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Company Registration No. 11505852 (England and Wales)
MILLTECH PROPERTIES LIMITED Unaudited accounts for the year ended 31 December 2024
MILLTECH PROPERTIES LIMITED Unaudited accounts Contents
Page
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MILLTECH PROPERTIES LIMITED Company Information for the year ended 31 December 2024
Directors
CHI FAI WONG CHI CHEONG WONG KENG TAK WONG KIN PING WONG
Company Number
11505852 (England and Wales)
Registered Office
UNIT 1 ASHMEAD BUSINESS CENTRE NORTH CRESCENT LONDON E16 4TG ENGLAND
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MILLTECH PROPERTIES LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
372,994 
372,994 
Current assets
Cash at bank and in hand
41,431 
37,776 
Creditors: amounts falling due within one year
(38,107)
(34,457)
Net current assets
3,324 
3,319 
Total assets less current liabilities
376,318 
376,313 
Creditors: amounts falling due after more than one year
(355,456)
(355,456)
Net assets
20,862 
20,857 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
20,852 
20,847 
Shareholders' funds
20,862 
20,857 
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 18 August 2025 and were signed on its behalf by
CHI FAI WONG Director Company Registration No. 11505852
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MILLTECH PROPERTIES LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
MILLTECH PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11505852. The registered office is UNIT 1 ASHMEAD BUSINESS CENTRE, NORTH CRESCENT, LONDON, E16 4TG, 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 January 2024
372,994 
At 31 December 2024
372,994 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
37,997 
33,197 
Accruals
110 
1,260 
38,107 
34,457 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
355,456 
355,456 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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