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REGISTERED NUMBER: 12746626 (England and Wales)


Financial Statements for the Year Ended 30 June 2024

for

SR Milverton Ltd

SR Milverton Ltd (Registered number: 12746626)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SR Milverton Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr Sukhjit Singh
Mr Resham Singh





REGISTERED OFFICE: Bridge House, 9-13 Holbrook Lane
Coventry
United Kingdom
CV6 4AD





REGISTERED NUMBER: 12746626 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

SR Milverton Ltd (Registered number: 12746626)

Statement of Financial Position
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 74,587 86,062
Property, plant and equipment 5 25,568 26,680
100,155 112,742

CURRENT ASSETS
Inventories 25,650 23,950
Debtors 6 221,562 113,162
Cash at bank and in hand 154,685 15,951
401,897 153,063
CREDITORS
Amounts falling due within one year 7 94,607 87,099
NET CURRENT ASSETS 307,290 65,964
TOTAL ASSETS LESS CURRENT
LIABILITIES

407,445

178,706

CREDITORS
Amounts falling due after more than one
year

8

325,844

114,750
NET ASSETS 81,601 63,956

CAPITAL AND RESERVES
Called up share capital 9 200 200
Retained earnings 81,401 63,756
SHAREHOLDERS' FUNDS 81,601 63,956

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SR Milverton Ltd (Registered number: 12746626)

Statement of Financial Position - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 March 2025 and were signed on its behalf by:





Mr Resham Singh - Director


SR Milverton Ltd (Registered number: 12746626)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

SR Milverton Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 114,750
AMORTISATION
At 1 July 2023 28,688
Charge for year 11,475
At 30 June 2024 40,163
NET BOOK VALUE
At 30 June 2024 74,587
At 30 June 2023 86,062

SR Milverton Ltd (Registered number: 12746626)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 July 2023 36,073
Additions 3,400
At 30 June 2024 39,473
DEPRECIATION
At 1 July 2023 9,393
Charge for year 4,512
At 30 June 2024 13,905
NET BOOK VALUE
At 30 June 2024 25,568
At 30 June 2023 26,680

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 221,562 113,162

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 7,213 8,613
Trade creditors - 5,380
Taxation and social security 68,577 28,969
Other creditors 18,817 44,137
94,607 87,099

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 211,094 -
Other creditors 114,750 114,750
325,844 114,750

SR Milverton Ltd (Registered number: 12746626)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
200 Ordinary 1 200 200