MILDGARD LTD

Company Registration Number:
11990735 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

MILDGARD LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MILDGARD LTD

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 6,790,340 6,360,140
Cost of sales: ( 5,378,216 ) ( 5,075,864 )
Gross profit(or loss): 1,412,124 1,284,276
Distribution costs: ( 692,310 ) ( 572,418 )
Administrative expenses: ( 543,580 ) ( 584,412 )
Operating profit(or loss): 176,234 127,446
Profit(or loss) before tax: 176,234 127,446
Tax: ( 33,484 ) ( 24,214 )
Profit(or loss) for the financial year: 142,750 103,232

MILDGARD LTD

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets: 3 28,400 28,400
Tangible assets: 4 312,200 292,620
Total fixed assets: 340,600 321,020
Current assets
Cash at bank and in hand: 169,520 128,460
Total current assets: 169,520 128,460
Net current assets (liabilities): 169,520 128,460
Total assets less current liabilities: 510,120 449,480
Creditors: amounts falling due after more than one year: 5 ( 164,282 ) ( 123,412 )
Total net assets (liabilities): 345,838 326,068
Capital and reserves
Called up share capital: 40,000 40,000
Other reserves: 129,604 158,622
Profit and loss account: 176,234 127,446
Total Shareholders' funds: 345,838 326,068

The notes form part of these financial statements

MILDGARD LTD

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 20 January 2025
and signed on behalf of the board by:

Name: Robert Anderson
Status: Director

The notes form part of these financial statements

MILDGARD LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MILDGARD LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 22 20

MILDGARD LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 June 2023 28,400 28,400
Additions
Disposals
Revaluations
Transfers
At 31 May 2024 28,400 28,400
Amortisation
At 1 June 2023 0 0
Charge for year
On disposals
Other adjustments
At 31 May 2024 0 0
Net book value
At 31 May 2024 28,400 28,400
At 31 May 2023 28,400 28,400

MILDGARD LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 292,620 292,620
Additions 19,580 19,580
Disposals
Revaluations
Transfers
At 31 May 2024 312,200 312,200
Depreciation
At 1 June 2023 0 0
Charge for year
On disposals
Other adjustments
At 31 May 2024 0 0
Net book value
At 31 May 2024 312,200 312,200
At 31 May 2023 292,620 292,620

MILDGARD LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 164,282 123,412
Total 164,282 123,412