Milford Corp Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07373464

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		44,933		53,115

			44,933		53,115
CURRENT ASSETS
Stocks	6	1,020		700
Debtors	7	85,049		53,492
Cash at bank and in hand		9,287		9,364

		95,356		63,556
Creditors: Amounts Falling Due Within One Year	8	(109,006 )		(87,221 )

NET CURRENT ASSETS (LIABILITIES)			(13,650 )		(23,665 )

TOTAL ASSETS LESS CURRENT LIABILITIES			31,283		29,450

Creditors: Amounts Falling Due After More Than One Year	9		(2,655 )		(17,094 )

NET ASSETS			28,628		12,356

CAPITAL AND RESERVES
Called up share capital	10		1		1
Profit and Loss Account			28,627		12,355

SHAREHOLDERS' FUNDS			28,628		12,356

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Milford Corp Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Haroon Ahmed

Director

18/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Milford Corp Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07373464 . The registered office is 450b Wilbraham Road Wilbraham Road, Manchester, M21 0AG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% - Reducing balance
Fixtures & Fittings	15% - Reducing balance
Computer Equipment	33.33% - Reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2025: 10)

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Milford Corp Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	9,000

As at 31 March 2026	9,000

Amortisation
As at 1 April 2025	9,000

As at 31 March 2026	9,000

Net Book Value
As at 31 March 2026	-

As at 1 April 2025	-

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	61,940	168,632	34,644	265,216
Additions	-	-	130	130

As at 31 March 2026	61,940	168,632	34,774	265,346

Depreciation
As at 1 April 2025	51,411	127,620	33,070	212,101
Provided during the period	1,579	6,151	582	8,312

As at 31 March 2026	52,990	133,771	33,652	220,413

Net Book Value
As at 31 March 2026	8,950	34,861	1,122	44,933

As at 1 April 2025	10,529	41,012	1,574	53,115

6. Stocks

	2026	2025
	£	£
Materials	1,020	700

7. Debtors

	2026	2025
	£	£
Due within one year
Amounts owed by participating interests	84,518	52,550
Other debtors	531	942

	85,049	53,492

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Milford Corp Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	36,001	37,572
Amounts owed to participating interests	64,021	41,000
Other creditors	4,388	3,784
Taxation and social security	4,596	4,865

	109,006	87,221

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	2,655	13,094
Other creditors	-	4,000

	2,655	17,094

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

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