Mills & Co Property Ltd Filleted Accounts Cover
Mills & Co Property Ltd
Company No. 10666093
Information for Filing with The Registrar
31 March 2024
Mills & Co Property Ltd Directors Report Registrar
The Director presents her report and the accounts for the year ended 31 March 2024.
Principal activities
The principal activity of the company during the year under review was property letting and investment.
Director
The Director who served at any time during the year was as follows:
L. Allman
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
L. Allman
Director
24 September 2024
Mills & Co Property Ltd Balance Sheet Registrar
at
31 March 2024
Company No.
10666093
Notes
2024
2023
£
£
Fixed assets
Investment property
4
81,26581,265
81,26581,265
Current assets
Cash at bank and in hand
1,5875,005
1,5875,005
Creditors: Amount falling due within one year
5
(5,482)
(10,895)
Net current liabilities
(3,895)
(5,890)
Total assets less current liabilities
77,37075,375
Creditors: Amounts falling due after more than one year
6
(82,505)
(82,505)
Net liabilities
(5,135)
(7,130)
Capital and reserves
Called up share capital
11
Profit and loss account
8
(5,136)
(7,131)
Total equity
(5,135)
(7,130)
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 year ended 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 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 24 September 2024 and signed on its behalf by:
L. Allman
Director
24 September 2024
Mills & Co Property Ltd Notes to the Accounts Registrar
for the year ended 31 March 2024
1
General information
Mills & Co Property Ltd is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 10666093
Its registered office is:
Flat 14 Pineview Court
3 The Ridgeway
London
E4 6TL
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.
Freehold investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.
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 year was:
11
4
Investment property
Freehold Investment Property
£
Valuation
At 1 April 2023
81,265
At 31 March 2024
81,265
5
Creditors:
amounts falling due within one year
2024
2023
£
£
Loans from directors
4,74510,505
Accruals and deferred income
737390
5,48210,895
6
Creditors:
amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
82,50582,505
82,50582,505
7
Share Capital
1 ordinary share  of £1 each
8
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
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