Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 15 November 2021 false 1 December 2022 30 November 2023 30 November 2023 13743327 Dr Linnea Mills Mr Nigel Mills iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13743327 2022-11-30 13743327 2023-11-30 13743327 2022-12-01 2023-11-30 13743327 frs-core:CurrentFinancialInstruments 2023-11-30 13743327 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 13743327 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 13743327 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-30 13743327 frs-core:PlantMachinery 2023-11-30 13743327 frs-core:PlantMachinery 2022-12-01 2023-11-30 13743327 frs-core:PlantMachinery 2022-11-30 13743327 frs-core:ShareCapital 2023-11-30 13743327 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 13743327 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13743327 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 13743327 frs-bus:SmallEntities 2022-12-01 2023-11-30 13743327 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 13743327 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 13743327 frs-bus:Director1 2022-12-01 2023-11-30 13743327 frs-bus:Director2 2022-12-01 2023-11-30 13743327 frs-countries:EnglandWales 2022-12-01 2023-11-30 13743327 2021-11-14 13743327 2022-11-30 13743327 2021-11-15 2022-11-30 13743327 frs-core:CurrentFinancialInstruments 2022-11-30 13743327 frs-core:ShareCapital 2022-11-30 13743327 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 13743327
Mills Luxury Cottages Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
Lemmer and Company
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13743327
30 November 2023 30 November 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 471,132 469,376
471,132 469,376
CURRENT ASSETS
Cash at bank and in hand 928 97
928 97
Creditors: Amounts Falling Due Within One Year 5 (506,666 ) (502,751 )
NET CURRENT ASSETS (LIABILITIES) (505,738 ) (502,654 )
TOTAL ASSETS LESS CURRENT LIABILITIES (34,606 ) (33,278 )
NET LIABILITIES (34,606 ) (33,278 )
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account (34,608 ) (33,280 )
SHAREHOLDERS' FUNDS (34,606) (33,278)
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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Linnea Mills
Director
7 September 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Mills Luxury Cottages Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13743327 . The registered office is Langthwaite Hall, Casterton, Carnforth, LA6 2NH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0%
Plant & Machinery 20%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 December 2022 455,771 17,006 472,777
Additions - 5,597 5,597
As at 30 November 2023 455,771 22,603 478,374
Depreciation
As at 1 December 2022 - 3,401 3,401
Provided during the period - 3,841 3,841
As at 30 November 2023 - 7,242 7,242
Net Book Value
As at 30 November 2023 455,771 15,361 471,132
As at 1 December 2022 455,771 13,605 469,376
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
30 November 2023 30 November 2022
£ £
Trade creditors 173,127 173,080
Directors' loan accounts 333,539 329,671
506,666 502,751
6. Share Capital
30 November 2023 30 November 2022
£ £
Allotted, Called up and fully paid 2 2
Page 3