1 January 2023 false No description of principal activity Taxfiler 2024.5 08331658business:PrivateLimitedCompanyLtd2023-01-012023-12-31 083316582022-12-31 083316582023-01-012023-12-31 08331658business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 08331658business:FilletedAccounts2023-01-012023-12-31 083316582023-12-31 08331658business:Director12023-01-012023-12-31 08331658business:Director22023-01-012023-12-31 08331658business:RegisteredOffice2023-01-012023-12-31 083316582022-12-31 08331658core:WithinOneYear2023-12-31 08331658core:WithinOneYear2022-12-31 08331658core:AfterOneYear2023-12-31 08331658core:AfterOneYear2022-12-31 08331658core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 08331658core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 08331658core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 08331658core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 08331658core:PreviouslyStatedAmount2023-12-31 08331658core:PreviouslyStatedAmount2022-12-31 08331658business:SmallEntities2023-01-012023-12-31 08331658countries:EnglandWales2023-01-012023-12-31 08331658core:PlantMachinery2023-01-012023-12-31 08331658core:MotorVehicles2023-01-012023-12-31 08331658core:FurnitureFittings2023-01-012023-12-31 08331658core:ComputerEquipment2023-01-012023-12-31 08331658core:Goodwill2022-12-31 08331658core:Goodwill2023-12-31 08331658core:Goodwill2023-01-012023-12-31 08331658core:PlantMachinery2022-12-31 08331658core:MotorVehicles2022-12-31 08331658core:FurnitureFittings2022-12-31 08331658core:ComputerEquipment2022-12-31 08331658core:PlantMachinery2023-12-31 08331658core:MotorVehicles2023-12-31 08331658core:FurnitureFittings2023-12-31 08331658core:ComputerEquipment2023-12-31 083316582022-01-012022-12-31 iso4217:GBP xbrli:pure
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
Page
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Mill Sales Direct Limited Company Information for the year ended 31 December 2023
Directors
J Noble M Petty
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
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Mill Sales Direct Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
6,000 
9,000 
Tangible assets
16,233 
20,379 
22,233 
29,379 
Current assets
Inventories
44,394 
43,927 
Debtors
86,920 
93,609 
Cash at bank and in hand
159,912 
112,715 
291,226 
250,251 
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 
Capital and reserves
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
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Mill Sales Direct Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
15,000 
At 31 December 2023
15,000 
Amortisation
At 1 January 2023
6,000 
Charge for the year
3,000 
At 31 December 2023
9,000 
Net book value
At 31 December 2023
6,000 
At 31 December 2022
9,000 
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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 
Depreciation
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 
Net book value
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 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
84,294 
88,977 
Other debtors
2,626 
4,632 
86,920 
93,609 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
11,403 
14,353 
Trade creditors
51,284 
41,067 
Taxes and social security
35,022 
24,103 
Other creditors
21 
499 
Loans from directors
4,555 
5,809 
Accruals
- 
1,050 
112,285 
96,881 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
14,220 
24,167 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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