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Company Registration No. 11717244 (England and Wales)
THE MILNER METHOD LTD Unaudited accounts for the year ended 31 December 2023
THE MILNER METHOD LTD Unaudited accounts Contents
Page
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THE MILNER METHOD LTD Company Information for the year ended 31 December 2023
Director
A. M. Milner
Company Number
11717244 (England and Wales)
Registered Office
4 Sussex Street Sussex Street Doncaster DN4 8JF England
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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THE MILNER METHOD LTD Accountants' report
Accountants' report to the director of THE MILNER METHOD LTD on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of THE MILNER METHOD LTD for the year ended 31 December 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of THE MILNER METHOD LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of THE MILNER METHOD LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than THE MILNER METHOD LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that THE MILNER METHOD LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of THE MILNER METHOD LTD. You consider that THE MILNER METHOD LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of THE MILNER METHOD LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 10 April 2024
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THE MILNER METHOD LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,894 
3,313 
Current assets
Debtors
- 
6,596 
Cash at bank and in hand
236 
2 
236 
6,598 
Creditors: amounts falling due within one year
(8,430)
(9,529)
Net current liabilities
(8,194)
(2,931)
Net (liabilities)/assets
(2,300)
382 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(2,301)
381 
Shareholders' funds
(2,300)
382 
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 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 10 April 2024 and were signed on its behalf by
A. M. Milner Director Company Registration No. 11717244
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THE MILNER METHOD LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
THE MILNER METHOD LTD is a private company, limited by shares, registered in England and Wales, registration number 11717244. The registered office is 4 Sussex Street, Sussex Street, Doncaster, DN4 8JF, 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.
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:
Motor vehicles
25% reducing balance
Computer equipment
33.33% straight-line
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
5,450 
319 
5,769 
Additions
3,994 
335 
4,329 
At 31 December 2023
9,444 
654 
10,098 
Depreciation
At 1 January 2023
2,300 
156 
2,456 
Charge for the year
1,570 
178 
1,748 
At 31 December 2023
3,870 
334 
4,204 
Net book value
At 31 December 2023
5,574 
320 
5,894 
At 31 December 2022
3,150 
163 
3,313 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
6,596 
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THE MILNER METHOD LTD Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
900 
3,198 
Taxes and social security
7,375 
6,331 
Accruals
155 
- 
8,430 
9,529 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
A. M. Milner
Director's loan account
6,596 
(14,003)
(10,898)
3,491 
6,596 
(14,003)
(10,898)
3,491 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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