Millcoast Ltd Filleted Accounts Cover
Millcoast Ltd
Company No. 04973091
Information for Filing with The Registrar
31 August 2024
Millcoast Ltd Directors Report Registrar
The Director presents his report and the accounts for the period ended 31 August 2024.
Principal activities
The principal activity of the company during the period under review was that of a design and print management services.
Director
The Director who served at any time during the period was as follows:
D.J. Pritchard
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
D.J. Pritchard
Director
23 September 2024
Millcoast Ltd Balance Sheet Registrar
at
31 August 2024
Company No.
04973091
Notes
2024
2023
£
£
Current assets
Debtors
4
13,07166,432
Cash at bank and in hand
1,6943,012
14,76569,444
Creditors: Amount falling due within one year
5
(14,149)
(62,318)
Net current assets
6167,126
Total assets less current liabilities
6167,126
Creditors: Amounts falling due after more than one year
6
-
(7,000)
Net assets
616126
Capital and reserves
Called up share capital
100100
Profit and loss account
7
51626
Total equity
616126
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the period ended 31 August 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 23 September 2024 and signed on its behalf by:
D.J. Pritchard
Director
23 September 2024
Millcoast Ltd Notes to the Accounts Registrar
for the period ended 31 August 2024
1
General information
Millcoast Ltd is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 04973091
Its registered office is:
Its trading address is:
Preston Court
1 Exford Cottages
Preston-on-Wye
Loxwood Road
Hereford
Tismans Common
Rudgwick
HR2 9JU
RH12 3DS
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the period:
22
4
Debtors
2024
2023
£
£
Trade debtors
-5,737
Corporation tax recoverable
13,07113,019
Loans to directors
-47,676
13,07166,432
5
Creditors:
amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
-41,419
Trade creditors
8164,392
Taxes and social security
5,275
13,388
Loans from directors
3,138-
Accruals and deferred income
4,9203,119
14,14962,318
6
Creditors:
amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
-7,000
-7,000
7
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
8
Dividends
2024
2023
£
£
Dividends for the period:
Dividends paid in the period
20,000
6,000
20,000
6,000
Dividends by type:
Equity dividends
20,0006,000
20,000
6,000
9
Advances and credits to directors
2024
£
At 1 April 2023
47,676
Amounts repaid in the period
47,676
At 31 August 2024
-
Millcoast Ltd0497309131 August 202401 April 2023false23 September 2024BTCSoftware AP Solution 2024 11.1.0211.1.02true049730912023-04-012024-08-31049730912024-08-31049730912023-03-3104973091core:WithinOneYear2024-08-3104973091core:WithinOneYear2023-03-3104973091core:AfterOneYear2024-08-3104973091core:AfterOneYear2023-03-3104973091core:ShareCapital2024-08-3104973091core:ShareCapital2023-03-3104973091core:RetainedEarningsAccumulatedLosses2024-08-3104973091core:RetainedEarningsAccumulatedLosses2023-03-3104973091countries:UnitedKingdom2023-04-012024-08-3104973091bus:RegisteredOffice2023-04-012024-08-31049730912022-04-012023-03-3104973091core:RetainedEarningsAccumulatedLosses2023-04-012024-08-3104973091bus:AllOrdinaryShares2023-04-012024-08-3104973091bus:Director12023-04-012024-08-3104973091bus:Director52023-04-012024-08-3104973091bus:Director102023-04-012024-08-31049730912023-04-0104973091bus:SmallEntities2023-04-012024-08-3104973091bus:FullAccounts2023-04-012024-08-3104973091bus:AuditExempt-NoAccountantsReport2023-04-012024-08-3104973091bus:PrivateLimitedCompanyLtd2023-04-012024-08-31iso4217:GBPxbrli:pure