| Registered number: 07417034 | ||||||||
| FOR THE YEAR ENDED 31/10/2024 | ||||||||
| Prepared By: | ||||||||
| Albeck Limited | ||||||||
| Chartered Accountants | ||||||||
| 49 Mowbray Road | ||||||||
| Edgware | ||||||||
| Middlesex | ||||||||
| HA8 8JL | ||||||||
| Themilkcompany Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31/10/2024 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 07417034 | ||||||||
| BANKERS | ||||||||
| Barclays | ||||||||
| ACCOUNTANTS | ||||||||
| Albeck Limited | ||||||||
| Chartered Accountants | ||||||||
| 49 Mowbray Road | ||||||||
| Edgware | ||||||||
| Middlesex | ||||||||
| HA8 8JL | ||||||||
| Themilkcompany Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31/10/2024 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Themilkcompany Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2024 | 2023 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| Investment Assets | 4 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 5 | |||||||||
| Cash at bank and in hand | ||||||||||
| 1,509,730 | 1,484,226 | |||||||||
| CREDITORS: Amounts falling due within one year | 6 | |||||||||
| NET CURRENT ASSETS | 1,108,913 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CREDITORS: Amounts falling due after more than one year | 7 | 30,093 | 36,204 | |||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 8 | |||||||||
| Profit and loss account | 1,282,477 | 1,166,408 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Themilkcompany Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31/10/2024 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Plant and Machinery | reducing balance 25% | |||||||
| Commercial Vehicles | reducing balance 33% | |||||||
| Equipment | reducing balance 25% | |||||||
| 1c. Investments | ||||||||
| Fixed asset investments are shown at cost less amounts written off. | ||||||||
| Provisions are made for permanent fluctuations in value. | ||||||||
| 1d. Leases | ||||||||
| Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term. | ||||||||
| 2. EMPLOYEES | ||||||
| 2024 | 2023 | |||||
| No. | No. | |||||
| Average number of employees | 18 | |||||
| Themilkcompany Limited | ||||||||
| 3. TANGIBLE FIXED ASSETS | ||||||||
| Plant and | Commercial | |||||||
| Machinery | Vehicles | Equipment | Total | |||||
| £ | £ | £ | £ | |||||
| Cost | ||||||||
| At 01/11/2023 | 136,544 | 150,208 | 92,143 | 378,895 | ||||
| Additions | 5,836 | 25,000 | 18,895 | 49,731 | ||||
| At 31/10/2024 | 142,380 | 175,208 | 111,038 | 428,626 | ||||
| Depreciation | ||||||||
| At 01/11/2023 | 115,271 | 116,942 | 52,883 | 285,096 | ||||
| For the year | 6,777 | 19,422 | 14,539 | 40,738 | ||||
| At 31/10/2024 | 122,048 | 136,364 | 67,422 | 325,834 | ||||
| Net Book Amounts | ||||||||
| At 31/10/2024 | 102,792 | |||||||
| At 31/10/2023 | 93,799 | |||||||
| 4. FINANCIAL ASSETS | |||||||||
| Other | |||||||||
| Investments | Total | ||||||||
| £ | £ | ||||||||
| Cost | |||||||||
| Additions | 50,000 | 50,000 | |||||||
| At 31/10/2024 | 50,000 | 50,000 | |||||||
| Amortisation | |||||||||
| Net Book Amounts | |||||||||
| At 31/10/2024 | 50,000 | 50,000 | |||||||
| 5. DEBTORS | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 325,545 | 212,763 | ||||||
| VAT | 14,551 | 25,118 | ||||||
| Other debtors | 1,092,794 | 1,110,294 | ||||||
| 1,432,890 | 1,348,175 | |||||||
| Themilkcompany Limited | ||||||||
| 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| UK corporation tax | 35,808 | 27,267 | ||||||
| PAYE control | 946 | 2,265 | ||||||
| Bank Loan | 5,556 | 5,000 | ||||||
| Trade creditors | 283,623 | 290,381 | ||||||
| Other creditors | 19,669 | 46,300 | ||||||
| Accruals | 4,250 | 4,100 | ||||||
| 349,852 | 375,313 | |||||||
| 7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Bank loans (unsecured) >1yr | 30,093 | 36,204 | ||||||
| 30,093 | 36,204 | |||||||
| 8. SHARE CAPITAL | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 100 | 100 | |||||||
| 100 | 100 | |||||||
| 9. CONTROLLING PARTY | ||||||||
| The company is controlled by the directors, I Bodner, R Bodner, A Grosskopf and S Grosskopf, by virtue of the fact that together they hold 100% of the company's issued and called up voting share capital. | ||||||||
| 10. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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