MilktechNZ UK Limited 31/03/2025 iXBRL

Company registration number: 13736019

MILKTECHNZ UK LIMITED

UNAUDITED FILLETED FINANCIAL STATEMENTS

31 March 2025

MILKTECHNZ UK LIMITED

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

MILKTECHNZ UK LIMITED

DIRECTORS AND OTHER INFORMATION


	Directors	Mr B W Crothers
		Mr J G Garza Ruiz
		Mr K J Warner


	Company number	13736019


	Registered office	Onston Farm
		Tetchill
		Ellesmere
		Shropshire
		SY12 9HJ


	Business address	Onston Farm
		Tetchill
		Ellesmere
		Shropshire
		SY12 9HJ


	Accountants	Heywoods
		Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB

MILKTECHNZ UK LIMITED

CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE

UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MILKTECHNZ UK LIMITED

YEAR ENDED 31ST MARCH 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MilktechNZ UK Limited for the year ended 31 March 2025 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of MilktechNZ UK Limited, as a body, in accordance with the terms of our engagement letter dated 17 February 2022. Our work has been undertaken solely to prepare for your approval the financial statements of MilktechNZ UK Limited and state those matters that we have agreed to state to the board of directors of MilktechNZ UK Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MilktechNZ UK Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that MilktechNZ UK Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of MilktechNZ UK Limited. You consider that MilktechNZ UK Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of MilktechNZ UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Heywoods

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

15 December 2025

MILKTECHNZ UK LIMITED

STATEMENT OF FINANCIAL POSITION

31ST MARCH 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	1,914		1,852
		_______		_______
			1,914		1,852

Current assets
Stocks		78,025		156,094
Debtors	6	100,846		43,894
Cash at bank and in hand		1,018		98
		_______		_______
		179,889		200,086
Creditors: amounts falling due
within one year	7	( 635,077)		( 578,925)
		_______		_______
Net current liabilities			( 455,188)		( 378,839)
			_______		_______
Total assets less current liabilities			( 453,274)		( 376,987)

			_______		_______
Net liabilities			( 453,274)		( 376,987)
			_______		_______

Capital and reserves
Called up share capital			10,000		10,000
Profit and loss account			( 463,274)		( 386,987)
			_______		_______
Shareholders deficit			( 453,274)		( 376,987)
			_______		_______

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.

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.

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 statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 08 December 2025 , and are signed on behalf of the board by:

Mr B W Crothers Mr J G Garza Ruiz

Director Director

Company registration number: 13736019

MILKTECHNZ UK LIMITED

STATEMENT OF CHANGES IN EQUITY

YEAR ENDED 31ST MARCH 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 10 November 2021	10,000	( 36,715)	( 26,715)

Loss for the year		( 350,272)	( 350,272)
	_______	_______	_______
Total comprehensive income for the year	-	( 350,272)	( 350,272)

	_______	_______	_______
At 31 March 2024 and 1 April 2024	10,000	( 386,987)	( 376,987)

Loss for the year		( 76,287)	( 76,287)
	_______	_______	_______
Total comprehensive income for the year	-	( 76,287)	( 76,287)

	_______	_______	_______
At 31 March 2025	10,000	( 463,274)	( 453,274)
	_______	_______	_______

MILKTECHNZ UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31ST MARCH 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 Onston Farm, Tetchill, Ellesmere, Shropshire, SY12 9HJ.

2. Statement of compliance

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

Going concern

The company is insolvent and is dependant upon the continued support of the directors.

Turnover

Turnover is measured at the value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and 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 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.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any 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:


Fittings fixtures and equipment	-	15 %	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 stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price.

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.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 April 2024	2,248	2,248
Additions	769	769
Disposals	( 708)	( 708)
	_______	_______
At 31 March 2025	2,309	2,309
	_______	_______
Depreciation
At 1 April 2024	398	398
Charge for the year	238	238
Disposals	( 241)	( 241)
	_______	_______
At 31 March 2025	395	395
	_______	_______
Carrying amount
At 31 March 2025	1,914	1,914
	_______	_______
At 31 March 2024	1,850	1,850
	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	63,452	31,793
Other debtors	37,394	12,101
	_______	_______
	100,846	43,894
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	469,229	469,716
Social security and other taxes	25,461	8,436
Other creditors	140,387	100,773
	_______	_______
	635,077	578,925
	_______	_______

8. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr B W Crothers	4,017	( 4,017)	-	-
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr B W Crothers	( 147)	-	4,164	4,017
		_______	_______	_______	_______