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REGISTERED NUMBER: SC376043 (Scotland)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Milne Environmental Ltd

Milne Environmental Ltd (Registered number: SC376043)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Balance Sheet 1

Accountants' Report 3

Milne Environmental Ltd (Registered number: SC376043)

Balance Sheet
31 May 2024

31.5.24 31.5.23
£    £   
FIXED ASSETS 155,244 172,037

CURRENT ASSETS 68,668 57,998

CREDITORS
Amounts falling due within one
year

(79,872

)

(13,788

)
NET CURRENT (LIABILITIES)/ASSETS (11,204 ) 44,210
TOTAL ASSETS LESS CURRENT
LIABILITIES

144,040

216,247

CREDITORS
Amounts falling due after more
than one year

(33,392

)

(75,807

)
NET ASSETS 110,648 140,440

CAPITAL AND RESERVES 110,648 140,440

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Milne Environmental Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC376043

Registered office: Victoria House
13 Victoria Street
ABERDEEN
AB10 1XB

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2023 - 2 ) .

3. OTHER FINANCIAL COMMITMENTS

The company had bank loans totalling £75,807 (2022: £115,841 which are secured by a floating charge created on 1 November 2012 in favour of HSBC Bank PLC.



Milne Environmental Ltd (Registered number: SC376043)

Balance Sheet - continued
31 May 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by:




F J Milne - Director



Mrs C J Milne - Director


Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Milne Environmental Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Milne Environmental Ltd for the year ended 31 May 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Milne Environmental Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Milne Environmental Ltd and state those matters that we have agreed to state to the Board of Directors of Milne Environmental Ltd, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Milne Environmental Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Milne Environmental Ltd. You consider that Milne Environmental Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Milne Environmental Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://www.ifa.org.uk/about-us/publicinterest/memberregulations.






Atholl Scott
Victoria House
13 Victoria Street
ABERDEEN
AB10 1XB


25 November 2024