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REGISTERED NUMBER: 11701725 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

MILESTONE VISION LTD

MILESTONE VISION LTD (Registered number: 11701725)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MILESTONE VISION LTD

Company Information
for the Year Ended 30 November 2024







DIRECTOR: B CHEVER





SECRETARY:





REGISTERED OFFICE: 129 STATION ROAD
HENDON
London
NW4 4NJ





REGISTERED NUMBER: 11701725 (England and Wales)





ACCOUNTANTS: Cohen & Co. Accountants
Datasoft Accounting Services
129 Station Road
Hendon
London
NW4 4NJ

MILESTONE VISION LTD (Registered number: 11701725)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 488,648 488,648

CURRENT ASSETS
Debtors 5 70,101 75,842
Cash at bank 15,253 5,835
85,354 81,677
CREDITORS
Amounts falling due within one year 6 54,316 60,697
NET CURRENT ASSETS 31,038 20,980
TOTAL ASSETS LESS CURRENT
LIABILITIES

519,686

509,628

CREDITORS
Amounts falling due after more than one
year

7

335,677

335,677
NET ASSETS 184,009 173,951

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 183,909 173,851
SHAREHOLDERS' FUNDS 184,009 173,951

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

MILESTONE VISION LTD (Registered number: 11701725)

Balance Sheet - continued
30 November 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 August 2025 and were signed by:





B CHEVER - Director


MILESTONE VISION LTD (Registered number: 11701725)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

MILESTONE VISION LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 December 2023
and 30 November 2024 488,648
NET BOOK VALUE
At 30 November 2024 488,648
At 30 November 2023 488,648

MILESTONE VISION LTD (Registered number: 11701725)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors 70,101 75,842

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 21,601 21,601
Taxation and social security 7,473 13,854
Other creditors 25,242 25,242
54,316 60,697

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Bank loans 335,677 335,677

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loan 159,454 159,454
Bank loan 176,223 176,223
335,677 335,677