Company Registration No. 02982994 (England and Wales)
Milagrosa Foods and Grains Company Limited
Unaudited accounts
for the year ended 31 March 2025
Milagrosa Foods and Grains Company Limited
Unaudited accounts
Contents
Milagrosa Foods and Grains Company Limited
Company Information
for the year ended 31 March 2025
Directors
Romeo Ramos
Lourdelyn Punzalan-Ramos
Company Number
02982994 (England and Wales)
Registered Office
70 WOOD STREET
LONDON
E17 3HT
ENGLAND
Milagrosa Foods and Grains Company Limited
Statement of financial position
as at 31 March 2025
Intangible assets
2,840
2,840
Tangible assets
251,815
260,420
Cash at bank and in hand
3,666
9,766
Creditors: amounts falling due within one year
(175,379)
(123,090)
Net current liabilities
(133,174)
(102,094)
Total assets less current liabilities
121,481
161,166
Creditors: amounts falling due after more than one year
(139,124)
(181,681)
Net liabilities
(17,643)
(20,515)
Called up share capital
200
200
Profit and loss account
(17,843)
(20,715)
Shareholders' funds
(17,643)
(20,515)
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by
Romeo Ramos
Director
Company Registration No. 02982994
Milagrosa Foods and Grains Company Limited
Notes to the Accounts
for the year ended 31 March 2025
Milagrosa Foods and Grains Company Limited is a private company, limited by shares, registered in England and Wales, registration number 02982994. The registered office is 70 WOOD STREET, LONDON, E17 3HT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost.
The company directors do not consider depreciation to be appropriate for these assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% reducing balance basis
Motor vehicles
18% reducing balance basis
Fixtures & fittings
18% reducing balance basis
4
Intangible fixed assets
Other
Milagrosa Foods and Grains Company Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
216,222
127,343
151,245
92,813
587,623
At 31 March 2025
216,222
127,343
151,245
92,813
587,623
At 1 April 2024
-
118,002
138,019
71,182
327,203
Charge for the year
-
1,681
2,381
4,543
8,605
At 31 March 2025
-
119,683
140,400
75,725
335,808
At 31 March 2025
216,222
7,660
10,845
17,088
251,815
At 31 March 2024
216,222
9,341
13,226
21,631
260,420
Amounts falling due within one year
Amounts due from group undertakings etc.
27,467
11,230
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,403
10,403
Obligations under finance leases and hire purchase contracts
-
1,562
Taxes and social security
1,533
-
Loans from directors
161,033
99,998
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
139,124
181,681
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).