Company Registration No. 09365517 (England and Wales)
Millwood Properties (1994) Limited
Unaudited accounts
for the year ended 31 December 2024
Millwood Properties (1994) Limited
Unaudited accounts
Contents
Millwood Properties (1994) Limited
Company Information
for the year ended 31 December 2024
Directors
Nicolino Pucacco
Jane Pucacco
Company Number
09365517 (England and Wales)
Registered Office
Ambleside, Mill Lane
Castor
Peterborough
Cambridgeshire
PE5 7BU
ENGLAND
Accountants
P&A Accountancy Services LLP
32 Thorpe Wood
Thorpe Wood Business Park
Peterborough
County (optional)
PE3 6SR
Millwood Properties (1994) Limited
Statement of financial position
as at 31 December 2024
Tangible assets
588,372
842,670
Cash at bank and in hand
22,534
63,931
Creditors: amounts falling due within one year
(30,774)
(18,331)
Net current assets
478,578
595,871
Total assets less current liabilities
1,066,950
1,438,541
Creditors: amounts falling due after more than one year
(682,815)
(830,958)
Net assets
384,135
607,583
Called up share capital
600,100
600,100
Revaluation reserve
206,017
257,021
Profit and loss account
(421,982)
(249,538)
Shareholders' funds
384,135
607,583
For the year ending 31 December 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 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 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 of Directors and authorised for issue on 6 March 2025 and were signed on its behalf by
Jane Pucacco
Director
Company Registration No. 09365517
Millwood Properties (1994) Limited
Notes to the Accounts
for the year ended 31 December 2024
Millwood Properties (1994) Limited is a private company, limited by shares, registered in England and Wales, registration number 09365517. The registered office is Ambleside, Mill Lane, Castor, Peterborough, Cambridgeshire, PE5 7BU, ENGLAND.
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:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
826,814
24,612
36,200
887,626
Revaluations
(51,004)
-
-
(51,004)
Disposals
(199,675)
-
-
(199,675)
At 31 December 2024
576,135
24,612
39,966
640,713
At 1 January 2024
-
19,583
25,373
44,956
Charge for the year
-
3,737
3,648
7,385
At 31 December 2024
-
23,320
29,021
52,341
At 31 December 2024
576,135
1,292
10,945
588,372
At 31 December 2023
826,814
5,029
10,827
842,670
Millwood Properties (1994) Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
50,118
15,321
Amounts falling due after more than one year
Other debtors
428,450
502,450
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
8,763
2,740
Taxes and social security
48
48
Other creditors
4,689
7,034
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
682,815
830,958
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).