Company Registration No. 10780702 (England and Wales)
MILANO D&D LTD
Unaudited accounts
for the year ended 31 May 2024
MILANO D&D LTD
Company Information
for the year ended 31 May 2024
Company Number
10780702 (England and Wales)
Registered Office
28 BRIDGE STREET
CHEPSTOW
NP16 5EZ
WALES
Accountants
AL Accounting Solutions Limited
Chartered Certified Accountants
21A Brighton Road
South Croydon
Croydon
CR2 6EA
MILANO D&D LTD
Statement of financial position
as at 31 May 2024
Tangible assets
55,105
60,867
Cash at bank and in hand
113,246
52,036
Creditors: amounts falling due within one year
(83,247)
(54,430)
Net current assets
48,374
16,076
Total assets less current liabilities
103,479
76,943
Creditors: amounts falling due after more than one year
(17,341)
(27,982)
Called up share capital
15,000
15,000
Profit and loss account
71,138
33,961
Shareholders' funds
86,138
48,961
For the year ending 31 May 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 17 September 2024 and were signed on its behalf by
Besmir Rrokomani
Director
Company Registration No. 10780702
MILANO D&D LTD
Notes to the Accounts
for the year ended 31 May 2024
MILANO D&D LTD is a private company, limited by shares, registered in England and Wales, registration number 10780702. The registered office is 28 BRIDGE STREET, CHEPSTOW, NP16 5EZ, WALES.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2023
94,079
10,453
104,532
At 31 May 2024
102,084
10,453
112,537
At 1 June 2023
41,574
2,091
43,665
Charge for the year
12,095
1,672
13,767
At 31 May 2024
53,669
3,763
57,432
At 31 May 2024
48,415
6,690
55,105
At 31 May 2023
52,505
8,362
60,867
Amounts falling due within one year
MILANO D&D LTD
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
26,527
22,210
Loans from directors
30,581
-
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 22 (2023: 22).