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Company Registration No. 04209607 (England and Wales)
Milad One Limited Unaudited accounts for the year ended 31 May 2023
Milad One Limited Unaudited accounts Contents
Page
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Milad One Limited Company Information for the year ended 31 May 2023
Director
M Maroun
Company Number
04209607 (England and Wales)
Registered Office
37A Edgware Road London W2 2JE England
Accountants
Murugesu Associates 77 Milson Road West Kensington London W14 0LH
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Milad One Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
48,000 
54,000 
Cash at bank and in hand
61,359 
48,017 
109,359 
102,017 
Creditors: amounts falling due within one year
(10,155)
(8,237)
Net current assets
99,204 
93,780 
Total assets less current liabilities
99,204 
93,780 
Creditors: amounts falling due after more than one year
(13,996)
(17,683)
Net assets
85,208 
76,097 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
85,206 
76,095 
Shareholders' funds
85,208 
76,097 
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 6 November 2023 and were signed on its behalf by
M Maroun Director Company Registration No. 04209607
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Milad One Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Milad One Limited is a private company, limited by shares, registered in England and Wales, registration number 04209607. The registered office is 37A Edgware Road, London, W2 2JE, England.
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
25% on a reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2022
478 
At 31 May 2023
478 
Depreciation
At 1 June 2022
478 
At 31 May 2023
478 
Net book value
At 31 May 2023
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
40,000 
46,000 
Accrued income and prepayments
8,000 
8,000 
48,000 
54,000 
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Milad One Limited Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
8,355 
6,126 
Other creditors
- 
69 
Loans from directors
- 
362 
Accruals
1,800 
1,680 
10,155 
8,237 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
13,996 
17,683 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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