1 June 2023 false No description of principal activity Taxfiler 2024.7.1 06903752business:PrivateLimitedCompanyLtd2023-06-012024-05-31 069037522023-05-31 069037522023-06-012024-05-31 06903752business:AuditExemptWithAccountantsReport2023-06-012024-05-31 06903752business:FilletedAccounts2023-06-012024-05-31 069037522024-05-31 06903752business:Director12023-06-012024-05-31 06903752business:CompanySecretary12023-06-012024-05-31 06903752business:RegisteredOffice2023-06-012024-05-31 069037522023-05-31 06903752core:WithinOneYear2024-05-31 06903752core:WithinOneYear2023-05-31 06903752core:AfterOneYear2024-05-31 06903752core:AfterOneYear2023-05-31 06903752core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 06903752core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 06903752core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 06903752core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 06903752core:PreviouslyStatedAmount2024-05-31 06903752core:PreviouslyStatedAmount2023-05-31 06903752business:SmallEntities2023-06-012024-05-31 06903752countries:EnglandWales2023-06-012024-05-31 06903752core:ComputerEquipment2023-06-012024-05-31 06903752core:MotorVehicles2023-05-31 06903752core:FurnitureFittings2023-05-31 06903752core:ComputerEquipment2023-05-31 06903752core:MotorVehicles2023-06-012024-05-31 06903752core:FurnitureFittings2023-06-012024-05-31 06903752core:MotorVehicles2024-05-31 06903752core:FurnitureFittings2024-05-31 06903752core:ComputerEquipment2024-05-31 069037522022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 06903752 (England and Wales)
MIL35 LTD Unaudited accounts for the year ended 31 May 2024
MIL35 LTD Unaudited accounts Contents
Page
- 2 -
MIL35 LTD Company Information for the year ended 31 May 2024
Director
Q W Miles
Secretary
B M Miles
Company Number
06903752 (England and Wales)
Registered Office
60 CAER WENALLT CARDIFF SOUTH GLAMORGAN CF14 7HP
Accountants
williams lester accountants ltd 12 Cwrt Y Parc, Earlswood Road Llanishen Cardiff Cardiff CF14 5GH
- 3 -
MIL35 LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,409 
4,490 
Investments
1,067 
1,067 
6,476 
5,557 
Current assets
Debtors
19,472 
37,223 
Cash at bank and in hand
33,906 
11,248 
53,378 
48,471 
Creditors: amounts falling due within one year
(7,983)
(9,646)
Net current assets
45,395 
38,825 
Total assets less current liabilities
51,871 
44,382 
Creditors: amounts falling due after more than one year
(4,127)
(6,116)
Net assets
47,744 
38,266 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
47,644 
38,166 
Shareholders' funds
47,744 
38,266 
For the year ending 31 May 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 28 February 2025 and were signed on its behalf by
Q W Miles Director Company Registration No. 06903752
- 4 -
MIL35 LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
MIL35 LTD is a private company, limited by shares, registered in England and Wales, registration number 06903752. The registered office is 60 CAER WENALLT, CARDIFF, SOUTH GLAMORGAN, CF14 7HP.
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.
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:
Computer equipment
33% straight line
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
9,850 
300 
5,127 
15,277 
Additions
- 
135 
1,924 
2,059 
At 31 May 2024
9,850 
435 
7,051 
17,336 
Depreciation
At 1 June 2023
5,816 
146 
4,825 
10,787 
Charge for the year
807 
31 
302 
1,140 
At 31 May 2024
6,623 
177 
5,127 
11,927 
Net book value
At 31 May 2024
3,227 
258 
1,924 
5,409 
At 31 May 2023
4,034 
154 
302 
4,490 
5
Investments
Other investments 
£ 
Valuation at 1 June 2023
1,067 
Valuation at 31 May 2024
1,067 
- 5 -
MIL35 LTD Notes to the Accounts for the year ended 31 May 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
19,472 
37,223 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,359 
401 
Taxes and social security
2,176 
2,698 
Loans from directors
2,924 
5,059 
Accruals
1,524 
1,488 
7,983 
9,646 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,127 
6,116 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -