Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-31No description of principal activity2022-07-180false2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14239022 2022-07-17 14239022 2022-07-18 2023-07-31 14239022 2021-08-01 2022-07-17 14239022 2023-07-31 14239022 c:Director1 2022-07-18 2023-07-31 14239022 c:Director2 2022-07-18 2023-07-31 14239022 d:CurrentFinancialInstruments 2023-07-31 14239022 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 14239022 d:ShareCapital 2023-07-31 14239022 d:RetainedEarningsAccumulatedLosses 2023-07-31 14239022 c:FRS102 2022-07-18 2023-07-31 14239022 c:AuditExempt-NoAccountantsReport 2022-07-18 2023-07-31 14239022 c:FullAccounts 2022-07-18 2023-07-31 14239022 c:PrivateLimitedCompanyLtd 2022-07-18 2023-07-31 14239022 e:PoundSterling 2022-07-18 2023-07-31 iso4217:GBP xbrli:pure
Registered number: 14239022









MILLER DEVELOPMENTS (NORFOLK) LTD

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JULY 2023

 
MILLER DEVELOPMENTS (NORFOLK) LTD
REGISTERED NUMBER: 14239022

BALANCE SHEET
AS AT 31 JULY 2023

2023
Note
£

  

Current assets
  

Stocks
  
117,905

Debtors: amounts falling due within one year
 4 
1,141

Cash at bank and in hand
 5 
1,241

  
120,287

Creditors: amounts falling due within one year
 6 
(124,460)

Net current (liabilities)/assets
  
 
 
(4,173)

Total assets less current liabilities
  
(4,173)

  

Net (liabilities)/assets
  
(4,173)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(4,273)

  
(4,173)

Page 1

 
MILLER DEVELOPMENTS (NORFOLK) LTD
REGISTERED NUMBER: 14239022

BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Mr J Miller
................................................
Mr M I Miller
Director
Director


Date: 15 April 2024

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
MILLER DEVELOPMENTS (NORFOLK) LTD
 

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

1.


General information

Miller Developments (Norfolk) Ltd is a private company limited by shares, incorporated in England and Wales, with a company registration number of 14239022. The address of the registered office is Anglia House, 6 Central Avenue, Thorpe St Andrew, Norwich, Norfolk, NR7 0HR.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company meets its day to day working capital requirements with the support of the directors' loan accounts. In the opinion of the directors, this support will continue to be available and adequate for the foreseeable future. On this basis the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the directors' support.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
MILLER DEVELOPMENTS (NORFOLK) LTD
 

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

2.Accounting policies (continued)

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees



The average monthly number of employees, including directors, during the period was 2.


4.


Debtors

2023
£


Other debtors
1,141

1,141


Page 4

 
MILLER DEVELOPMENTS (NORFOLK) LTD
 

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

5.


Cash and cash equivalents

2023
£

Cash at bank and in hand
1,241

1,241



6.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
1,846

Other creditors
120,814

Accruals and deferred income
1,800

124,460



7.


Related party transactions

During the period ended 31 July 2023 the directors introduced funds of £122,914 and withdrew funds of £2,100. No interest was charged on the loan, leaving a balance of £120,814 at the period end.


Page 5