Company Registration No. 13550540 (England and Wales)
MILL LANE PROPERTY LTD
Unaudited accounts
for the year ended 31 August 2024
MILL LANE PROPERTY LTD
Unaudited accounts
Contents
MILL LANE PROPERTY LTD
Company Information
for the year ended 31 August 2024
Director
David Frank Watts
Company Number
13550540 (England and Wales)
Registered Office
1 Refuge Cottages
Kyrewood
Tenbury Wells
Worcestershire
WR15 8SG
England
MILL LANE PROPERTY LTD
Statement of financial position
as at 31 August 2024
Investment property
1,831,837
1,802,537
Cash at bank and in hand
56
1,771
Creditors: amounts falling due within one year
(54,716)
(42,288)
Net current assets/(liabilities)
17,718
(186)
Total assets less current liabilities
1,849,555
1,802,351
Creditors: amounts falling due after more than one year
(1,915,899)
(1,847,157)
Net liabilities
(66,344)
(44,806)
Called up share capital
100
100
Profit and loss account
(66,444)
(44,906)
Shareholders' funds
(66,344)
(44,806)
For the year ending 31 August 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 27 May 2025 and were signed on its behalf by
David Frank Watts
Director
Company Registration No. 13550540
MILL LANE PROPERTY LTD
Notes to the Accounts
for the year ended 31 August 2024
MILL LANE PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 13550540. The registered office is 1 Refuge Cottages, Kyrewood, Tenbury Wells, Worcestershire, WR15 8SG, 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.
Fair value at 1 September 2023
1,802,537
At 31 August 2024
1,831,837
Amounts falling due within one year
Trade debtors
49,051
17,750
Accrued income and prepayments
19,622
22,425
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
21,185
19,035
Trade creditors
18,920
14,657
MILL LANE PROPERTY LTD
Notes to the Accounts
for the year ended 31 August 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
1,245,132
1,266,317
Other creditors
670,767
580,840
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).