2023-07-01 12637098 2024-06-30 12637098 2023-07-01 2024-06-30 12637098 2023-06-30 12637098 2022-07-01 2023-06-30 12637098 uk-core:WithinOneYear 2023-06-30 12637098 uk-core:WithinOneYear 2024-06-30 12637098 uk-core:ShareCapital 2024-06-30 12637098 uk-core:ShareCapital 2023-06-30 12637098 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 12637098 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 12637098 uk-bus:Director1 2023-07-01 2024-06-30 12637098 uk-core:PlantMachinery 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure 12637098 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 12637098 uk-bus:FRS102 2023-07-01 2024-06-30 12637098 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 12637098 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
Milk And Hustle Ltd
Registered Number:12637098
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2024
Milk And Hustle Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12637098
As at 30 June 2024
Milk And Hustle Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
1,792
5,405
2
1,792
5,405
Current assets
Inventories
1,000
500
3
Trade and other receivables
385
385
4
10,921
Cash and cash equivalents
842
1,727
12,306
Trade and other payables: amounts falling due within one
year
(9,841)
(10,040)
5
2,465
(8,313)
Net current liabilities
Total assets less current liabilities
(6,521)
7,870
(6,521)
Net assets/liabilities
7,870
Capital and reserves
Called up share capital
1
1
Retained earnings
(6,522)
7,869
(6,521)
7,870
Shareholders' funds
For the year ended 30 June 2024 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Miss Nicola Jayne Haugh Director
These financial statements were approved and authorised for issue by the Board on 30 August 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2024
Milk And Hustle Ltd
Notes to the Financial Statements
Statutory Information
Milk And Hustle Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 12637098.
Registered address:
Flat 1
85 Pevensey Road
St. Leonards-On-Sea
East Sussex
TN38 0LR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25 Reducing balance
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 July 2023
10,374
Disposals
(7,195)
At 30 June 2024
3,179
Provision for depreciation and impairment
At 01 July 2023
4,969
Charge for year
577
(4,159)
On disposal
At 30 June 2024
1,387
At 30 June 2024
Net book value
1,792
At 30 June 2023
5,405
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5
For the year ended 30 June 2024
Milk And Hustle Ltd
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
500
1,000
4. Trade and other receivables
2023
2024
£
£
Amounts owed by group undertakings and participating interests
385
385
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
-
2,731
Other creditors
10,040
7,110
10,040
9,841
6. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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