Company Registration No. 08331658 (England and Wales)
Mill Sales Direct Limited
Unaudited accounts
for the year ended 31 December 2023
Mill Sales Direct Limited
Unaudited accounts
Contents
Mill Sales Direct Limited
Company Information
for the year ended 31 December 2023
Company Number
08331658 (England and Wales)
Registered Office
Mill Sales Direct Ltd
Unit 2
Hatton Rock Business Park, Hatton Rock
Stratford-upon-Avon
Warwickshire
CV37 0BX
England
Mill Sales Direct Limited
Statement of financial position
as at 31 December 2023
Intangible assets
6,000
9,000
Tangible assets
16,233
20,379
Cash at bank and in hand
159,912
112,715
Creditors: amounts falling due within one year
(112,285)
(96,881)
Net current assets
178,941
153,370
Total assets less current liabilities
201,174
182,749
Creditors: amounts falling due after more than one year
(14,220)
(24,167)
Provisions for liabilities
Deferred tax
(3,872)
(3,872)
Net assets
183,082
154,710
Called up share capital
100
100
Profit and loss account
182,982
154,610
Shareholders' funds
183,082
154,710
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 directors acknowledge their 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 of Directors and authorised for issue on 19 August 2024 and were signed on its behalf by
M Petty
Director
Company Registration No. 08331658
Mill Sales Direct Limited
Notes to the Accounts
for the year ended 31 December 2023
Mill Sales Direct Limited is a private company, limited by shares, registered in England and Wales, registration number 08331658. The registered office is Mill Sales Direct Ltd, Unit 2, Hatton Rock Business Park, Hatton Rock, Stratford-upon-Avon, Warwickshire, CV37 0BX, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25 % reducing balance
Motor vehicles
25 % reducing balance
Fixtures & fittings
25 % reducing balance
Computer equipment
25 % reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 31 December 2023
15,000
Mill Sales Direct Limited
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2023
482
27,641
6,808
15,819
50,750
Additions
461
-
-
1,416
1,877
At 31 December 2023
943
27,641
6,808
17,235
52,627
At 1 January 2023
278
13,561
2,839
13,693
30,371
Charge for the year
100
3,520
595
1,808
6,023
At 31 December 2023
378
17,081
3,434
15,501
36,394
At 31 December 2023
565
10,560
3,374
1,734
16,233
At 31 December 2022
204
14,080
3,969
2,126
20,379
Amounts falling due within one year
Trade debtors
84,294
88,977
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,000
Trade creditors
51,284
41,067
Taxes and social security
35,022
24,103
Loans from directors
4,555
5,809
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).