MILLARS MALTINGS LIMITED

Company Registration Number:
00992333 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

MILLARS MALTINGS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

MILLARS MALTINGS LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 8,749,340 8,743,832
Investments: 4 0 490,593
Total fixed assets: 8,749,340 9,234,425
Current assets
Debtors:   676,500 696,572
Cash at bank and in hand: 97,916 37,816
Investments:   11,025 0
Total current assets: 785,441 734,388
Creditors: amounts falling due within one year:   (195,374) (121,590)
Net current assets (liabilities): 590,067 612,798
Total assets less current liabilities: 9,339,407 9,847,223
Creditors: amounts falling due after more than one year:   (3,622,459) (4,185,285)
Provision for liabilities: (15,030) (14,745)
Total net assets (liabilities): 5,701,918 5,647,193
Capital and reserves
Called up share capital: 30,000 30,000
Revaluation reserve:56,795,6106,795,610
Profit and loss account: (1,123,692) (1,178,417)
Shareholders funds: 5,701,918 5,647,193

The notes form part of these financial statements

MILLARS MALTINGS LIMITED

Balance sheet statements

For the year ending 31 May 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 May 2025
and signed on behalf of the board by:

Name: Mr B Clarke
Status: Director

The notes form part of these financial statements

MILLARS MALTINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write of the cost or valuation of assets less their residual values over their useful lives on the following bases: Land and Building Freehold - Stated at Valuation Fixtures, fittings and equipment - 25% Straight Line Motor Vehicles - 25% Straight Line

MILLARS MALTINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 3 4

MILLARS MALTINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 8,785,525
Additions 71,866
Disposals (39,992)
At 31 May 2024 8,817,399
Depreciation
At 01 June 2023 41,693
Charge for year 30,532
On disposals (4,166)
At 31 May 2024 68,059
Net book value
At 31 May 2024 8,749,340
At 31 May 2023 8,743,832

MILLARS MALTINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Fixed investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

MILLARS MALTINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Revaluation reserve

2024
£
Balance at 01 June 2023 6,795,610
Surplus or deficit after revaluation 0
Balance at 31 May 2024 6,795,610