0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-06-01 Sage Accounts Production Advanced 2025 - FRS102_2025 1,852 1,434 418 1,852 418 xbrli:pure xbrli:shares iso4217:GBP 06900195 2024-06-01 2025-05-31 06900195 2025-05-31 06900195 2024-05-31 06900195 2023-06-01 2024-05-31 06900195 2024-05-31 06900195 2023-05-31 06900195 core:PlantMachinery 2024-06-01 2025-05-31 06900195 core:PlantMachinery 2024-05-31 06900195 core:PlantMachinery 2025-05-31 06900195 core:WithinOneYear 2025-05-31 06900195 core:WithinOneYear 2024-05-31 06900195 core:ShareCapital 2025-05-31 06900195 core:ShareCapital 2024-05-31 06900195 core:RetainedEarningsAccumulatedLosses 2025-05-31 06900195 core:RetainedEarningsAccumulatedLosses 2024-05-31 06900195 core:PlantMachinery 2024-05-31 06900195 bus:Director1 2024-06-01 2025-05-31 06900195 bus:SmallEntities 2024-06-01 2025-05-31 06900195 bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 06900195 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 06900195 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 06900195 bus:FullAccounts 2024-06-01 2025-05-31
COMPANY REGISTRATION NUMBER: 06900195

MILLER HOMES INSULATION LIMITED

Filleted Unaudited Financial Statements

31 May 2025

MILLER HOMES INSULATION LIMITED

Financial Statements

Year ended 31st May 2025

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 3

MILLER HOMES INSULATION LIMITED

Statement of Financial Position

31 May 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Tangible assets | 4 |  | – |  | 418

Current assets

Stocks | – |  | 136,130 |
Debtors | 5 | 31 |  | 30 |
Cash at bank and in hand | 38,543 |  | 3,419 |
| -------- |  | --------- |
| 38,574 |  | 139,579 |

Creditors: amounts falling due within one year | 6 | 29,660 |  | 119,769 |
| -------- |  | --------- |
Net current assets |  | 8,914 |  | 19,810
|  | ------- |  | --------
Total assets less current liabilities |  | 8,914 |  | 20,228
|  | ------- |  | --------
Net assets |  | 8,914 |  | 20,228
|  | ------- |  | --------

Capital and reserves

Called up share capital |  | 1,000 |  | 1,000
Profit and loss account |  | 7,914 |  | 19,228
|  | ------- |  | --------
Shareholders funds |  | 8,914 |  | 20,228
|  | ------- |  | --------

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 income and retained earnings has not been delivered.
For the year ending 31st May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

MILLER HOMES INSULATION LIMITED

Statement of Financial Position (continued)

31 May 2025
These financial statements were approved by the board of directors and authorised for issue on 6 February 2026 , and are signed on behalf of the board by:
MR J MILLER
DIRECTOR
Company registration number: 06900195

MILLER HOMES INSULATION LIMITED

Notes to the Financial Statements

Year ended 31st May 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 Alex House, 260/268 Chapel Street,, Chapel Street, Salford, Manchester, M3 5JZ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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.
Revenue recognition
Revenue recognition, which is stated net of vat, depends on the type of revenue concerned. Interest income and expense is recognised on an accruals basis. Turnover represents total invoice value, excluding VAT, of sales invoices raised during the year.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
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:

| Plant and machinery | - | 10% reducing balance

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
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 stock to its present location and condition.
4. Tangible assets

| Plant and machinery | Total
| £ | £
Cost |  |
At 1st June 2024 and 31st May 2025 | 1,852 | 1,852
| ------- | -------
Depreciation |  |
At 1st June 2024 | 1,434 | 1,434
Charge for the year | 418 | 418
| ------- | -------
At 31st May 2025 | 1,852 | 1,852
| ------- | -------
Carrying amount |  |
At 31st May 2025 | – | –
| ------- | -------
At 31st May 2024 | 418 | 418
| ------- | -------

5. Debtors

| 2025 | 2024
| £ | £
Other debtors | 31 | 30
| ---- | ----

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Other creditors | 29,660 | 119,769
| -------- | ---------

7. Director's advances, credits and guarantees
Included within other creditors above is a balance of £28,318 (2024: £28,284) owed to the director. No interest has been charged to the company in respect of the loan which is repayable on demand.
8. Related party transactions
The company was under the control of Mr.Miller throughout the current and previous year. Mr. Miller is the managing director and majority shareholder. Included in creditors is a balance of £0 (2024 £90,743) in respect of monies owed to Woodhouses Park Limited, a company in which Mr. Miller is a director and shareholder.