Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312025-05-282025-05-28No description of principal activityfalse2024-01-0145truetruefalse 13050849 2024-01-01 2024-12-31 13050849 2023-01-01 2023-12-31 13050849 2024-12-31 13050849 2023-12-31 13050849 c:Director1 2024-01-01 2024-12-31 13050849 c:Director2 2024-01-01 2024-12-31 13050849 c:RegisteredOffice 2024-01-01 2024-12-31 13050849 d:CurrentFinancialInstruments 2024-12-31 13050849 d:CurrentFinancialInstruments 2023-12-31 13050849 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 13050849 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13050849 d:ShareCapital 2024-12-31 13050849 d:ShareCapital 2023-12-31 13050849 d:RetainedEarningsAccumulatedLosses 2024-12-31 13050849 d:RetainedEarningsAccumulatedLosses 2023-12-31 13050849 c:FRS102 2024-01-01 2024-12-31 13050849 c:Audited 2024-01-01 2024-12-31 13050849 c:FullAccounts 2024-01-01 2024-12-31 13050849 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13050849 c:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13050849 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 13050849







FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


MILK MAKEUP UK LIMITED






































img543a.png                        

 


MILK MAKEUP UK LIMITED
 


 
COMPANY INFORMATION


Directors
S Nguyen 
H Sebti 




Registered number
13050849



Registered office
95 Gresham Street

London

EC2V 7AB




Independent auditor
Menzies LLP
Chartered Accountants & Statutory Auditor

95 Gresham Street

London

EC2V 7AB





 


MILK MAKEUP UK LIMITED
 



CONTENTS



Page
Statement of Financial Position
1
Notes to the Financial Statements
2 - 3


 


MILK MAKEUP UK LIMITED
REGISTERED NUMBER:13050849



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
225,554
192,071

Cash at bank and in hand
  
21,652
19,036

  
247,206
211,107

Creditors: amounts falling due within one year
 5 
(156,357)
(147,582)

Net current assets
  
 
 
90,849
 
 
63,525

Total assets less current liabilities
  
90,849
63,525

  

Net assets
  
90,849
63,525


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
90,749
63,425

  
90,849
63,525


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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




S Nguyen
Director

Date: 28 May 2025

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 


MILK MAKEUP UK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Milk Makeup UK Limited is a private company, limited by shares, registered in England & Wales, company registration number 13050849. The registered office is disclosed on the company information page. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

  
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is generated by providing sales and marketing services and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


  
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Page 2

 


MILK MAKEUP UK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 5).


4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
215,529
190,601

Other debtors
8,765
-

Prepayments and accrued income
1,260
1,470

225,554
192,071



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
4,098
2,562

Corporation tax
7,536
9,615

Other creditors
-
8,454

Accruals and deferred income
144,723
126,951

156,357
147,582



6.


Controlling party

Milk Makeup LLC is the parent of the smallest group for which consolidated accounts including Milk Makeup UK Limited are prepared. The registered office of Milk Makeup LLC is 450 West 15th Street, New York, NY 10011, United States.


7.


Auditor's information

The auditor's report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 28 May 2025 by Robin Hopkins (FCA) (Senior Statutory Auditor) on behalf of Menzies LLP.

 
Page 3