W MILLER TRADING LIMITED

Company Registration Number:
SC522518 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

W MILLER TRADING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

W MILLER TRADING LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 684 912
Investments: 4 62,042 26,042
Total fixed assets: 62,726 26,954
Current assets
Stocks: 197,836 80,157
Cash at bank and in hand: 7,237 136,252
Total current assets: 205,073 216,409
Creditors: amounts falling due within one year: 5 (139,186) (113,739)
Net current assets (liabilities): 65,887 102,670
Total assets less current liabilities: 128,613 129,624
Creditors: amounts falling due after more than one year: 6 (14,167) (24,167)
Total net assets (liabilities): 114,446 105,457
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 114,346 105,357
Shareholders funds: 114,446 105,457

The notes form part of these financial statements

W MILLER TRADING LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 September 2024
and signed on behalf of the board by:

Name: W MILLER
Status: Director

The notes form part of these financial statements

W MILLER TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable , excluding discounts , rebates ,value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life . Plant & machinery etc -25% on reducing balance

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value .

W MILLER TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

W MILLER TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 2,161
At 31 December 2023 2,161
Depreciation
At 01 January 2023 1,249
Charge for year 228
At 31 December 2023 1,477
Net book value
At 31 December 2023 684
At 31 December 2022 912

W MILLER TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Fixed investments

The company has invested in plant & machinery with a view to realising a profit on the eventual disposal at a future date .

W MILLER TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

The amount due of £139186 is made up as follows : Bank Loans £10000 Amounts owed to Associates £47000 Taxation & social security £12103 Other creditors £70083

W MILLER TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

The amount of £14167 refers to bank loans .