Company Registration No. 10683957 (England and Wales)
Mill Town Kitchens & Interiors Limited
Unaudited accounts
for the year ended 31 March 2024
Mill Town Kitchens & Interiors Limited
Unaudited accounts
Contents
Mill Town Kitchens & Interiors Limited
Company Information
for the year ended 31 March 2024
Directors
Alice Fitton
David Fitton
Company Number
10683957 (England and Wales)
Registered Office
UNIT 1 ALMA WORKS
CAVENDISH STREET
ASHTON-UNDER-LYNE
OL6 7QL
ENGLAND
Accountants
TJ UK Accounting Ltd
132 Penrith Avenue
Ashton under Lyne
Lancashire
OL7 9JQ
Mill Town Kitchens & Interiors Limited
Statement of financial position
as at 31 March 2024
Tangible assets
41,209
35,321
Cash at bank and in hand
180,144
108,176
Creditors: amounts falling due within one year
(125,648)
(86,928)
Net current assets
102,842
70,083
Total assets less current liabilities
144,051
105,404
Creditors: amounts falling due after more than one year
(111,168)
(104,862)
Called up share capital
100
100
Profit and loss account
32,783
442
Shareholders' funds
32,883
542
For the year ending 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 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 of Directors and authorised for issue on 7 October 2024 and were signed on its behalf by
Alice Fitton
Director
Company Registration No. 10683957
Mill Town Kitchens & Interiors Limited
Notes to the Accounts
for the year ended 31 March 2024
Mill Town Kitchens & Interiors Limited is a private company, limited by shares, registered in England and Wales, registration number 10683957. The registered office is UNIT 1 ALMA WORKS, CAVENDISH STREET, ASHTON-UNDER-LYNE, OL6 7QL, ENGLAND.
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:
Plant & machinery
15% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
15% Reducing balance
Computer equipment
25% Reducing balance
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
25,469
7,500
30,231
2,788
65,988
Additions
1,867
-
11,973
-
13,840
At 31 March 2024
27,336
7,500
42,204
2,788
79,828
At 1 April 2023
15,240
3,809
10,921
697
30,667
Charge for the year
1,814
923
4,692
523
7,952
At 31 March 2024
17,054
4,732
15,613
1,220
38,619
At 31 March 2024
10,282
2,768
26,591
1,568
41,209
At 31 March 2023
10,229
3,691
19,310
2,091
35,321
Mill Town Kitchens & Interiors Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
3,303
2,418
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
64,700
50,028
Taxes and social security
5,131
6,213
Loans from directors
25,651
14,827
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
89,501
73,195
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).