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REGISTERED NUMBER: 13678545 (England and Wales)


Financial Statements for the Year Ended 30 November 2024

for

Milan Sweet & Snacks Ltd

Milan Sweet & Snacks Ltd (Registered number: 13678545)






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


Milan Sweet & Snacks Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Mr Harish Jadavji Patel
Mrs Nita Harish Patel





REGISTERED OFFICE: Sterling Accounting,
Bridge House,
Holbrook Lane
Coventry
CV6 4AD





REGISTERED NUMBER: 13678545 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Milan Sweet & Snacks Ltd (Registered number: 13678545)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 106,000 106,000
Property, plant and equipment 5 12,467 15,932
118,467 121,932

CURRENT ASSETS
Inventories 5,617 10,295
Debtors 6 1,813 1,511
Cash at bank and in hand 44,991 40,827
52,421 52,633
CREDITORS
Amounts falling due within one year 7 133,803 136,964
NET CURRENT LIABILITIES (81,382 ) (84,331 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,085

37,601

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 37,083 37,599
SHAREHOLDERS' FUNDS 37,085 37,601

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 directors acknowledge their 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.

Milan Sweet & Snacks Ltd (Registered number: 13678545)

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 Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:





Mr Harish Jadavji Patel - Director


Milan Sweet & Snacks Ltd (Registered number: 13678545)

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

1. STATUTORY INFORMATION

Milan Sweet & Snacks 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 represents net sales of invoiced goods and services excluding Value Added Tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 106,000
NET BOOK VALUE
At 30 November 2024 106,000
At 30 November 2023 106,000

Milan Sweet & Snacks Ltd (Registered number: 13678545)

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

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 December 2023 26,534
Additions 691
At 30 November 2024 27,225
DEPRECIATION
At 1 December 2023 10,602
Charge for year 4,156
At 30 November 2024 14,758
NET BOOK VALUE
At 30 November 2024 12,467
At 30 November 2023 15,932

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors 1,813 1,511

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors - 937
Taxation and social security 13,711 11,822
Other creditors 120,092 124,205
133,803 136,964

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
2 Ordinary 1 2 2