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Company Registration No. 08331658 (England and Wales)
Mill Sales Direct Limited Unaudited accounts for the year ended 31 December 2024
Mill Sales Direct Limited Unaudited accounts Contents
Page
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Mill Sales Direct Limited Company Information for the year ended 31 December 2024
Directors
J Noble M Petty
Company Number
08331658 (England and Wales)
Registered Office
Mill Sales Direct Ltd Unit 2 Hatton Rock Business Park, Hatton Rock Stratford-upon-Avon Warwickshire CV37 0BX England
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Mill Sales Direct Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,000 
6,000 
Tangible assets
11,823 
16,233 
14,823 
22,233 
Current assets
Inventories
38,787 
44,394 
Debtors
96,307 
86,920 
Cash at bank and in hand
116,351 
159,912 
251,445 
291,226 
Creditors: amounts falling due within one year
(99,210)
(112,285)
Net current assets
152,235 
178,941 
Total assets less current liabilities
167,058 
201,174 
Creditors: amounts falling due after more than one year
(4,258)
(14,220)
Provisions for liabilities
Deferred tax
(3,872)
(3,872)
Net assets
158,928 
183,082 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
158,828 
182,982 
Shareholders' funds
158,928 
183,082 
For the year ending 31 December 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 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 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 of Directors and authorised for issue on 12 June 2025 and were signed on its behalf by
M Petty Director Company Registration No. 08331658
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Mill Sales Direct Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Mill Sales Direct Limited is a private company, limited by shares, registered in England and Wales, registration number 08331658. The registered office is Mill Sales Direct Ltd, Unit 2, Hatton Rock Business Park, Hatton Rock, Stratford-upon-Avon, Warwickshire, CV37 0BX, 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.
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:
Plant & machinery
25 % reducing balance
Motor vehicles
25 % reducing balance
Fixtures & fittings
25 % reducing balance
Computer equipment
25 % reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
15,000 
At 31 December 2024
15,000 
Amortisation
At 1 January 2024
9,000 
Charge for the year
3,000 
At 31 December 2024
12,000 
Net book value
At 31 December 2024
3,000 
At 31 December 2023
6,000 
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Mill Sales Direct Limited Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
943 
27,641 
6,808 
17,235 
52,627 
Additions
- 
- 
- 
125 
125 
At 31 December 2024
943 
27,641 
6,808 
17,360 
52,752 
Depreciation
At 1 January 2024
378 
17,081 
3,434 
15,501 
36,394 
Charge for the year
85 
2,640 
506 
1,304 
4,535 
At 31 December 2024
463 
19,721 
3,940 
16,805 
40,929 
Net book value
At 31 December 2024
480 
7,920 
2,868 
555 
11,823 
At 31 December 2023
565 
10,560 
3,374 
1,734 
16,233 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
93,681 
84,294 
Other debtors
2,626 
2,626 
96,307 
86,920 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
12,668 
11,403 
Trade creditors
41,679 
51,284 
Taxes and social security
21,027 
35,022 
Other creditors
21 
21 
Loans from directors
8,754 
4,555 
Accruals
5,061 
- 
99,210 
112,285 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,258 
14,220 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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