Roxburgh Milkins Limited

(Registration number: 08722774)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	6,674	11,504
Current assets
Debtors	5	2,483,738	1,243,678
Cash at bank and in hand		1,506,145	1,575,435
		3,989,883	2,819,113
Creditors: Amounts falling due within one year	6	(764,990)	(561,045)
Net current assets		3,224,893	2,258,068
Net assets		3,231,567	2,269,572
Capital and reserves
Called up share capital		409	409
Capital redemption reserve		109	109
Profit and loss account		3,231,049	2,269,054
Total equity		3,231,567	2,269,572

Roxburgh Milkins Limited

(Registration number: 08722774)
Balance Sheet as at 31 March 2025

For the financial 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 17 December 2025 and signed on its behalf by:
 

 

C van der Lande

Director

 

R Hopkins

Director

Roxburgh Milkins Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	Statutory information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Merchants House North
Wapping Road
Bristol
BS1 4RW
United Kingdom

2	Accounting policies

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.

Statement of compliance

These financial statements were prepared in compliance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Going concern

The company's financial statements have been prepared on a going concern basis based on current and forecast work and projections and consider this more than adequate to meet the company's needs. The directors have considered a period of twelve months from the date of approval of the financial statements and consider the company able to meet liabilities as they fall due.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Roxburgh Milkins Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible fixed assets

Tangible fixed assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Furniture, fittings and equipment	25% - 33% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are recognised initially at the transaction price. They are subsequently measured less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Roxburgh Milkins Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 13 (2024 - 12).

4	Tangible fixed assets

	Furniture, fittings and equipment  £
Cost
At 1 April 2024	100,314
Additions	3,735
At 31 March 2025	104,049
Depreciation
At 1 April 2024	88,810
Charge for the year	8,565
At 31 March 2025	97,375
Carrying amount
At 31 March 2025	6,674
At 31 March 2024	11,504

Roxburgh Milkins Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5	Debtors: amounts falling due within one year

	2025 £	2024 £
Trade debtors	399,788	430,603
Other debtors	585,461	54,713
Prepayments	547,089	415,462
Directors' loan accounts	951,400	342,900
	2,483,738	1,243,678

The directors' loans are unsecured and repayable on demand. Interest is charged at 2.25% p.a. (2024 - 2% p.a.).

6

Creditors

	2025 £	2024 £
Trade creditors	31,418	11,758
Corporation tax	535,313	374,140
Taxation and social security	167,048	138,829
Other creditors	13,060	19,928
Accruals	18,151	16,390
	764,990	561,045

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	409	409	409	409

Roxburgh Milkins Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
	277,436	334,558

9	Related party transactions

Transactions with directors

2025	At 1 April 2024 £	Advances to director £	Repayments by director £	At 31 March 2025 £
Directors' current accounts	342,900	1,623,431	(1,014,931)	951,400

2024	At 1 April 2023 £	Advances to director £	Repayments by director £	At 31 March 2024 £
Directors' current accounts	196,884	342,900	(196,884)	342,900