REGISTERED NUMBER: 11464521 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 December 2024

for

MILNER ESTATE HOLDING LTD

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

Marios Kosma

Kikis Treppides

SECRETARY:

Marios Kosma

REGISTERED OFFICE:

137 Finchley Road, Flat 507, Centre Heig

London

NW3 6JG

REGISTERED NUMBER:

11464521 (England and Wales)

ACCOUNTANTS:

K Treppides & Co (UK) Ltd

15-19 Bloomsbury Way

London

WC1A 2TH

The directors present their report with the financial statements of the company for the year ended 31 December 2024.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

Marios Kosma

Kikis Treppides

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Kikis Treppides - Director

29 September 2025

TURNOVER

46,667

91,558

Distribution costs

-

(9,489

)

Administrative expenses

(87,071

)

(18,087

)

(40,404

)

63,982

Other operating income

-

243,743

OPERATING (LOSS)/PROFIT

4

(40,404

)

307,725

Interest payable and similar expenses

(52,630

)

(120,918

)

(LOSS)/PROFIT BEFORE TAXATION

(93,034

)

186,807

Tax on (loss)/profit

-

-

(LOSS)/PROFIT FOR THE FINANCIAL YEAR

(93,034

)

186,807

FIXED ASSETS

Tangible assets

5

4,250

3,355,250

CURRENT ASSETS

Debtors

6

4,750

7,521

Cash at bank

81,675

85,361

86,425

92,882

CREDITORS

Amounts falling due within one year

7

-

(1,606,871

)

NET CURRENT ASSETS/(LIABILITIES)

86,425

(1,513,989

)

TOTAL ASSETS LESS CURRENT LIABILITIES

90,675

1,841,261

CREDITORS

Amounts falling due after more than one year

8

(105,708

)

(1,763,260

)

PROVISIONS FOR LIABILITIES

(29

)

(29

)

NET (LIABILITIES)/ASSETS

(15,062

)

77,972

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(16,062

)

76,972

(15,062

)

77,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

Kikis Treppides - Director

1.	STATUTORY INFORMATION

MILNER ESTATE HOLDING 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 NIL (2023 - NIL).

4.	OPERATING (LOSS)/PROFIT

The operating loss (2023 - operating profit) is stated after charging:

31.12.24

31.12.23

£

£

Depreciation - owned assets

-

9,488

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

3,520,002

52,717

3,572,719

Disposals

(3,520,002

)

-

(3,520,002

)

At 31 December 2024

-

52,717

52,717

DEPRECIATION

At 1 January 2024

169,002

48,467

217,469

Eliminated on disposal

(169,002

)

-

(169,002

)

At 31 December 2024

-

48,467

48,467

NET BOOK VALUE

At 31 December 2024

-

4,250

4,250

At 31 December 2023

3,351,000

4,250

3,355,250

6.

DEBTORS

31.12.24

31.12.23

£

£

Amounts falling due within one year:

Other debtors

4,750

7,901

Amounts falling due after more than one year:

Other debtors

-

(380

)

Aggregate amounts

4,750

7,521

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

-

1,602,695

Trade creditors

-

1

Taxation and social security

-

4,175

-

1,606,871

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

105,708

1,763,260