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Company Registration No. 09549622 (England and Wales)
John Sheridan Miller Ltd Unaudited accounts for the year ended 31 March 2024
John Sheridan Miller Ltd Unaudited accounts Contents
Page
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John Sheridan Miller Ltd Company Information for the year ended 31 March 2024
Director
J S Miller
Company Number
09549622 (England and Wales)
Registered Office
Trewince Farmhouse Trewince Lane Grampound Road Cornwall TR2 4DX
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John Sheridan Miller Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
6,050 
6,600 
Tangible assets
1,430 
1,818 
7,480 
8,418 
Current assets
Debtors
450 
200 
Cash at bank and in hand
4,672 
4,921 
5,122 
5,121 
Creditors: amounts falling due within one year
20,990 
6,274 
Net current assets
26,112 
11,395 
Total assets less current liabilities
33,592 
19,813 
Provisions for liabilities
Deferred tax
(288)
(345)
Net assets
33,304 
19,468 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
33,303 
19,467 
Shareholders' funds
33,304 
19,468 
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 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 27 December 2024 and were signed on its behalf by
J S Miller Director Company Registration No. 09549622
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John Sheridan Miller Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
John Sheridan Miller Ltd is a private company, limited by shares, registered in England and Wales, registration number 09549622. The registered office is Trewince Farmhouse, Trewince Lane, Grampound Road, Cornwall, TR2 4DX.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
20% reducing balance basis
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John Sheridan Miller Ltd Notes to the Accounts for the year ended 31 March 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
11,000 
At 31 March 2024
11,000 
Amortisation
At 1 April 2023
4,400 
Charge for the year
550 
At 31 March 2024
4,950 
Net book value
At 31 March 2024
6,050 
At 31 March 2023
6,600 
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
6,129 
At 31 March 2024
6,129 
Depreciation
At 1 April 2023
4,311 
Charge for the year
388 
At 31 March 2024
4,699 
Net book value
At 31 March 2024
1,430 
At 31 March 2023
1,818 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
450 
200 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
5,327 
1,305 
Loans from directors
(26,567)
(7,829)
Accruals
250 
250 
(20,990)
(6,274)
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John Sheridan Miller Ltd Notes to the Accounts for the year ended 31 March 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
J S Miller
Director loan account
(7,829)
9,481 
28,219 
(26,567)
(7,829)
9,481 
28,219 
(26,567)
Interest is charged on the director loan at the official rate.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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