Milton & Co Developments Ltd

Milton & Co Developments Ltd
Balance Sheet
As at 31 December 2024

	2024		2023
	£	£	£	£
Fixed assets		4,443		101,343
Current assets	100,313		266
Creditors: amount falling due within one year	(105,038)		(115,514)
Net current assets		(4,725)		(115,248)
Total assets less current liabilities		(282)		(13,905)
Net assets		(282)		(13,905)


Capital and reserves		(282)		(13,905)

NOTES TO THE ACCOUNTS

General Information

Milton & Co Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 13623577, registration address 12 Holly View Drive, Malvern, Worcestershire, WR14 4AQ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 3 (2023 : 3).

Related parties

During the year the company entered into the following transactions with related parties:

	Amount due from/to related party				Provision for doubtful debt from the related party
	2024 £		2023 £		2024 £		2023 £
Peachfield Developments Ltd	4,442		101,342		0		0

The company has lent Peachfield Developments Ltd a company in which it is a 50% shareholder, £101,342, the loan is interest free and repayable on demand, during the year £96,900 was repaid.

4.	Director’s loan

Directors Loan

The Directors and Shareholders have lent the company £84,743 (2022 £101,743), on which interest of 6% per annum is accruing. £17,000 was repaid during the year.

For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

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.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 30 September 2025 and were signed on its behalf by:

--------------------------------
Ian Milton
Director

Registered Number: 13623577
England and Wales
MILTON & CO DEVELOPMENTS LTD

Unaudited Financial Statements

Period of accounts Start date: 01 January 2024 End date: 31 December 2024