1 April 2022 false No description of principal activity Taxfiler 2023.10 10436018business:PrivateLimitedCompanyLtd2022-04-012023-03-31 104360182022-03-31 104360182022-04-012023-03-31 10436018business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 10436018business:FilletedAccounts2022-04-012023-03-31 104360182023-03-31 10436018business:Director12022-04-012023-03-31 10436018business:Director22022-04-012023-03-31 10436018business:RegisteredOffice2022-04-012023-03-31 104360182022-03-31 10436018core:WithinOneYear2023-03-31 10436018core:WithinOneYear2022-03-31 10436018core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 10436018core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 10436018core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 10436018core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 10436018core:PreviouslyStatedAmount2023-03-31 10436018core:PreviouslyStatedAmount2022-03-31 10436018business:SmallEntities2022-04-012023-03-31 10436018countries:EnglandWales2022-04-012023-03-31 10436018core:FurnitureFittings2022-04-012023-03-31 10436018core:ComputerEquipment2022-04-012023-03-31 10436018core:FurnitureFittings2022-03-31 10436018core:ComputerEquipment2022-03-31 10436018core:FurnitureFittings2023-03-31 10436018core:ComputerEquipment2023-03-31 10436018business:OrdinaryShareClass12022-04-012023-03-31 10436018business:OrdinaryShareClass12021-04-012022-03-31 104360182021-04-012022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10436018 (England and Wales)
Mila Furs Limited Unaudited filleted accounts for the year ended 31 March 2023
Mila Furs Limited Unaudited filleted accounts Contents
Page
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Mila Furs Limited Company Information for the year ended 31 March 2023
Directors
Ezequiel AZAR Nicole ATTIE BETESH
Company Number
10436018 (England and Wales)
Registered Office
1B Alverstone Road London NW2 5JS United Kingdom
Accountants
AKKS 174 Mill Lane London NW6 1TB
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Mila Furs Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,068 
10,573 
Current assets
Inventories
17,019 
15,799 
Debtors
3,183 
2,073 
Cash at bank and in hand
848 
14,630 
21,050 
32,502 
Creditors: amounts falling due within one year
(230,799)
(182,243)
Net current liabilities
(209,749)
(149,741)
Net liabilities
(202,681)
(139,168)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(202,682)
(139,169)
Shareholders' funds
(202,681)
(139,168)
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 24 November 2023 and were signed on its behalf by
Ezequiel AZAR Director Company Registration No. 10436018
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Mila Furs Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Mila Furs Limited is a private company, limited by shares, registered in England and Wales, registration number 10436018. The registered office is 1B Alverstone Road, London, NW2 5JS, United Kingdom. The company is in the process of being wound up.
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:
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
18,141 
21,230 
39,371 
Additions
- 
899 
899 
At 31 March 2023
18,141 
22,129 
40,270 
Depreciation
At 1 April 2022
16,327 
12,471 
28,798 
Charge for the year
882 
3,522 
4,404 
At 31 March 2023
17,209 
15,993 
33,202 
Net book value
At 31 March 2023
932 
6,136 
7,068 
At 31 March 2022
1,814 
8,759 
10,573 
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Mila Furs Limited Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
3,683 
2,573 
Trade debtors
(500)
(500)
3,183 
2,073 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
6,150 
5,998 
Taxes and social security
(3)
(190)
Loans from directors
224,652 
176,435 
230,799 
182,243 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £0.001 each
1 
1 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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