If listed investments had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 672,849 966,543

Listed investments were valued on an open market basis on 30th April 2023 by Waverton Investment Management .

MILLSHAINE LIMITED (REGISTERED NUMBER: 12553851)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN
ONE YEAR
2023 2022
£    £   
Trade creditors 1 -
Taxation and social security 3,515 5,541
Other creditors 222,074 545,732
225,590 551,273