Company Registration No. 06903752 (England and Wales)
MIL35 LTD
Unaudited accounts
for the year ended 31 May 2024
MIL35 LTD
Unaudited accounts
Contents
MIL35 LTD
Company Information
for the year ended 31 May 2024
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
MIL35 LTD
Statement of financial position
as at 31 May 2024
Tangible assets
5,409
4,490
Cash at bank and in hand
33,906
11,248
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)
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
MIL35 LTD
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
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
MIL35 LTD
Notes to the Accounts
for the year ended 31 May 2024
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
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).