MILK FROM THE HILLS LTD


Directors	HILL, Alex Suzanne
	HILL, James William
	HILL, John Patrick
	HILL, Valerie


Registered Address	Kidfield House Farm Renald Lane
	Hoylandswaine
	Sheffield
	S36 7JX


Registered Number	15885513 (England and Wales)

Notes to the Financial Statements
for the period ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	30
Plant and machinery	15	-
Fixtures and fittings	15	-
Vehicles	25	-
Office Equipment	25	-

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2025
	Average number of employees during the year	6

3.	Deferred tax
	Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
Additions	29,200	176,098	72,149	14,692	12,896	305,035
At 31 August 25	29,200	176,098	72,149	14,692	12,896	305,035
Depreciation and impairment
Charge for year	81	15,008	3,020	499	884	19,492
At 31 August 25	81	15,008	3,020	499	884	19,492
Net book value
At 31 August 25	29,119	161,090	69,129	14,193	12,012	285,543
At 07 August 24	-	-	-	-	-	-

5.	Stocks
	Stock has been valued at the lower of cost and net realisable value.

		2025
		£
	Raw materials and consumables	11,852
	Total	11,852

6.	Creditors: amounts due within one year

		2025
		£
	Trade creditors / trade payables	82,925
	Amounts owed to related parties	5,000
	Taxation and social security	19,010
	Finance lease and HP contracts	33,252
	Other creditors	43,900
	Accrued liabilities and deferred income	2,450
	Total	186,537

7.	Creditors: amounts due after one year

		2025
		£
	Other creditors	82,331
	Total	82,331

8.	Obligations under finance leases

		2025
		£
	Finance lease and HP contracts	115,583


	The company current has amounts falling due under obligation within the next 12 months of £33,252. A further value of £82,331 is obligated to be paid after 12 months but within 60 months of the reporting period.

9.	Provisions for liabilities

		2025
		£
	Net deferred tax liability (asset)	49,540
	Total	49,540

10.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
HILL, James William	0	14,322	14,322	0
Joint loan with A Hill
	0	14,322	14,322	0


	The directors' loan account has been repaid in full during the year.

11.	Related party transactions
	Amounts owed to related party at the period end totals £5,000. The related party is a partnership owned by two of the directors of the reporting entity and a major supplier to the reporting entity.

	Notes	2025
		£	£
Fixed assets
Tangible assets	4		285,543
			285,543
Current assets
Stocks	5	11,852
Debtors		112,272
Cash at bank and on hand		91,305
		215,429
Creditors amounts falling due within one year	6	(186,537)
Net current assets (liabilities)			28,892
Total assets less current liabilities			314,435
Creditors amounts falling due after one year	7		(82,331)
Provisions for liabilities	9		(49,540)
Net assets			182,564
Capital and reserves
Profit and loss account			182,564
Shareholders' funds			182,564