Company Registration No. 09365517 (England and Wales)
Millwood Properties (1994) Limited
Unaudited accounts
for the year ended 31 December 2023
Millwood Properties (1994) Limited
Unaudited accounts
Contents
Millwood Properties (1994) Limited
Company Information
for the year ended 31 December 2023
Directors
Nicolino Pucacco
Jane Pucacco
Company Number
09365517 (England and Wales)
Registered Office
Ambleside, Mill Lane
Castor
Peterborough
Cambridgeshire
PE5 7BU
ENGLAND
Accountants
P&A Accountancy Services LLP
32 Thorpe Wood
Thorpe Wood Business Park
Peterborough
County (optional)
PE3 6SR
Millwood Properties (1994) Limited
Statement of financial position
as at 31 December 2023
Tangible assets
842,670
857,060
Cash at bank and in hand
63,931
31,520
Creditors: amounts falling due within one year
(18,331)
(5,966)
Net current assets
595,871
553,258
Total assets less current liabilities
1,438,541
1,410,318
Creditors: amounts falling due after more than one year
(830,958)
(836,406)
Net assets
607,583
573,912
Called up share capital
600,100
600,100
Revaluation reserve
257,021
257,021
Profit and loss account
(249,538)
(283,209)
Shareholders' funds
607,583
573,912
For the year ending 31 December 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 1 February 2024 and were signed on its behalf by
Nicolino Pucacco
Director
Company Registration No. 09365517
Millwood Properties (1994) Limited
Notes to the Accounts
for the year ended 31 December 2023
Millwood Properties (1994) Limited is a private company, limited by shares, registered in England and Wales, registration number 09365517. The registered office is Ambleside, Mill Lane, Castor, Peterborough, Cambridgeshire, PE5 7BU, 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
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2023
826,814
24,612
6,898
36,200
894,524
Disposals
-
-
(6,898)
-
(6,898)
At 31 December 2023
826,814
24,612
-
36,200
887,626
At 1 January 2023
-
15,702
-
21,762
37,464
Charge for the year
-
3,881
-
3,611
7,492
At 31 December 2023
-
19,583
-
25,373
44,956
At 31 December 2023
826,814
5,029
-
10,827
842,670
At 31 December 2022
826,814
8,910
6,898
14,438
857,060
Millwood Properties (1994) Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
15,321
(9,764)
Amounts falling due after more than one year
Other debtors
502,450
502,446
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
2,740
2,655
Taxes and social security
48
48
Other creditors
7,034
1,387
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
830,958
836,406
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).