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REGISTERED NUMBER: 06268721 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

MILLER ROSKELL LIMITED

MILLER ROSKELL LIMITED (REGISTERED NUMBER: 06268721)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


MILLER ROSKELL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: Mr D G Miller FCCA
Mr K Roskell FCCA





REGISTERED OFFICE: 17 Victoria Road East
Thornton Cleveleys
Lancashire
FY5 5HT





REGISTERED NUMBER: 06268721 (England and Wales)





ACCOUNTANTS: Miller Roskell Limited
Chartered Certified Accountants
17 Victoria Road East
Thornton Cleveleys
Lancashire
FY5 5HT

MILLER ROSKELL LIMITED (REGISTERED NUMBER: 06268721)

STATEMENT OF FINANCIAL POSITION
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 314,928 324,933
Investment property 6 296,405 -
611,333 324,933

CURRENT ASSETS
Stocks 238,990 209,344
Debtors 7 378,417 408,916
Cash at bank and in hand 644,535 698,609
1,261,942 1,316,869
CREDITORS
Amounts falling due within one year 8 387,543 386,753
NET CURRENT ASSETS 874,399 930,116
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,485,732

1,255,049

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 1,485,631 1,254,948
SHAREHOLDERS' FUNDS 1,485,732 1,255,049

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

MILLER ROSKELL LIMITED (REGISTERED NUMBER: 06268721)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 April 2024 and were signed on its behalf by:




Mr K Roskell FCCA - Director



Mr D G Miller FCCA - Director


MILLER ROSKELL LIMITED (REGISTERED NUMBER: 06268721)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

Miller Roskell 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on cost and 10% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Work in progress is 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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

MILLER ROSKELL LIMITED (REGISTERED NUMBER: 06268721)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2022 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2022
and 31 July 2023 267,870
AMORTISATION
At 1 August 2022
and 31 July 2023 267,870
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 August 2022 329,707 90,722 420,429
Additions - 2,154 2,154
At 31 July 2023 329,707 92,876 422,583
DEPRECIATION
At 1 August 2022 15,678 79,818 95,496
Charge for year 5,644 6,515 12,159
At 31 July 2023 21,322 86,333 107,655
NET BOOK VALUE
At 31 July 2023 308,385 6,543 314,928
At 31 July 2022 314,029 10,904 324,933

Included in cost of land and buildings is freehold land of £ 100,000 (2022 - £ 100,000 ) which is not depreciated.

MILLER ROSKELL LIMITED (REGISTERED NUMBER: 06268721)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 296,405
At 31 July 2023 296,405
NET BOOK VALUE
At 31 July 2023 296,405

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 334,958 367,554
Other debtors 43,459 41,362
378,417 408,916

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,053 2,953
Taxation and social security 211,910 183,391
Other creditors 174,580 200,409
387,543 386,753

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2023 and 31 July 2022:

2023 2022
£    £   
Mr K Roskell FCCA
Balance outstanding at start of year - 90,031
Amounts repaid - (90,031 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Interest was charged on the loan account balance at the Official Rate.

10. RELATED PARTY DISCLOSURES

The directors operated loan accounts with the company. The aggregate balance owed to the directors at 31 July 2023 was £167,840 (2022 - £192,498).

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr D G Miller FCCA.