Company Registration No. 08402488 (England and Wales)
MILEHAM SCIENCE LIMITED
Unaudited accounts
for the year ended 31 March 2024
MILEHAM SCIENCE LIMITED
Unaudited accounts
Contents
MILEHAM SCIENCE LIMITED
Company Information
for the year ended 31 March 2024
Company Number
08402488 (England and Wales)
Registered Office
SWANLAND LODGE WEST END
SWANLAND
NORTH FERRIBY
NORTH HUMBERSIDE
HU14 3PE
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors
Crown House, York Road
Shiptonthorpe
York
East Yorkshire
YO43 3PF
MILEHAM SCIENCE LIMITED
Statement of financial position
as at 31 March 2024
Investment property
187,760
187,760
Cash at bank and in hand
3,205
1,089
Creditors: amounts falling due within one year
(86,851)
(89,276)
Net current liabilities
(70,266)
(74,807)
Total assets less current liabilities
117,494
112,953
Creditors: amounts falling due after more than one year
(1,227)
(2,217)
Net assets
116,267
110,736
Called up share capital
100
100
Profit and loss account
116,167
110,636
Shareholders' funds
116,267
110,736
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 13 September 2024 and were signed on its behalf by
A Jospeh
Director
Company Registration No. 08402488
MILEHAM SCIENCE LIMITED
Notes to the Accounts
for the year ended 31 March 2024
MILEHAM SCIENCE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08402488. The registered office is SWANLAND LODGE WEST END, SWANLAND, NORTH FERRIBY, NORTH HUMBERSIDE, HU14 3PE.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
.
Fair value at 1 April 2023
187,760
The valuations provided by the director for the two investment properties total £200,000. After associated legal and professional fees in the event of disposal, the director believes the carrying values are not notably different to the net market values.
Amounts falling due after more than one year
Other debtors
13,380
13,380
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,000
1,000
Taxes and social security
1,632
1,574
Loans from directors
83,011
84,998
MILEHAM SCIENCE LIMITED
Notes to the Accounts
for the year ended 31 March 2024
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).