Dominic Mills Ltd - Accounts to registrar (filleted)

DOMINIC MILLS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30TH SEPTEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

7

DIRECTORS:

K A Borneo

D M Mills

REGISTERED OFFICE:

11 Grove Place

Bedford

MK40 3JJ

REGISTERED NUMBER:

08194547 (England and Wales)

ACCOUNTANTS:

HW Bedford Limited

Trading as Haines Watts

First Floor, Woburn Court

2 Railton Road

Woburn Rd Ind Est

Kempston

Bedfordshire

MK42 7PN

FIXED ASSETS

Tangible assets

4

12,819

17,741

CURRENT ASSETS

Debtors

5

492,071

452,054

Cash at bank and in hand

319,991

258,370

812,062

710,424

CREDITORS

Amounts falling due within one year

6

292,586

301,882

NET CURRENT ASSETS

519,476

408,542

TOTAL ASSETS LESS CURRENT
LIABILITIES

532,295

426,283

PROVISIONS FOR LIABILITIES

3,205

4,435

NET ASSETS

529,090

421,848

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

529,088

421,846

SHAREHOLDERS' FUNDS

529,090

421,848

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th May 2026 and were signed on its behalf by:

D M Mills - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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

Turnover

Fees receivable from the rendering of services are recognised in the Profit and Loss Account when a right to consideration has been obtained in exchange for performance of contractual rights. Income is recorded excluding value added tax at the fair value of the right to consideration, including principal time after deducting allowances for discounts, credit risk and other uncertainties relating to clients' willingness to pay.

In all cases where the ability to recover fees on a matter is non-contingent, income is recognised on the basis of time spent. For those cases where the ability to recover fees is contingent, income will not be recognised until the matter is completed, except for those cases where the matter completes prior to approval of the accounts, for which a fair proportion is included in amounts recoverable on contract.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

33% on reducing balance

Computer equipment

-

33% on reducing balance

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1st October 2024

42,054

23,440

65,494

Additions

-

1,337

At 30th September 2025

42,054

24,777

66,831

DEPRECIATION

At 1st October 2024

25,549

22,204

47,753

Charge for year

5,447

812

6,259

At 30th September 2025

30,996

23,016

54,012

NET BOOK VALUE

At 30th September 2025

11,058

1,761

12,819

At 30th September 2024

16,505

1,236

17,741

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

Trade debtors

152,924

117,285

Doubtful debt provision

(10,635

)

(12,218

)

Amounts recoverable on contract

336,314

331,522

Other debtors

8

1,979

Prepayments and accrued income

13,460

13,486

492,071

452,054

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

Corporation tax

51,165

42,215

VAT

49,364

30,281

Sundry creditors and accruals

191,172

227,843

Directors' current accounts

885

1,543

292,586

301,882

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th September 2025 and 30th September 2024:

30/9/25

30/9/24

£

D M Mills

Balance outstanding at start of year

-

17,734

Amounts repaid

-

(17,734

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

8.	ULTIMATE CONTROLLING PARTY

The controlling party is D M Mills.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dominic Mills Ltd for the year ended 30th September 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Dominic Mills Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Dominic Mills Ltd and state those matters that we have agreed to state to the Board of Directors of Dominic Mills Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dominic Mills Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Dominic Mills Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dominic Mills Ltd. You consider that Dominic Mills Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Dominic Mills Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HW Bedford Limited

Trading as Haines Watts

First Floor, Woburn Court

2 Railton Road

Woburn Rd Ind Est

Kempston

Bedfordshire

MK42 7PN

11th May 2026