Millhouse Epsom Limited 11288390 true 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is property management. Digita Accounts Production Advanced 6.30.9574.0 true I MacRae true 11288390 2023-05-01 2024-04-30 11288390 2024-04-30 11288390 bus:OrdinaryShareClass1 2024-04-30 11288390 core:RetainedEarningsAccumulatedLosses 2024-04-30 11288390 core:ShareCapital 2024-04-30 11288390 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 11288390 bus:FRS102 2023-05-01 2024-04-30 11288390 bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 11288390 bus:FullAccounts 2023-05-01 2024-04-30 11288390 bus:RegisteredOffice 2023-05-01 2024-04-30 11288390 bus:Director1 2023-05-01 2024-04-30 11288390 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 11288390 bus:EntityNoLongerTradingButTradedInPast 2023-05-01 2024-04-30 11288390 bus:Consolidated 2023-05-01 2024-04-30 11288390 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11288390 countries:EnglandWales 2023-05-01 2024-04-30 11288390 2022-05-01 2023-04-30 11288390 2023-04-30 11288390 bus:OrdinaryShareClass1 2023-04-30 11288390 core:RetainedEarningsAccumulatedLosses 2023-04-30 11288390 core:ShareCapital 2023-04-30 11288390 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11288390

Millhouse Epsom Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2024

 

Millhouse Epsom Limited

Profit and Loss Account for the Year Ended 30 April 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Millhouse Epsom Limited

(Registration number: 11288390)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

6,941

6,941

Creditors: Amounts falling due within one year

5

(702,749)

(702,749)

Net liabilities

 

(695,808)

(695,808)

Capital and reserves

 

Called up share capital

6

100

100

Retained earnings

(695,908)

(695,908)

Shareholders' deficit

 

(695,808)

(695,808)

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 27 January 2025
 


I MacRae
Director

 

Millhouse Epsom Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
108a Panorama Road
Poole
BH13 7RG

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Judgements

No significant judgements have been made by management in preparing these financial statements.

Key sources of estimation uncertainty

No key sources of estimation uncertainty have been identified by management in preparing these financial statements other than those detailed in these accounting policies..

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and all are repayable within one year and hence are included at the undiscounted amount of cash expected to be paid.

 

Millhouse Epsom Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Cash and cash equivalents

2024
£

2023
£

Cash at bank

6,941

6,941

5

Creditors

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

61,949

61,949

Other payables

 

640,800

640,800

 

702,749

702,749

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

100

100

100

100