1 June 2024 true No description of principal activity Taxfiler 2024.6 11378897business:PrivateLimitedCompanyLtd2024-06-012025-05-31 113788972024-05-31 11378897business:EntityNoLongerTradingButTradedInPast2024-06-012025-05-31 113788972024-06-012025-05-31 11378897business:AuditExemptWithAccountantsReport2024-06-012025-05-31 11378897business:FilletedAccounts2024-06-012025-05-31 113788972025-05-31 11378897business:Director12024-06-012025-05-31 11378897business:RegisteredOffice2024-06-012025-05-31 113788972024-05-31 11378897core:WithinOneYear2025-05-31 11378897core:WithinOneYear2024-05-31 11378897core:ShareCapitalcore:PreviouslyStatedAmount2025-05-31 11378897core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 11378897core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-05-31 11378897core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 11378897core:PreviouslyStatedAmount2025-05-31 11378897core:PreviouslyStatedAmount2024-05-31 11378897business:SmallEntities2024-06-012025-05-31 11378897countries:EnglandWales2024-06-012025-05-31 11378897core:ComputerEquipment2024-06-012025-05-31 11378897core:ComputerEquipment2024-05-31 11378897core:ComputerEquipment2025-05-31 113788972023-06-012024-05-31 iso4217:GBP xbrli:pure
Company Registration No. 11378897 (England and Wales)
Milestone BI Limited Unaudited accounts for the year ended 31 May 2025
Milestone BI Limited Unaudited accounts Contents
Page
- 2 -
Milestone BI Limited Company Information for the year ended 31 May 2025
Director
Omar Williams
Company Number
11378897 (England and Wales)
Registered Office
25A Mabel Street Woking GU21 6NN
Accountants
Wellington Consulting Ltd Rural Enterprise Centre Vincent Carey Road Office 34 Hereford Herefordshire HR2 6FE
- 3 -
Milestone BI Limited Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
461 
690 
Current assets
Debtors
(2,160)
2,125 
Cash at bank and in hand
657 
2,965 
(1,503)
5,090 
Creditors: amounts falling due within one year
1,560 
(3,809)
Net current assets
57 
1,281 
Net assets
518 
1,971 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
517 
1,970 
Shareholders' funds
518 
1,971 
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 19 July 2025 and were signed on its behalf by
Omar Williams Director Company Registration No. 11378897
- 4 -
Milestone BI Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Milestone BI Limited is a private company, limited by shares, registered in England and Wales, registration number 11378897. The registered office is 25A Mabel Street, Woking, GU21 6NN.
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
These financial statements for the year ended 31 May 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Computer equipment
25% straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2024
916 
At 31 May 2025
916 
Depreciation
At 1 June 2024
226 
Charge for the year
229 
At 31 May 2025
455 
Net book value
At 31 May 2025
461 
At 31 May 2024
690 
- 5 -
Milestone BI Limited Notes to the Accounts for the year ended 31 May 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
2,125 
Accrued income and prepayments
(2,160)
- 
(2,160)
2,125 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
2,401 
6,458 
Taxes and social security
49,566 
29,869 
Loans from directors
(54,067)
(32,892)
Accruals
540 
374 
(1,560)
3,809 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -