Company Registration No. 12924295 (England and Wales)
MILLER O'DOWD LTD
Unaudited accounts
for the year ended 31 October 2023
MILLER O'DOWD LTD
Unaudited accounts
Contents
MILLER O'DOWD LTD
Company Information
for the year ended 31 October 2023
Company Number
12924295 (England and Wales)
Registered Office
YHA HAWES LANCASTER TERRACE
TURFY HILL
HAWES
DL8 3LQ
ENGLAND
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors
Crown House, York Road
Shiptonthorpe
York
East Yorkshire
YO43 3PF
MILLER O'DOWD LTD
Statement of financial position
as at 31 October 2023
Intangible assets
60,000
65,000
Tangible assets
26,857
31,163
Cash at bank and in hand
63,200
12,731
Creditors: amounts falling due within one year
(60,724)
(50,299)
Net current assets/(liabilities)
14,196
(24,949)
Total assets less current liabilities
101,053
71,214
Creditors: amounts falling due after more than one year
(92,000)
(92,000)
Provisions for liabilities
Net assets/(liabilities)
7,650
(20,786)
Called up share capital
100
100
Profit and loss account
7,550
(20,886)
Shareholders' funds
7,650
(20,786)
For the year ending 31 October 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 2 April 2024 and were signed on its behalf by
D Miller
Director
Company Registration No. 12924295
MILLER O'DOWD LTD
Notes to the Accounts
for the year ended 31 October 2023
MILLER O'DOWD LTD is a private company, limited by shares, registered in England and Wales, registration number 12924295. The registered office is YHA HAWES LANCASTER TERRACE, TURFY HILL, HAWES, DL8 3LQ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
20% on a reducing balance
Motor vehicles
25% on a reducing balance
Computer equipment
30% on a reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill is written off over 15 years straightline.
4
Intangible fixed assets
Goodwill
MILLER O'DOWD LTD
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2022
14,950
20,646
5,300
1,628
42,524
Additions
-
-
2,700
-
2,700
At 31 October 2023
14,950
20,646
8,000
1,628
45,224
At 1 November 2022
-
9,180
1,979
202
11,361
Charge for the year
-
5,162
1,437
407
7,006
At 31 October 2023
-
14,342
3,416
609
18,367
At 31 October 2023
14,950
6,304
4,584
1,019
26,857
At 31 October 2022
14,950
11,466
3,321
1,426
31,163
Amounts falling due within one year
Accrued income and prepayments
5,625
-
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,473
13,924
Taxes and social security
5,882
407
Other creditors
20,175
3,208
Loans from directors
23,207
22,208
8
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
92,000
92,000
9
Average number of employees
During the year the average number of employees was 3 (2022: 4).