| THE SURREY MILLING CENTRE LIMITED |
| Registered number: |
06348440 |
| Balance Sheet |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
- |
|
|
2,016 |
|
| Current assets |
| Stocks |
|
|
- |
|
|
900 |
| Debtors |
4 |
|
6,154 |
|
|
20,160 |
| Cash at bank and in hand |
|
|
1,671 |
|
|
2,853 |
|
|
|
7,825 |
|
|
23,913 |
|
| Creditors: amounts falling due within one year |
5 |
|
(4,583) |
|
|
(1,355) |
|
| Net current assets |
|
|
|
3,242 |
|
|
22,558 |
|
| Net assets |
|
|
|
3,242 |
|
|
24,574 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
3 |
|
|
3 |
| Profit and loss account |
|
|
|
3,239 |
|
|
24,571 |
|
| Shareholders' funds |
|
|
|
3,242 |
|
|
24,574 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| ALAN BESANT |
| Director |
| Approved by the board on 9 September 2025 |
|
| THE SURREY MILLING CENTRE LIMITED |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The director has prepared the financial statements on the basis that the company is no longer a going concern as the company has ceased to trade and in accordance with FRS102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows: |
|
|
Plant and machinery |
25% reducing balance basis |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 January 2024 |
138,601 |
|
Disposals |
(138,601) |
|
At 31 December 2024 |
- |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2024 |
136,585 |
|
Charge for the year |
504 |
|
On disposals |
(137,089) |
|
At 31 December 2024 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2024 |
- |
|
At 31 December 2023 |
2,016 |
|
|
| 4 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade debtors |
6,154 |
|
8,327 |
|
Other debtors |
- |
|
11,833 |
|
|
|
|
|
|
6,154 |
|
20,160 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade creditors |
3,000 |
|
350 |
|
Taxation and social security costs |
1,583 |
|
160 |
|
Other creditors |
- |
|
845 |
|
|
|
|
|
|
4,583 |
|
1,355 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
THE SURREY MILLING CENTRE LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
96 Elm Road |
|
New Malden |
|
Surrey |
|
KT3 3HN |
|
|
| 7 |
Related party transaction |
|
|
On 21 November 2024 the trade and assets of the company was sold for market value of £9,000 to ADG Dental Services, a trading partnership, in which the directors are materially interested as partners. |