Miletree Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 07843744

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,310		2,812

			2,310		2,812
CURRENT ASSETS
Debtors	5	1,652,780		985,270
Cash at bank and in hand		102,013		438,393

		1,754,793		1,423,663
Creditors: Amounts Falling Due Within One Year	6	(299,079 )		(209,532 )

NET CURRENT ASSETS (LIABILITIES)			1,455,714		1,214,131

TOTAL ASSETS LESS CURRENT LIABILITIES			1,458,024		1,216,943

NET ASSETS			1,458,024		1,216,943

CAPITAL AND RESERVES
Called up share capital	7		99		99
Profit and Loss Account			1,457,925		1,216,844

SHAREHOLDERS' FUNDS			1,458,024		1,216,943

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Emma Berg

Director

15/12/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Miletree Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07843744 . The registered office is Kings Head, The Ridgeway, Mill Hill, NW7 1QX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

20%

2.4. Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.5. Pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

Page 2

Page 3

Miletree Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	4,843

As at 31 March 2025	4,843

Depreciation
As at 1 April 2024	2,031
Provided during the period	502

As at 31 March 2025	2,533

Net Book Value
As at 31 March 2025	2,310

As at 1 April 2024	2,812

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	70,491	79,927
Other debtors	1,582,289	905,343

	1,652,780	985,270

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	72	-
Corporation tax	167,050	77,138
Other taxes and social security	7,210	7,847
Other creditors	37,835	37,835
Accruals and deferred income	86,912	86,712

	299,079	209,532

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	99	99

8. Directors Advances, Credits and Guarantees

At the year end, an amount of £993,628 (2024: £419,396) was owed by the director of the company. The loan attracts interest at the rate of 2.25% (2024: 2.25%) per annum. The interest receivable for the year was £15,889 (2024: £9,436).

The above loan is unsecured and repayable on demand.

Page 3