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REGISTERED NUMBER: 09219105 (England and Wales)






High Mill Antiques Limited

Financial Statements

for the Year Ended 29 February 2024






High Mill Antiques Limited (Registered number: 09219105)

Contents of the Financial Statements
for the year ended 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


High Mill Antiques Limited

Company Information
for the year ended 29 February 2024







DIRECTORS: Mr W E Cundall
Mrs F B Cundall





REGISTERED OFFICE: 33 George Street
Wakefield
West Yorkshire
WF1 1LX





REGISTERED NUMBER: 09219105 (England and Wales)





ACCOUNTANTS: SMH Jolliffe Cork Ltd
Chartered Accountants
33 George Street
Wakefield
West Yorkshire
WF1 1LX

High Mill Antiques Limited (Registered number: 09219105)

Balance Sheet
29 February 2024

2024 2023
Notes £ £
CURRENT ASSETS
Stocks 116,157 103,750
Debtors 4 111,359 146,749
Cash at bank 263 364
227,779 250,863
CREDITORS
Amounts falling due within one year 5 700 21,832
NET CURRENT ASSETS 227,079 229,031
TOTAL ASSETS LESS CURRENT
LIABILITIES

227,079

229,031

High Mill Antiques Limited (Registered number: 09219105)

Balance Sheet - continued
29 February 2024

2024 2023
Notes £ £

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 226,979 228,931
SHAREHOLDERS' FUNDS 227,079 229,031

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

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.

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

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 15 July 2024 and were signed on its behalf by:




Mr W E Cundall - Director



Mrs F B Cundall - Director


High Mill Antiques Limited (Registered number: 09219105)

Notes to the Financial Statements
for the year ended 29 February 2024


1. STATUTORY INFORMATION

High Mill Antiques Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The company's functional and presentation currency is the pound sterling £. All financial information presented has been rounded to the nearest £, unless otherwise stated.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

High Mill Antiques Limited (Registered number: 09219105)

Notes to the Financial Statements - continued
for the year ended 29 February 2024


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Amounts owed by participating interests 110,994 146,749
VAT 365 -
111,359 146,749

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Tax - 21,132
Accruals and deferred income 700 700
700 21,832

6. RELATED PARTY DISCLOSURES

At the year end £110,994 (2023:£146,749) was due to C & H Antiques Limited, a company in which the directors have an interest. The loan is interest free and there are no repayment terms.

During the year goods to the value of £12,407 (2023:£50,000) were purchased from C&H Antiques Limited and the value was deemed to be their fair value.