Company Registration No. 09103075 (England and Wales)
MILAN BANCAK LIMITED
for the year ended 31 July 2023
MILAN BANCAK LIMITED
Contents
MILAN BANCAK LIMITED
Company Information
for the year ended 31 July 2023
Company Number
09103075 (England and Wales)
Registered Office
2 MONKS LANE
NEWBURY
BERKSHIRE
RG14 7HD
UNITED KINGDOM
MILAN BANCAK LIMITED
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
(17,347)
Creditors: amounts falling due within one year
(24,298)
Net current liabilities
(24,167)
Total assets less current liabilities
118,648
Creditors: amounts falling due after more than one year
(91,183)
Profit and loss account
27,463
Shareholders' funds
27,465
For the year ending 31 July 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 18 April 2024 and were signed on its behalf by
Milan Bancak
Director
Company Registration No. 09103075
MILAN BANCAK LIMITED
Notes to the Accounts
for the year ended 31 July 2023
MILAN BANCAK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09103075. The registered office is 2 MONKS LANE, NEWBURY, BERKSHIRE, RG14 7HD, UNITED KINGDOM .
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.
These financial statements for the year ended 31 July 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
The accounts are presented in £ sterling.
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2022
314,540
790
315,330
Additions
73,025
1,023
74,048
At 31 July 2023
387,565
1,813
389,378
At 1 August 2022
207,332
395
207,727
Charge for the year
37,929
907
38,836
At 31 July 2023
245,261
1,302
246,563
At 31 July 2023
142,304
511
142,815
Amounts falling due within one year
MILAN BANCAK LIMITED
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
Taxes and social security
869
Loans from directors
10,190
7
Creditors: amounts falling due after more than one year
2023
8
Average number of employees
During the year the average number of employees was 3.