Company Registration No. 06427437 (England and Wales)
Philo Mills Limited
Unaudited accounts
for the year ended 30 November 2023
Philo Mills Limited
Unaudited accounts
Contents
Philo Mills Limited
Company Information
for the year ended 30 November 2023
Director
Christopher Max Abbott
Company Number
06427437 (England and Wales)
Registered Office
2b High Street
Ruddington
Nottingham
Nottinghamshire
NG11 6EH
England
Philo Mills Limited
Statement of financial position
as at 30 November 2023
Tangible assets
38,207
42,933
Cash at bank and in hand
6,650
19,895
Creditors: amounts falling due within one year
(9,447)
(18,162)
Net current assets
21,728
26,936
Called up share capital
100
100
Profit and loss account
59,835
69,769
Shareholders' funds
59,935
69,869
For the year ending 30 November 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 31 August 2024 and were signed on its behalf by
Christopher Max Abbott
Director
Company Registration No. 06427437
Philo Mills Limited
Notes to the Accounts
for the year ended 30 November 2023
Philo Mills Limited is a private company, limited by shares, registered in England and Wales, registration number 06427437. The registered office is 2b High Street, Ruddington, Nottingham, Nottinghamshire, NG11 6EH, 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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
10,533
183,168
15,364
209,065
At 30 November 2023
10,533
183,168
15,364
209,065
At 1 December 2022
-
150,882
15,250
166,132
Charge for the year
-
4,612
114
4,726
At 30 November 2023
-
155,494
15,364
170,858
At 30 November 2023
10,533
27,674
-
38,207
At 30 November 2022
10,533
32,286
114
42,933
Amounts falling due within one year
Philo Mills Limited
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
3,863
4,983
Taxes and social security
5,584
13,179
7
Average number of employees
During the year the average number of employees was 14 (2022: 14).