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Company Registration No. 13996917 (England and Wales)
MILOS CAPITAL LIMITED Unaudited accounts for the year ended 31 March 2025
MILOS CAPITAL LIMITED Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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MILOS CAPITAL LIMITED Company Information for the year ended 31 March 2025
Director
Mr Nang Chau Yee
Company Number
13996917 (England and Wales)
Registered Office
51 Castle Street Reading England RG17SN
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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MILOS CAPITAL LIMITED Accountants' report
Accountants' report to the director of MILOS CAPITAL LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MILOS CAPITAL LIMITED for the year ended 31 March 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of MILOS CAPITAL LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of MILOS CAPITAL LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MILOS CAPITAL LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that MILOS CAPITAL LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of MILOS CAPITAL LIMITED. You consider that MILOS CAPITAL LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of MILOS CAPITAL LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 23 April 2025
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MILOS CAPITAL LIMITED Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
368,941
368,342
Current assets
Debtors
5
9,671
5,222
Cash at bank and in hand
4,160
3,484
13,831
8,706
Creditors: amounts falling due within one year
6
(343,791)
(356,134)
Net current liabilities
(329,960)
(347,428)
Net assets
38,981
20,914
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
38,881
20,814
Shareholders' funds
38,981
20,914
For the year ending 31 March 2025 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 23 April 2025 and were signed on its behalf by
Mr Nang Chau Yee Director Company Registration No. 13996917
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MILOS CAPITAL LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
MILOS CAPITAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13996917. The registered office is 51 Castle Street, Reading, England, RG17SN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
368,202
210
368,412
Additions
-
688
688
At 31 March 2025
368,202
898
369,100
Depreciation
At 1 April 2024
-
70
70
Charge for the year
-
89
89
At 31 March 2025
-
159
159
Net book value
At 31 March 2025
368,202
739
368,941
At 31 March 2024
368,202
140
368,342
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Amounts due from group undertakings etc.
9,443
5,000
Accrued income and prepayments
228
222
9,671
5,222
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MILOS CAPITAL LIMITED Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
4,283
4,850
Other creditors
8,750
8,750
Loans from directors
330,513
342,324
Accruals
245
210
343,791
356,134
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Mr Nang Chau Yee
Director Loan Account
(342,324)
11,811
-
(330,513)
(342,324)
11,811
-
(330,513)
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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