Company registration number 12297498 (England and Wales)
MILLS HOLDINGS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2025
4 Brackley Close
Bournemouth International Airport
Christchurch
Dorset
BH23 6SE
MILLS HOLDINGS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
MILLS HOLDINGS LIMITED
BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
60,364
64,413
Investments
4
300
100
60,664
64,513
Current assets
Debtors
5
234,408
844
Cash at bank and in hand
221
66,177
234,629
67,021
Creditors: amounts falling due within one year
6
(125,163)
(122,633)
Net current assets/(liabilities)
109,466
(55,612)
Total assets less current liabilities
170,130
8,901
Provisions for liabilities
(2,142)
(2,242)
Net assets
167,988
6,659
Capital and reserves
Called up share capital
200
200
Profit and loss reserves
167,788
6,459
Total equity
167,988
6,659
MILLS HOLDINGS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2025
30 June 2025
- 2 -

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

T he 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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 21 November 2025 and are signed on its behalf by:
Mr Timothy Mills
Director
Company registration number 12297498 (England and Wales)
MILLS HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 3 -
1
Accounting policies
Company information

Mills Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 9b, Old Street, Bailie Gate Industrial Estate, Sturminster Marshall, Wimborne, Dorset, BH21 4DB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertaking comprises a small group.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for vehicle rental provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
None
Computers
3 year straight line
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.5
Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

MILLS HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

Current tax is recognised on taxable profit for the current and, where not previously recognised, past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

1.7
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Freehold land and buildings
Computers
Motor vehicles
Total
£
£
£
£
Cost
At 1 July 2024
42,539
1,157
57,065
100,761
Additions
-
0
-
0
13,000
13,000
Disposals
-
0
-
0
(23,029)
(23,029)
At 30 June 2025
42,539
1,157
47,036
90,732
Depreciation and impairment
At 1 July 2024
-
0
804
35,544
36,348
Depreciation charged in the year
-
0
353
5,942
6,295
Eliminated in respect of disposals
-
0
-
0
(12,275)
(12,275)
At 30 June 2025
-
0
1,157
29,211
30,368
MILLS HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
3
Tangible fixed assets
Freehold land and buildings
Computers
Motor vehicles
Total
£
£
£
£
(Continued)
- 5 -
Carrying amount
At 30 June 2025
42,539
-
0
17,825
60,364
At 30 June 2024
42,539
353
21,521
64,413
4
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
300
100
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 1 July 2024
100
Additions
200
At 30 June 2025
300
Carrying amount
At 30 June 2025
300
At 30 June 2024
100
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
5,191
151
Amounts owed by group undertakings
50
-
0
Other debtors
2,121
693
7,362
844
2025
2024
Amounts falling due after more than one year:
£
£
Amounts owed by group undertakings
227,046
-
0
Total debtors
234,408
844
MILLS HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 6 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings
123,131
111,708
Taxation and social security
-
0
9,400
Other creditors
2,032
1,525
125,163
122,633
7
Directors' transactions
Description
% Rate
Opening balance
Amounts repaid
Closing balance
£
£
£
Loan due from director
-
565
(565)
-
565
(565)
-
2025-06-30 2024-07-01 false false false 21 November 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr T Mills Miss M Davis 12297498 2024-07-01 2025-06-30 12297498 2025-06-30 12297498 2024-06-30 12297498 core:LandBuildings core:OwnedOrFreeholdAssets 2025-06-30 12297498 core:ComputerEquipment 2025-06-30 12297498 core:MotorVehicles 2025-06-30 12297498 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-30 12297498 core:ComputerEquipment 2024-06-30 12297498 core:MotorVehicles 2024-06-30 12297498 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 12297498 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 12297498 core:WithinOneYear 2025-06-30 12297498 core:WithinOneYear 2024-06-30 12297498 core:CurrentFinancialInstruments 2025-06-30 12297498 core:CurrentFinancialInstruments 2024-06-30 12297498 core:ShareCapital 2025-06-30 12297498 core:ShareCapital 2024-06-30 12297498 core:RetainedEarningsAccumulatedLosses 2025-06-30 12297498 core:RetainedEarningsAccumulatedLosses 2024-06-30 12297498 bus:Director1 2024-07-01 2025-06-30 12297498 core:LandBuildings core:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 12297498 core:ComputerEquipment 2024-07-01 2025-06-30 12297498 core:MotorVehicles 2024-07-01 2025-06-30 12297498 2023-07-01 2024-06-30 12297498 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-30 12297498 core:ComputerEquipment 2024-06-30 12297498 core:MotorVehicles 2024-06-30 12297498 2024-06-30 12297498 core:Non-currentFinancialInstruments 2025-06-30 12297498 core:Non-currentFinancialInstruments 2024-06-30 12297498 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 12297498 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 12297498 bus:FRS102 2024-07-01 2025-06-30 12297498 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 12297498 bus:Director2 2024-07-01 2025-06-30 12297498 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP