05580256falsethe operation and hire of mechanical excavators2023-10-012024-09-30http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-09-30http://www.companieshouse.gov.uk/cd:Director12023-10-012024-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2024-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-10-012024-09-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-10-012024-09-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-10-012024-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-09-30http://www.companieshouse.gov.uk/2023-10-012024-09-30http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/cd:FRS1022023-10-012024-09-30http://www.companieshouse.gov.uk/2024-09-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-10-012024-09-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-10-012024-09-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05580256

R Mills, Daughter & Son Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/09/2024

Prepared By:
Greenhalgh Johnson Ltd
Accountants & Tax Advisers
Elland House
22 High Street
Burgh le Marsh
Lincolnshire
PE24 5JT

R Mills, Daughter & Son Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/09/2024
DIRECTORS
Robert Mills
REGISTERED OFFICE
2 Garreglwyd Road
Holyhead
Anglesey
LL65 1TH
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05580256
BANKERS
HSBC
ACCOUNTANTS
Greenhalgh Johnson Ltd
Accountants & Tax Advisers
Elland House
22 High Street
Burgh le Marsh
Lincolnshire
PE24 5JT

R Mills, Daughter & Son Ltd

ACCOUNTS
FOR THEYEARENDED30/09/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

R Mills, Daughter & Son Ltd

BALANCE SHEET AT 30/09/2024
20242023
Notes££
FIXED ASSETS
Tangible assets262,97176,689
CURRENT ASSETS
Stock2,5002,000
Debtors498,311143,093
Cash at bank and in hand17,770-
118,581145,093
CREDITORS: Amounts falling due within one year567,91179,416
NET CURRENT ASSETS50,67065,677
TOTAL ASSETS LESS CURRENT LIABILITIES113,641142,366
CREDITORS: Amounts falling due after more than one year669,81369,392
PROVISIONS FOR LIABILITIES AND CHARGES811,96414,571
NET ASSETS31,86458,403
CAPITAL AND RESERVES
Called up share capital933
Profit and loss account31,86158,400
SHAREHOLDERS' FUNDS31,86458,403
For the year ending 30/09/2024 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 22/04/2025 and signed on their behalf by
.............................
Robert Mills
Director

R Mills, Daughter & Son Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/09/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant And Machineryreducing balance25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Government Grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant is deferred, it is recognised as deferred income.

R Mills, Daughter & Son Ltd

1f. Leasing Commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.
1g.
2. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 01/10/2023221,478221,478
Additions22,42722,427
Disposals(67,972)(67,972)
At 30/09/2024175,933175,933
Depreciation
At 01/10/2023144,789144,789
Disposals(52,827)(52,827)
For the year21,00021,000
At 30/09/2024112,962112,962
Net Book Amounts
At 30/09/202462,97162,971
At 30/09/202376,68976,689
3. STOCK 20242023
££
Stock comprises:
Stock2,5002,000
2,5002,000
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors69,824122,252
VAT-1,821
PAYE control20,42813,590
Employee Loan Advances1,0501,164
Prepayments7,0094,266
98,311143,093

R Mills, Daughter & Son Ltd

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax3,5002,055
VAT5,416-
Pension control1,2762,250
Directors current account32,20822,969
Bank loans and overdrafts-22,105
Bank Loan4,2773,640
Credit card-246
Hire purchase13,64711,747
Trade creditors3,9688,158
Attachment of Earnings-2,420
Accruals3,6193,826
67,91179,416
Included in creditors falling due within one year are HP agreements of £9,823 (2021: £13,570) which are secured by the company against the assets to which they relate.
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Loans >1yr31,90934,670
Hire purchase >1yr37,90434,722
69,81369,392
Included in creditors falling due after one year are HP agreements of £17,114 (2021: £11,867) which are secured by the company against the assets to which they relate.
7. EMPLOYEES
20242023
No.No.
Average number of employees1719

R Mills, Daughter & Son Ltd

8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation11,96414,571
11,96414,571
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
3 Ordinary shares of £1 each33
33
10. CONTINGENT LIABILITIES
The company has a contingent liability in respect of a Covid grant of £37,805 received in the year ending 30 September 2020. It is not probable that there will be an outflow of resources, as it is uncertain as to the outcome of negotiations on whether the company has fulfilled the funding criteria.
11. SECURED CREDITOR
HSBC holds fixed and floating charges over the undertaking and all property and assets present and future including goodwill, bookdebts, uncalled capital, buildings, fixtures, fixed plant and machinery.