Company Registration No. 09969213 (England and Wales)
Milvum Engineering Services Ltd
Unaudited accounts
for the year ended 31 January 2024
Milvum Engineering Services Ltd
Unaudited accounts
Contents
Milvum Engineering Services Ltd
Company Information
for the year ended 31 January 2024
Company Number
09969213 (England and Wales)
Registered Office
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
Accountants
Redwood Accountants
26 Martingale Grove
Arborfield Green
Reading
Berkshire
RG2 9HD
Milvum Engineering Services Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
7,906
8,072
Cash at bank and in hand
15,011
28,901
Creditors: amounts falling due within one year
(32,405)
(33,167)
Net current assets
16,404
27,558
Total assets less current liabilities
24,310
35,630
Creditors: amounts falling due after more than one year
(24,167)
(34,167)
Called up share capital
100
100
Profit and loss account
43
1,363
Shareholders' funds
143
1,463
For the year ending 31 January 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 2 October 2024 and were signed on its behalf by
Graham Kite
Director
Company Registration No. 09969213
Milvum Engineering Services Ltd
Notes to the Accounts
for the year ended 31 January 2024
Milvum Engineering Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 09969213. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
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.
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
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
7,743
13,994
21,737
At 31 January 2024
9,838
13,994
23,832
At 1 February 2023
4,257
9,408
13,665
Charge for the year
1,344
917
2,261
At 31 January 2024
5,601
10,325
15,926
At 31 January 2024
4,237
3,669
7,906
At 31 January 2023
3,486
4,586
8,072
Milvum Engineering Services Ltd
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
27,798
25,824
Accrued income and prepayments
6,000
6,000
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
15,526
8,192
Taxes and social security
9,043
16,488
Loans from directors
(534)
355
7
Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
(355)
14,892
14,003
534
Loans are provided interest free with no set repayment terms. Loan was repaid in full on 31 March 2024.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).