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REGISTERED NUMBER: 12496343 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

MILPERTHUSKY LIMITED

MILPERTHUSKY LIMITED (REGISTERED NUMBER: 12496343)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MILPERTHUSKY LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: A Wallman





REGISTERED OFFICE: 3rd Floor The Lexicon
Mount Street
Manchester
United Kingdom
M2 5NT





REGISTERED NUMBER: 12496343 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
3rd Floor
St George's House
56 Peter Street
Manchester
M2 3NQ

MILPERTHUSKY LIMITED (REGISTERED NUMBER: 12496343)

Balance Sheet
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 150,000 175,000
Tangible assets 5 2,299 3,227
152,299 178,227

CURRENT ASSETS
Debtors 6 11,049 10,662
Cash at bank 4,897 4,956
15,946 15,618
CREDITORS
Amounts falling due within one year 7 22,367 35,331
NET CURRENT LIABILITIES (6,421 ) (19,713 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

145,878

158,514

PROVISIONS FOR LIABILITIES 335 807
NET ASSETS 145,543 157,707

RESERVES
Share premium 100 100
Retained earnings 145,443 157,607
145,543 157,707

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

MILPERTHUSKY LIMITED (REGISTERED NUMBER: 12496343)

Balance Sheet - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2024 and were signed by:





A Wallman - Director


MILPERTHUSKY LIMITED (REGISTERED NUMBER: 12496343)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Milperthusky Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Goodwill is amortised at 10% on cost.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Biological assets - 10% on cost
Office equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


MILPERTHUSKY LIMITED (REGISTERED NUMBER: 12496343)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 250,000
AMORTISATION
At 1 April 2023 75,000
Amortisation for year 25,000
At 31 March 2024 100,000
NET BOOK VALUE
At 31 March 2024 150,000
At 31 March 2023 175,000

MILPERTHUSKY LIMITED (REGISTERED NUMBER: 12496343)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. TANGIBLE FIXED ASSETS
Biological Office
assets equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 1,200 3,230 4,430
DEPRECIATION
At 1 April 2023 120 1,083 1,203
Charge for year 120 808 928
At 31 March 2024 240 1,891 2,131
NET BOOK VALUE
At 31 March 2024 960 1,339 2,299
At 31 March 2023 1,080 2,147 3,227

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 10,917 10,095
Other debtors 132 567
11,049 10,662

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,350 3,183
Taxation and social security 13,254 12,111
Other creditors 7,763 20,037
22,367 35,331

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed the director £5,219 (2023 £17,825). This amount is repayable on demand, does not draw interest and is included within other creditors.