Milan's Dhosa Express Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07083196

Milan's Dhosa Express Limited

Filleted Unaudited Financial Statements

31 January 2025

Milan's Dhosa Express Limited

Statement of Financial Position

31 January 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		73,455	97,751

Current assets

Stocks		15,113	15,102
Debtors	6	31,721	32,832
Cash at bank and in hand		67,367	40,590
		---------	--------
		114,201	88,524

Creditors: amounts falling due within one year	7	90,764		47,867
		---------		--------
Net current assets			23,437	40,657
			--------	---------
Total assets less current liabilities			96,892	138,408

Creditors: amounts falling due after more than one year	8		74,784	88,951

Provisions

Taxation including deferred tax	18,130	18,217
	--------	---------
Net assets	3,978	31,240
	--------	---------

Capital and reserves

Called up share capital	6	6
Profit and loss account	3,972	31,234
	-------	--------
Shareholders funds	3,978	31,240
	-------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 31 January 2025 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Milan's Dhosa Express Limited

Statement of Financial Position (continued)

31 January 2025

These financial statements were approved by the board of directors and authorised for issue on 27 October 2025 , and are signed on behalf of the board by:

Mr J Doshi

Director

Company registration number: 07083196

Milan's Dhosa Express Limited

Notes to the Financial Statements

Year ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 78 Green Lane Road, Leicester, LE5 3TJ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold improvements	-	20% straight line
Computer equipment	-	33% straight line
Fixtures & fittings	-	25% reducing balance
Motor vehicles	-	25% reducing balance

	Equipment	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 8 (2024: 7 ).

5. Tangible assets

	Land and buildings	Computer equipment	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Feb 2024	4,672	1,872	57,872	129,575	919	194,910
Additions	–	–	677	–	–	677
	-------	-------	--------	---------	----	---------
At 31 Jan 2025	4,672	1,872	58,549	129,575	919	195,587
	-------	-------	--------	---------	----	---------
Depreciation
At 1 Feb 2024	2,803	1,872	52,504	39,084	896	97,159
Charge for the year	935	–	1,409	22,623	6	24,973
	-------	-------	--------	---------	----	---------
At 31 Jan 2025	3,738	1,872	53,913	61,707	902	122,132
	-------	-------	--------	---------	----	---------
Carrying amount
At 31 Jan 2025	934	–	4,636	67,868	17	73,455
	-------	-------	--------	---------	----	---------
At 31 Jan 2024	1,869	–	5,368	90,491	23	97,751
	-------	-------	--------	---------	----	---------

6. Debtors

	2025	2024
	£	£
Other debtors	31,721	32,832
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	5,211	5,211
Trade creditors	2,955	989
Corporation tax	3,724	–
Social security and other taxes	713	318
Other creditors	78,161	41,349
	--------	--------
	90,764	47,867
	--------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	25,788	31,009
Other creditors	48,996	57,942
	--------	--------
	74,784	88,951
	--------	--------

9. Directors' advances, credits and guarantees

At the year end the director was owed £67,634 (2024:£30,959) by the company.

10. Related party transactions

During the year the company issued dividends of £45,000 (2024: £45,000)