Company Registration No. 10742042 (England and Wales)
MACMILLAN BROWNE LIMITED
Unaudited accounts
for the year ended 30 April 2024
MACMILLAN BROWNE LIMITED
Unaudited accounts
Contents
MACMILLAN BROWNE LIMITED
Company Information
for the year ended 30 April 2024
Company Number
10742042 (England and Wales)
Registered Office
127 Raphael Drive
Shoeburyness, Southend On Sea
Essex
SS3 9UR
United Kingdom
Accountants
SilverstoneBKS Limited
127 Raphael Drive
Shoeburyness
Southend on Sea
Essex
SS3 9UR
MACMILLAN BROWNE LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
1,324
2,650
Cash at bank and in hand
291
950
Creditors: amounts falling due within one year
(8,266)
(5,232)
Net current liabilities
(7,975)
(5,232)
Total assets less current liabilities
(6,651)
(2,582)
Creditors: amounts falling due after more than one year
(2,944)
(4,876)
Net liabilities
(9,595)
(7,458)
Called up share capital
10
10
Profit and loss account
(9,605)
(7,468)
Shareholders' funds
(9,595)
(7,458)
For the year ending 30 April 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 his 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 1 October 2024 and were signed on its behalf by
Mr Edward Sweet
Director
Company Registration No. 10742042
MACMILLAN BROWNE LIMITED
Notes to the Accounts
for the year ended 30 April 2024
MACMILLAN BROWNE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10742042. The registered office is 127 Raphael Drive, Shoeburyness, Southend On Sea , Essex , SS3 9UR , United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% straight line
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The accounts have been prepared on the going concern basis which assumes the continued support of the director and shareholder. The director has confirmed that this support will continue and believes that no adjustments relating to the company's ability to continue as a going concern need to be made to these financial statements.
MACMILLAN BROWNE LIMITED
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2023
4,695
607
5,302
At 30 April 2024
4,695
607
5,302
At 1 May 2023
2,348
304
2,652
Charge for the year
1,174
152
1,326
At 30 April 2024
3,522
456
3,978
At 30 April 2024
1,173
151
1,324
At 30 April 2023
2,347
303
2,650
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,857
1,894
Loans from directors
5,859
2,938
7
Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Funds withdrawn from company
(2,938)
2,694
5,615
(5,859)
(2,938)
2,694
5,615
(5,859)
Reimbursements to director £2,921 paid by limited company during the year to 30th April 2024.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).