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REGISTERED NUMBER: 07044763 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2024

for

Millbak Limited

Millbak Limited (Registered number: 07044763)






Contents of the Financial Statements
for the year ended 28 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Millbak Limited

Company Information
for the year ended 28 February 2024







DIRECTOR: S A Gibbons





REGISTERED OFFICE: 220 The Vale
London
NW11 8SR





REGISTERED NUMBER: 07044763 (England and Wales)





ACCOUNTANTS: J C Associates
Chartered Certified Accountants
& Chartered Accountants
29 The Avenue
Harrow
HA3 7DB

Millbak Limited (Registered number: 07044763)

Balance Sheet
28 February 2024

28.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,219 4,292

CURRENT ASSETS
Debtors 5 365,478 357,900
Cash at bank 372 142
365,850 358,042
CREDITORS
Amounts falling due within one year 6 249,700 227,495
NET CURRENT ASSETS 116,150 130,547
TOTAL ASSETS LESS CURRENT
LIABILITIES

119,369

134,839

CREDITORS
Amounts falling due after more than one year 7 7,356 7,356
NET ASSETS 112,013 127,483

CAPITAL AND RESERVES
Called up share capital 8 161,990 161,990
Retained earnings 9 (49,977 ) (34,507 )
SHAREHOLDERS' FUNDS 112,013 127,483

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Millbak Limited (Registered number: 07044763)

Balance Sheet - continued
28 February 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





S A Gibbons - Director


Millbak Limited (Registered number: 07044763)

Notes to the Financial Statements
for the year ended 28 February 2024

1. STATUTORY INFORMATION

Millbak Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 March 2023
and 28 February 2024 11,185 25,749 36,934
DEPRECIATION
At 1 March 2023 6,893 25,749 32,642
Charge for year 1,073 - 1,073
At 28 February 2024 7,966 25,749 33,715
NET BOOK VALUE
At 28 February 2024 3,219 - 3,219
At 28 February 2023 4,292 - 4,292

Millbak Limited (Registered number: 07044763)

Notes to the Financial Statements - continued
for the year ended 28 February 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade debtors (203 ) (203 )
Other debtors 365,681 358,103
365,478 357,900

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade creditors 19,368 19,369
Taxation and social security 9,506 -
Other creditors 220,826 208,126
249,700 227,495

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.24 28.2.23
£    £   
Taxation and social security 7,356 7,356

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.24 28.2.23
value: £    £   
161,990 Ordinary £1 161,990 161,990

9. RESERVES
Retained
earnings
£   

At 1 March 2023 (34,507 )
Deficit for the year (15,470 )
At 28 February 2024 (49,977 )