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Company Registration No. 06427437 (England and Wales)
Philo Mills Limited Unaudited accounts for the year ended 30 November 2024
Philo Mills Limited Unaudited accounts Contents
Page
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Philo Mills Limited Company Information for the year ended 30 November 2024
Director
Christopher Max Abbott
Company Number
06427437 (England and Wales)
Registered Office
2b High Street Ruddington Nottingham Nottinghamshire NG11 6EH England
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Philo Mills Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
35,273 
38,207 
Current assets
Inventories
15,000 
17,361 
Debtors
18,199 
7,164 
Cash at bank and in hand
8,907 
6,650 
42,106 
31,175 
Creditors: amounts falling due within one year
(28,633)
(9,447)
Net current assets
13,473 
21,728 
Total assets less current liabilities
48,746 
59,935 
Creditors: amounts falling due after more than one year
(1,400)
- 
Net assets
47,346 
59,935 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
47,246 
59,835 
Shareholders' funds
47,346 
59,935 
For the year ending 30 November 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 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 30 August 2025 and were signed on its behalf by
Christopher Max Abbott Director Company Registration No. 06427437
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Philo Mills Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Philo Mills Limited is a private company, limited by shares, registered in England and Wales, registration number 06427437. The registered office is 2b High Street, Ruddington, Nottingham, Nottinghamshire, NG11 6EH, 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.
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:
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2023
10,533 
183,168 
15,364 
- 
209,065 
Additions
- 
- 
- 
1,792 
1,792 
At 30 November 2024
10,533 
183,168 
15,364 
1,792 
210,857 
Depreciation
At 1 December 2023
- 
155,494 
15,364 
- 
170,858 
Charge for the year
- 
4,612 
114 
- 
4,726 
At 30 November 2024
- 
160,106 
15,478 
- 
175,584 
Net book value
At 30 November 2024
10,533 
23,062 
(114)
1,792 
35,273 
At 30 November 2023
10,533 
27,674 
- 
- 
38,207 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
18,199 
7,164 
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Philo Mills Limited Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
9,295 
- 
Trade creditors
18,442 
3,863 
Taxes and social security
896 
5,584 
28,633 
9,447 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
1,400 
- 
8
Average number of employees
During the year the average number of employees was 14 (2023: 14).
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