REGISTERED NUMBER: 12496343 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

MILPERTHUSKY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Wallman

REGISTERED OFFICE:

3rd Floor

St George's House

56 Peter Street

Manchester

M2 3NQ

REGISTERED NUMBER:

12496343 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

3rd Floor

St George's House

56 Peter Street

Manchester

M2 3NQ

FIXED ASSETS

Intangible assets

4

125,000

150,000

Tangible assets

5

1,685

2,299

126,685

152,299

CURRENT ASSETS

Debtors

6

10,151

11,049

Cash at bank

6,943

4,897

17,094

15,946

CREDITORS

Amounts falling due within one year

7

24,511

22,367

NET CURRENT LIABILITIES

(7,417

)

(6,421

)

TOTAL ASSETS LESS CURRENT LIABILITIES

119,268

145,878

PROVISIONS FOR LIABILITIES

211

335

NET ASSETS

119,057

145,543

RESERVES

Share premium

100

100

Retained earnings

118,957

145,443

119,057

145,543

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 December 2025 and were signed by:

A Wallman - Director

1.	STATUTORY INFORMATION

Milperthusky 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Goodwill is amortised at 10% on cost.

Tangible fixed assets

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

Biological assets

-

10% on cost

Office equipment

-

25% on cost

Taxation

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 April 2024

and 31 March 2025

250,000

Amortisation

At 1 April 2024

100,000

Amortisation for year

25,000

At 31 March 2025

125,000

Net book value

At 31 March 2025

125,000

At 31 March 2024

150,000

5.	TANGIBLE FIXED ASSETS

Biological

Office

assets

equipment

Totals

£

£

£

Cost

At 1 April 2024

1,200

3,230

4,430

Additions

-

216

216

At 31 March 2025

1,200

3,446

4,646

Depreciation

At 1 April 2024

240

1,891

2,131

Charge for year

120

710

830

At 31 March 2025

360

2,601

2,961

Net book value

At 31 March 2025

840

845

1,685

At 31 March 2024

960

1,339

2,299

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

9,929

10,917

VAT

222

132

10,151

11,049

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

1,350

Taxation and social security

9,163

13,254

Other creditors

15,348

7,763

24,511

22,367

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed the director £3,003 (2024: £5,531). This amount is payable on demand, does not draw interest and is included within other creditors.

9.	RELATED PARTY DISCLOSURES

During the year, Jonathan Stuart Wallman, a related party, provided a loan of £10,001 to the company (2024: £nil). The amount is included within Other Creditors.