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REGISTERED NUMBER: 00703637 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2023

FOR

W.J.MILLER & SONS LIMITED

W.J.MILLER & SONS LIMITED (REGISTERED NUMBER: 00703637)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31ST MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


W.J.MILLER & SONS LIMITED

COMPANY INFORMATION
for the Year Ended 31ST MAY 2023







DIRECTOR: S J D Miller





REGISTERED OFFICE: Woodland Grange
Clanville
Andover
Hampshire
SP11 9JE





REGISTERED NUMBER: 00703637 (England and Wales)

W.J.MILLER & SONS LIMITED (REGISTERED NUMBER: 00703637)

BALANCE SHEET
31ST MAY 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,118,667 2,799,158
Investments 5 24,025 24,025
3,142,692 2,823,183

CURRENT ASSETS
Stocks 220,090 266,805
Debtors 6 220,763 206,573
Cash at bank 394,509 359,230
835,362 832,608
CREDITORS
Amounts falling due within one year 7 208,253 173,076
NET CURRENT ASSETS 627,109 659,532
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,769,801

3,482,715

CREDITORS
Amounts falling due after more than one
year

8

(494,260

)

(443,655

)

PROVISIONS FOR LIABILITIES (143,907 ) (80,345 )
NET ASSETS 3,131,634 2,958,715

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 3,121,634 2,948,715
SHAREHOLDERS' FUNDS 3,131,634 2,958,715

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 14th February 2024 and were signed by:



S J D Miller - Director


W.J.MILLER & SONS LIMITED (REGISTERED NUMBER: 00703637)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31ST MAY 2023

1. STATUTORY INFORMATION

W.J.Miller & Sons 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.

Turnover
Turnover represents income derived from the company's principal activity and is stated net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - None provided and Straight line over 50 years
Plant and machinery etc - 25% on reducing balance, 25% on cost and Straight line over 30 years

Depreciation is provided on freehold buildings to write off the cost of buildings over 50 years. No depreciation is provided on land.

Stocks
Livestocks, tillages and stores are professionally valued at the lower of cost and net realisable value.


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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

W.J.MILLER & SONS LIMITED (REGISTERED NUMBER: 00703637)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31ST MAY 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company participates in a centralised pension scheme operated by an independent pension provider. Contributions payable for the year are charged in the profit and loss account.

Government grants
Grants that relate to specific capital expenditure are treated as deferred income which is then credited to the profit and loss account over the related asset's useful life.

Other grants are credited to the profit and loss account when received.

Fixed asset investments
Fixed asset investments are recognised at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st June 2022 2,524,882 1,386,921 3,911,803
Additions - 550,437 550,437
Disposals - (315,717 ) (315,717 )
At 31st May 2023 2,524,882 1,621,641 4,146,523
DEPRECIATION
At 1st June 2022 156,382 956,263 1,112,645
Charge for year 14,556 132,183 146,739
Eliminated on disposal - (231,528 ) (231,528 )
At 31st May 2023 170,938 856,918 1,027,856
NET BOOK VALUE
At 31st May 2023 2,353,944 764,723 3,118,667
At 31st May 2022 2,368,500 430,658 2,799,158

Included in cost of land and buildings is freehold land of £ 1,797,067 (2022 - £ 1,797,067 ) which is not depreciated.

W.J.MILLER & SONS LIMITED (REGISTERED NUMBER: 00703637)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31ST MAY 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1st June 2022 35,000
Additions 324,595
At 31st May 2023 359,595
DEPRECIATION
At 1st June 2022 6,545
Charge for year 26,679
At 31st May 2023 33,224
NET BOOK VALUE
At 31st May 2023 326,371
At 31st May 2022 28,455

5. FIXED ASSET INVESTMENTS

31.5.23 31.5.22
£    £   
Other investments not loans 25 25
Other loans 24,000 24,000
24,025 24,025

Additional information is as follows:
Other
investments
£   
COST
At 1st June 2022
and 31st May 2023 25
NET BOOK VALUE
At 31st May 2023 25
At 31st May 2022 25
Wiltshire
Grain
qualification
loan
£   
At 1st June 2022
and 31st May 2023 24,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 180,668 166,980
Other debtors 40,095 39,593
220,763 206,573

W.J.MILLER & SONS LIMITED (REGISTERED NUMBER: 00703637)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31ST MAY 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 44,538 44,538
Hire purchase contracts 72,533 9,604
Trade creditors 41,875 40,421
Taxation and social security 625 35,245
Other creditors 48,682 43,268
208,253 173,076

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans 389,503 434,041
Hire purchase contracts 104,757 9,614
494,260 443,655

9. SECURED DEBTS

The following secured debts are included within creditors:

31.5.23 31.5.22
£    £   
Bank loans 434,041 478,579
Hire purchase contracts 177,290 19,218
611,331 497,797