REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 August 2023 |
for |
Fred Miller Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 August 2023 |
for |
Fred Miller Limited |
Fred Miller Limited (Registered number: 00513841) |
Contents of the Financial Statements |
for the Year Ended 31 August 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Fred Miller Limited |
Company Information |
for the Year Ended 31 August 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Accountants |
Citygate |
Longridge Road |
Preston |
Lancashire |
PR2 5BQ |
Fred Miller Limited (Registered number: 00513841) |
Balance Sheet |
31 August 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Other reserves |
Fair value reserve | 6 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Fred Miller Limited (Registered number: 00513841) |
Balance Sheet - continued |
31 August 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Fred Miller Limited (Registered number: 00513841) |
Notes to the Financial Statements |
for the Year Ended 31 August 2023 |
1. | STATUTORY INFORMATION |
Fred Miller Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Investment property |
Investment property is measured at fair value. Changes in fair value are recognised in profit or loss. Fair value is based on a valuation carried out independently. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 September 2022 |
and 31 August 2023 |
NET BOOK VALUE |
At 31 August 2023 |
At 31 August 2022 |
Fair value at 31 August 2023 is represented by: |
£ |
Valuation in 2016 | 245,000 |
If the investment property had not been revalued it would have been included at the following historical cost: |
2023 | 2022 |
£ | £ |
Cost | 59,574 | 59,574 |
Investment property was valued on an open market basis on 1 December 2016 by Messrs Salisbury Hamer . |
Fred Miller Limited (Registered number: 00513841) |
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2023 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Tax |
VAT | 1,624 | 1,592 |
Amounts owing to related companies | 31,652 | 31,652 |
Accrued expenses |
6. | RESERVES |
Fair |
value |
reserve |
£ |
At 1 September 2022 |
and 31 August 2023 |
7. | RELATED PARTY DISCLOSURES |
The balance due to Millercare Limited at 31 August 2023 was £31,652 (2022 - £31,652). |
During the year the company received rent of £32,371 (2022: £37,043) from Millercare Limited a company in which Mr and Mrs Johnson and their family own 100% of the issued share capital. |
Ultimate controlling party |
The company is ultimately controlled by Mrs L M Johnson who owns 51% of the issued voting share capital. |