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Registration number: 11929009

Milly Sinclair Associates Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

Milly Sinclair Associates Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 5

Milly Sinclair Associates Limited

Company Information

Director | Mrs CL Sinclair

Registered office | 64 Old Hospital Lawn Stroud Gloucestershire GL5 4GA

Accountants | Regulatory Accounting Ltd T/A Optimum Professional Services Vicarage Court 160 Ermin Street Swindon Wiltshire SN3 4NE

Milly Sinclair Associates Limited

(Registration number: 11929009)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 4 | 423 | 915
Cash at bank and in hand |  | 7,352 | 21,319
|  | 7,775 | 22,234
Creditors: Amounts falling due within one year | 5 | (5,684) | (9,556)
Net assets |  | 2,091 | 12,678
Capital and reserves |  |  |
Called up share capital |  | 10 | 10
Retained earnings |  | 2,081 | 12,668
Shareholders' funds |  | 2,091 | 12,678

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 7 October 2025

......................................... Mrs CL Sinclair Director

Milly Sinclair Associates Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The principal place of business is:
64 Old Hospital Lawn
Stroud
Gloucestershire
GL5 4GA
United Kingdom

These financial statements were authorised for issue by the director on 7 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentational currency for these financial statements is pound sterling and rounded to the nearest pound (£).

Going concern

The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the forseeable future. For this reason, they continue to adopt the going concern basis in preparing the accounts.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Milly Sinclair Associates Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Milly Sinclair Associates Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

4 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 87 | 679
Prepayments | 252 | 236
Other debtors | 84 | -
| 423 | 915

5 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 4,882 | 7,986
Accruals and deferred income | 605 | 550
Other creditors | 197 | 1,020
| 5,684 | 9,556

6 | Related party transactions

Transactions with the director

2025 | At 1 May 2024 £ | Advances to director £ | Repayments by director £ | At 30 April 2025 £
Mrs CL Sinclair
Director Loan Account | (1,020) | 44,192 | (43,371) | (199)

2024 | At 1 May 2023 £ | Advances to director £ | Repayments by director £ | At 30 April 2024 £
Mrs CL Sinclair
Director Loan Account | 616 | 40,050 | (41,686) | (1,020)