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Registration number: 04369473

Mileta Signs And Products Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Mileta Signs And Products Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 11

Mileta Signs And Products Ltd

Company Information

Director | Mr John Studholme

Registered office | Unit 6, Furness Drive Poulton Business Park Poulton Le Fylde Lancashire FY6 8JS

Accountants | Beckett Rawcliffe Limited Chartered AccountantsUnit 17, Beckett House Sovereign Court Wyrefields Poulton Le Fylde Lancashire FY6 8JX

Mileta Signs And Products Ltd

(Registration number: 04369473)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 78,010 | 86,194
Current assets |  |  |
Stocks | 5 | 80,000 | 77,500
Debtors | 6 | 115,193 | 115,896
Cash at bank and in hand |  | 30,154 | 42,973
|  | 225,347 | 236,369
Creditors: Amounts falling due within one year | 7 | (168,579) | (180,469)
Net current assets |  | 56,768 | 55,900
Total assets less current liabilities |  | 134,778 | 142,094
Creditors: Amounts falling due after more than one year | 7 | (20,187) | (26,862)
Provisions for liabilities |  | (7,305) | (9,365)
Net assets |  | 107,286 | 105,867
Capital and reserves |  |  |
Called up share capital | 8 | 125 | 125
Retained earnings |  | 107,161 | 105,742
Shareholders' funds |  | 107,286 | 105,867

For the financial year ending 31 December 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 accounts for the year in question in accordance with section 476; and
• | The director acknowledges his 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’.

Approved and authorised by the director on 6 February 2026

......................................... Mr John Studholme Director |  |

Mileta Signs And Products Ltd

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

1 | General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
Unit 6, Furness Drive
Poulton Business Park
Poulton Le Fylde
Lancashire
FY6 8JS

These financial statements were authorised for issue by the director on 6 February 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

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, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and 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;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred 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.

Mileta Signs And Products Ltd

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

The current income 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible 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

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:

Asset class | Depreciation method and rate
Property | 4% straight line
Plant & machinery | 15% reducing balance
Fixtures, fittings & equipment | 15% reducing balance
Motor vehicles | 25% reducing balance
Office equipment | 15% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, 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.

Mileta Signs And Products Ltd

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

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

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.

Mileta Signs And Products Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 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.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 10 (2024 - 10).

Mileta Signs And Products Ltd

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

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 January 2025 | 75,275 | 50,810 | 15,263 | 161,918 | 303,266
Additions | - | - | - | 2,709 | 2,709
At 31 December 2025 | 75,275 | 50,810 | 15,263 | 164,627 | 305,975
Depreciation
At 1 January 2025 | 31,552 | 43,499 | 11,641 | 130,380 | 217,072
Charge for the year | 3,764 | 1,100 | 902 | 5,127 | 10,893
At 31 December 2025 | 35,316 | 44,599 | 12,543 | 135,507 | 227,965
Carrying amount
At 31 December 2025 | 39,959 | 6,211 | 2,720 | 29,120 | 78,010
At 31 December 2024 | 43,723 | 7,311 | 3,622 | 31,538 | 86,194

Included within the net book value of land and buildings above is £39,959 (2024 - £43,723) in respect of long leasehold land and buildings.

Mileta Signs And Products Ltd

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

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 80,000 | 77,500

6 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 110,433 | 107,536
Amounts owed by related parties | 11 | - | 6,000
Prepayments |  | 4,760 | 2,360
|  | 115,193 | 115,896

Mileta Signs And Products Ltd

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

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 54,583 | 45,178
Trade creditors |  | 35,142 | 60,672
Taxation and social security |  | 39,800 | 34,556
Accruals and deferred income |  | 3,024 | 2,000
Other creditors |  | 36,030 | 38,063
|  | 168,579 | 180,469

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 20,187 | 26,862

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100
Ordinary A of £1 each | 25 | 25 | 25 | 25
| 125 | 125 | 125 | 125

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 20,187 | 26,862

Current loans and borrowings

Mileta Signs And Products Ltd

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

| 2025 £ | 2024 £
Bank borrowings | 5,556 | 5,556
Bank overdrafts | 49,027 | 39,622
| 54,583 | 45,178

10 | Dividends

Interim dividends paid

|  | 2025 £ |  | 2024 £
Interim dividend of £350.00 (2024 - £310.00) per each Ordinary |  | 35,000 |  | 31,000
Interim dividend of £280.00 (2024 - £600.00) per each Ordinary A |  | 7,000 |  | 15,000
|  | 42,000 |  | 46,000

11 | Related party transactions

Mileta Signs And Products Ltd

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

Director's remuneration

The director's remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 14,276 | 14,148
Contributions paid to money purchase schemes | 277 | 276
| 14,553 | 14,424

Summary of transactions with all entities with joint control or significant interest

Catersigns Ltd

Loans to related parties

2025 | Entities with joint control or significant influence £ | Total £
At start of period | 6,000 | 6,000
Repaid | (6,000) | (6,000)
At end of period | - | -

2024 | Entities with joint control or significant influence £ | Total £
At start of period | 6,000 | 6,000
At end of period | 6,000 | 6,000

12 | Parent and ultimate parent undertaking

The ultimate controlling party is John Studholme.