Acorah Software Products - Accounts Production 16.0.110 false true true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 10576067 Mr Stuart Murgatroyd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10576067 2023-01-31 10576067 2024-01-31 10576067 2023-02-01 2024-01-31 10576067 frs-core:Non-currentFinancialInstruments 2024-01-31 10576067 frs-core:ComputerEquipment 2023-02-01 2024-01-31 10576067 frs-core:FurnitureFittings 2023-02-01 2024-01-31 10576067 frs-core:MotorVehicles 2023-02-01 2024-01-31 10576067 frs-core:PlantMachinery 2023-02-01 2024-01-31 10576067 frs-core:ShareCapital 2024-01-31 10576067 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 10576067 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 10576067 frs-bus:AbridgedAccounts 2023-02-01 2024-01-31 10576067 frs-bus:SmallEntities 2023-02-01 2024-01-31 10576067 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 10576067 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 10576067 frs-core:CostValuation 2023-01-31 10576067 frs-core:CostValuation 2024-01-31 10576067 frs-bus:Director1 2023-02-01 2024-01-31 10576067 frs-countries:EnglandWales 2023-02-01 2024-01-31 10576067 2022-01-31 10576067 2023-01-31 10576067 2022-02-01 2023-01-31 10576067 frs-core:Non-currentFinancialInstruments 2023-01-31 10576067 frs-core:ShareCapital 2023-01-31 10576067 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 10576067
Milima Networks Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 January 2024
Partner Accountancy Limited
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 10576067
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 10
Investments 5 21,400 21,400
21,400 21,410
CURRENT ASSETS
Debtors 3,280 6,210
Cash at bank and in hand 4,728 1,905
8,008 8,115
Creditors: Amounts Falling Due Within One Year (197,089 ) (197,180 )
NET CURRENT ASSETS (LIABILITIES) (189,081 ) (189,065 )
TOTAL ASSETS LESS CURRENT LIABILITIES (167,681 ) (167,655 )
Creditors: Amounts Falling Due After More Than One Year (43,406 ) (48,345 )
NET LIABILITIES (211,087 ) (216,000 )
CAPITAL AND RESERVES
Called up share capital 6 150 150
Profit and Loss Account (211,237 ) (216,150 )
SHAREHOLDERS' FUNDS (211,087) (216,000)
Page 1
Page 2
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Stuart Murgatroyd
Director
28 October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Milima Networks Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10576067 . The registered office is The Junction, Office 43, Charles Street, Horbury, WF4 5FH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The accounts have been prepared on a going concern basis, despite the fact that gross liabilities of the company exceed its assets at the balance sheet date. In arriving at this conclusion the company is reliant upon the continued support of the company's bankers and directors.

While the company remains subject to the same economic uncertainties confronting all businesses, the directors continually take steps to identify, manage and mitigate business risk. The results for the current financial year are showing substantial improvement and as such the basis of preparation is considered to be satisfactory.

2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33% SL
Motor Vehicles 20% RB
Fixtures & Fittings 25% RB
Computer Equipment 33% Straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Total
£
Cost
As at 1 February 2023 898
As at 31 January 2024 898
Depreciation
As at 1 February 2023 888
Provided during the period 10
As at 31 January 2024 898
Net Book Value
As at 31 January 2024 -
As at 1 February 2023 10
5. Investments
Total
£
Cost
As at 1 February 2023 21,400
As at 31 January 2024 21,400
Provision
As at 1 February 2023 -
As at 31 January 2024 -
Net Book Value
As at 31 January 2024 21,400
As at 1 February 2023 21,400
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 150 150
7. Related Party Transactions
We Are VDO LimitedA company under control of Stuart MurgatroydAt the year end a total in the sum of £1,130 (2023: Nil) was owed by We Are VDO Limited.

We Are VDO Limited

A company under control of Stuart Murgatroyd

At the year end a total in the sum of £1,130 (2023: Nil) was owed by We Are VDO Limited.

Appmi Global LimitedA company under control of Stuart MurgatroydAt the year end a total in the sum of £28,850 (2023: 34,730l) was owed to Appmi Global Limited.

Appmi Global Limited

A company under control of Stuart Murgatroyd

At the year end a total in the sum of £28,850 (2023: 34,730l) was owed to Appmi Global Limited.

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