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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
Page
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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
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Philo Mills Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
38,207 
42,933 
Current assets
Inventories
17,361 
18,247 
Debtors
7,164 
6,956 
Cash at bank and in hand
6,650 
19,895 
31,175 
45,098 
Creditors: amounts falling due within one year
(9,447)
(18,162)
Net current assets
21,728 
26,936 
Net assets
59,935 
69,869 
Capital and reserves
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
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Philo Mills Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
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:
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 
Depreciation
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 
Net book value
At 30 November 2023
10,533 
27,674 
- 
38,207 
At 30 November 2022
10,533 
32,286 
114 
42,933 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,164 
6,956 
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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 
9,447 
18,162 
7
Average number of employees
During the year the average number of employees was 14 (2022: 14).
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