REGISTERED NUMBER: 10531417 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

MILNARSTON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms A Bucknall

Mr D J Yelloly

REGISTERED OFFICE:

c/o BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

REGISTERED NUMBER:

10531417 (England and Wales)

ACCOUNTANTS:

BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

BANKERS:

Barclays Bank Plc

Leicester

LE87 2BB

FIXED ASSETS

Tangible assets

4

742

958

CURRENT ASSETS

Debtors

5

38,066

35,458

Cash at bank

78,660

75,910

116,726

111,368

CREDITORS

Amounts falling due within one year

6

44,586

54,297

NET CURRENT ASSETS

72,140

57,071

TOTAL ASSETS LESS CURRENT LIABILITIES

72,882

58,029

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

72,880

58,027

SHAREHOLDERS' FUNDS

72,882

58,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2025 and were signed on its behalf by:

Ms A Bucknall - Director

1.	STATUTORY INFORMATION

Milnarston Limited 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 accounted for as revenue when, and to the extent that, the company obtains a right to consideration in exchange for its performance of its obligations under the sales contract with the customer. The amount reported as revenue is the fair value of the right to consideration - usually the price specified in the contractual arrangement net of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets are initially recorded at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2024

292

-

4,130

4,422

Additions

-

50,000

374

50,374

Disposals

-

(50,000

)

-

(50,000

)

At 31 January 2025

292

-

4,504

4,796

DEPRECIATION

At 1 February 2024

234

-

3,230

3,464

Charge for year

15

-

575

590

At 31 January 2025

249

-

3,805

4,054

NET BOOK VALUE

At 31 January 2025

43

-

699

742

At 31 January 2024

58

-

900

958

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

2,902

3,106

Other debtors

35,164

32,352

38,066

35,458

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Taxation and social security

35,929

47,095

Other creditors

8,657

7,202

44,586

54,297

7.	RELATED PARTY DISCLOSURES

At the balance sheet date, amounts were due to the company by the directors in the sum of £29,857 (2024: 27,071). Interest has been charged on these amounts at the official rate of interest set by H M Revenue & Customs. The balance was repaid after the year end.